Han’s Holdings Group has sold the 353-room Hilton San Jose in downtown San Jose for $117.55 million.
The hotel was sold unencumbered of an existing management agreement.
The 18-story Hilton San Jose is connected by a skybridge to the 550,000-square-foot San Jose McEnery Convention Center. The hotel features 18,375 square feet of meeting and event space, an outdoor pool, 24-hour fitness center, business lounge and the Affinity Restaurant & Bar. Situated at 300 Almaden Blvd., the hotel’s downtown San Jose location places it in the heart of Silicon Valley and near multiple demand drivers, including the San Jose Performing Arts Center, San Jose State University, the SAP Center and Levi’s Stadium, along with more than 10 million square feet of office space.
“Hilton San Jose is proximate to a plethora of Fortune 1,000 corporations, including some of the most recognizable names in technology today,” said John Strauss, senior managing director at JLL Hotel