San Jose Snaps Up Strategic Downtown Property for $13.5MM from BXP, Eyes Convention Center Expansion

City council seizes opportunity in depressed office market to acquire 3.5-acre parcel that connects key municipal holdings San Jose city officials moved swiftly Tuesday to acquire a strategically located downtown property for $13.5 million, a price that reflects the dramatic collapse in commercial real estate values since the pandemic—and represents what city leaders describe as […]