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Investor buys fully leased building in San Jose tech corridor

R&D property occupied by lithium battery maker trades in investment sale
The two-story flex building in Alviso Tech Park sold for $15 million to an individual investor's LLC. (CoStar)
The two-story flex building in Alviso Tech Park sold for $15 million to an individual investor's LLC. (CoStar)
By Zahra Ihsan with
CoStar Research
June 16, 2026 | 4:32 P.M.

Chawla Ventures acquired a two-story flex property at 110 Baytech Drive in San Jose, California, from Money360 for $15 million, or $258.73 per square foot. The 57,976-square-foot building, constructed in 1997, was fully leased to Lyten Inc., a lithium battery manufacturer. Lyten's lease extends through December 2033, with 3% annual rent escalations and renewal options.

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