SANTA CLARA, CA-A group of investors and developers that includes former San Francisco 49er Brent Jones has purchased a 1.22-acre industrial property near the under-construction Levi's Stadium.
The group acquired 2233 Calle Del Mundo, a 50,000-square-foot building built in the 1980s, for $5.2 million, according to a report from the San Francisco Business Times.
The buyers include Jones who is now a managing partner with investment firm Northgate Capital; Peter Geremia, co-founder of apartment developer St. Anton Partners; and Sacramento real estate veterans Brian Vail and John Saca. The partners invested in the venture on their own behalf.
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