SAN JOSE, CA—Equity Office Properties has completed the sale of Ten Almaden, a 309,255-square-foot, transit-oriented, class A office building in downtown San Jose.

HFF marketed the property Equity's behalf. The asset was purchased by KBS Capital Advisors for an undisclosed amount.

Completed in 1988 and renovated in 2010, Ten Almaden is a 17-story, LEED Certified Gold office tower that is 89% leased to tenants including Citibank, Comcast, Robert Half International, Rosetta Marketing Group and Turner Construction Company. The property features a three-story atrium and lobby, fitness center with outdoor pool, sauna and showers, a six-level parking structure and café. Situated on a 1.64-acre site at 10 Almaden Boulevard, the property is within walking distance to the San Jose Diridon Transit Station served by Caltrain, Amtrak, ACE commuter rail, VTA light rail, bus lines and the planned California High-Speed Rail connecting downtown San Jose to San Francisco and the Peninsula. The property is also convenient to Interstates 280, 680, 880, Highways 87 and 17 and US 101 as well as being a five-minute drive from San Jose's Norman S. Mineta International Airport.