350 E. Plumeria Drive
350 E. Plumeria Drive, San Jose, CA 95134
Property Overview
350 East Plumeria Drive is a two-story office/flex building totaling 142,700 square feet. Completed in 1984, the building’s design allows it to accommodate either multiple- or single-tenant occupancies and a broad array of uses, including office, high-tech manufacturing and assembly. The property site totals approximately 8.11 acres and provides parking for 503 vehicles. Vehicular access is from four entrances: two from each frontage street.
The Silicon Valley has gained international recognition as the worldwide leader in technological innovation. The Valley also serves as a magnet for venture capital investment. These factors encourage serial entrepreneurship and have helped to fuel each successive technological boom.
Investment at a Glance
Location: San Jose, CA
Property Type: Office
Acquisition Date: December 18, 2008
Sale Date: May 17, 2016
Sale Price: $44,000,000
Purchase Price: $35,775,000
No. of Buildings: 1
No. of Stories: 2
Square Footage: 142,700 SF
Year Built: 1984
Leased Percentage (at the time of Acquisition): 100%
