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Google, TCC Acquire Second Redevelopment Site Along Cinnabar St. in Downtown San Jose

Acquisition Part of Larger Assemblage
February 16, 2018
Google, with development partner Trammell Crow Co., has completed its purchase of 501 Cinnabar St. in San Jose, CA.

The acquisition is part of a larger assemblage that Google is carrying out in downtown San Jose. This past May, the venture completed a $51.5 million purchase of the neighboring 567 Cinnabar facility in an off-market deal, with the intent to redevelop the two sites.

Eric Fox of Cushman & Wakefield handled negotiations on behalf of the seller, Barker Pacific Group.

For more information on this transaction, please refer to CoStar COMP #4141383.
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