Super Micro Computer, a rising tech firm with revenue of more than $7B, has acquired a 20-acre site that was once the home of Fry's Electronics-a North San Jose landmark consumer store known for its Mayan-themed décor-and entitlements from the city that will allow it to build a 1.9M SF office campus.
The information tech company, which is based in San Jose, purchased the site from an affiliate of Bay West Development for $80M, according to an SEC filing reported by the San Jose Mercury News.
Bay West received approval from the San Jose Planning Commission in January of last year to build a cluster of seven eight-story office buildings on the site of the electronics store at 550 East Brokaw Road near the I-880 interchange. Also approved were two parking facilities encompassing 1.65M SF.
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