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Transactions - JANUARY 30, 2019

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Boston Properties, TMG Partners to develop San Jose project

by Released

Boston Properties has entered into agreements with an affiliate of TMG Partners and Valley Oak Partners to acquire and develop Platform 16, an urban campus near Diridon Station in downtown San Jose.

Platform 16 is a 1.1 million-square-foot class A office development located on a 5.4-acre site that is adjacent to Google’s planned 8 million-square-foot transit village and Diridon Station, the largest multi-modal transportation hub in the Bay Area consisting of Caltrain, VTA light-rail, the ACE train, and the planned BART and high-speed rail lines.

The planned three-building campus, designed by world-renowned architect Kohn Pedersen Fox Associates, will feature large floorplates ranging from 25,000 to 90,000 square feet, 15-foot floor-to-floor heights, 16 large outdoor terraces, and multiple indoor and outdoor workspaces as well as on-site amenities including a large fitness and wellness facility and conference center. The project will have immediate access to

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