DivcoWest Acquires Historic San Jose Asset for $14.4MM

(EDITOR'S NOTE: According to sources familiar with the details of the transaction, the transaction closed for $14.4 million, or $172 per square foot. DivcoWest funded the purchase through it's Fund V. The opportunity, according to the sources, is to rehab and position the building as a creative office that would utilize the existing amenities already […]