SAN JOSE-Brookfield Office Properties spent $85 million recently on a group of office buildings in the Silicon Valley totaling 459,000 square-feet, that were offered by Equity Office Properties.
According to the Silicon Valley Business Journal, this deal was part of a recent selling spree for EOP has cashed in more than 3 million square feet since September and has more deals in the pipeline.
The most recent transaction included the 373,754-square-foot Rio Robles office park, which consists of seven buildings in North San Jose; as well as the 85,585-square-foot 3553 North First St., which is located adjacent to the Rio Robles Properties. The transaction was arranged by Joe Moriarty of CBRE's San Jose office.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
