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Chinese Firm Pays $58.5 Million for The Campus at First

SouFun Holdings Buys Vacant Two-Bldg. Office Campus in North San Jose
October 4, 2017
Chinese investment group SouFun Holdings has acquired a long vacant office complex in north San Jose, CA for $58.5 million, or about $220 per square foot.

The 265,054-square-foot Campus at First has stood idle since Micron Technology and Aptina Imaging vacated the two-building campus in May 2014. Micron had previously fully occupied the 145,184-square-foot, three-story building at 3060 N. 1st St., while Aptina Imaging operated out of the 119,870-square-foot, six-story property at 3080 N. 1st St.

The buyer has not yet announced a tenant, and the space is still being marketed for lease.

Steve Becerra of Intero Commercial served as dual agent in the transaction. For more information, please refer to CoStar COMP #4012392.
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