SAN JOSE, CA—Shorenstein Properties LLC has closed on its purchase of the first phase of Champion Station, a four-building, low-rise office and R&D campus at 110-180 West Tasman Dr. in North San Jose. Terms of the purchase, which was concluded with TMG Partners, were not disclosed.

The four buildings, totaling 426,000 square feet, are currently fully leased to Champion Station on a short-term basis. “This is an opportunity to reposition a well-located campus in a market with strong leasing demand and a dearth of available blocks of office space to accommodate large users,” says Douglas W. Shorenstein, CEO and chairman, Shorenstein Properties LLC.

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