A fund sponsored by CBRE Global Investors has acquired two class A office buildings in San Jose.
The buildings, collectively known as 237@First, each span six stories and include a total of 368,702 rentable square feet. The acquisition is part of the fund’s broader strategy to acquire and lease up properties in key office markets across the United States.
237@First is LEED Gold Certified and includes 4353 N. First St., which was completed in 2016 and includes 181,042 square feet, and 4453 N. First St., which was completed in 2019 and includes 187,660 square feet. The high-end office buildings feature 14-foot to 16-foot slab-to-slab heights, expansive window lines affording panoramic views and abundant light, dramatic lobbies, and flexible 32,800-square-foot column-free floor plates that can efficiently accommodate a de-densified floor plan. Tenant amenities include a fitness center with a yoga studio and several large outdoor collaboration areas, a sought-after featu
