Parking Lot Equals Redo Opportunity

SAN JOSE, CA-GlobeSt.com has exclusively learned that a landmark surface grade parking lot property located in the core of Downtown San Jose, CA is on the block for sale, allowing for a substantial high density urban mixed-use redevelopment. Jeff Conover, Christopher Tramontano, and Nicholas D’Argenzio of Faris Lee are marketing the lot on behalf of the seller who acquired the property in 2009.

Faris has been tapped by the private Chicago-based owner to market the property, which is situated on 1.25 acres in the heart of downtown business, shopping and entertainment districts, and sits directly in front of two rail stations between E. Santa Clara St. and E. San Fernando St. at 35 S. 2^nd St. The property does not have an asking price and is listed on a “Best Offer” basis.