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Foreclosed Former Memorex Facility in Santa Clara Trades for $32/SF

March 4, 20142 Mins read1.2k
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memorex, santa clara, santa clara real estate, bay area news, pelio & associates, c-iii capital partners, nai northern california, colliers, san jose
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By Jon Peterson Saratoga-based Pelio & Associates has paid $7.5 million or $32 per square foot to acquire the former Memorex facility located at 1220 to 1320 Memorex Drive in Santa Clara, according to sources familiar with the transaction. The financing on the property had gone into a default, and it was sold by the […]

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