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San Francisco investor gets discount deal on former Netgear building

Paceline buys another Silicon Valley flex property
The 142,700-square-foot building at 350 E. Plumeria Drive in San Jose previously occupied by Netgear is now vacant. (CoStar)
The 142,700-square-foot building at 350 E. Plumeria Drive in San Jose previously occupied by Netgear is now vacant. (CoStar)

A building that served as the longtime headquarters of a Silicon Valley mainstay sold to a San Francisco investor that specializes in "languishing, under-appreciated properties" for its lowest price in nearly 20 years.

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