Transactions - MARCH 13, 2019

Japanese investor to buy North San Jose office campus for $429m

by Andrea Zander

Tokyo-based developer and real estate investor Mori Trust affiliate MT Silicon Valley One has plans to acquire a three-building office campus in San Jose from Menlo Park–based Lane Partners for $429 million, according to the San Jose Mercury News.

The all-cash deal for the 604,000-square-foot property that’s fully leased to Micron Technology would rank as Silicon Valley’s largest so far in 2019.

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