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%

$35,775,000 Total Purchase Price
142,700 square feet Total Rentable Area
Class B Building Class