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Machine Investment Group acquires office in San Jose, Calif., for $32m
Transactions - NOVEMBER 8, 2021

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Machine Investment Group acquires office in San Jose, Calif., for $32m

by Released

Machine Investment Group has acquired 1010 Rincon Circle in the North San Jose submarket of Silicon Valley.

Machine partnered on the deal with Baudpont Capital, purchasing the property off-market from a private owner for $32.6 million.

1010 Rincon Circle is a class-A, 90,871-square-foot R&D flex office building. The property has a two-story lobby with floor-to-ceiling glass windows, 16-foot clearance heights, ample parking, and newly renovated outdoor amenities. The property is two miles from New Milpitas BART Station, 3.5 miles from San Jose International Airport, and a five-minute walk to public transit.

1010 Rincon Circle is 100 percent occupied by Quanta Cloud Technology, a subsidiary of Quanta Computers. The Global Fortune 500 company, publicly traded on the Taiwan Stock Exchange, has more than 70,000 employees worldwide.

 

 

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