San Jose business park bought by real estate investors

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A San Jose Business Park Lands in New Hands for $30 Million

Kaye Anderson, a real estate firm with a global presence, has acquired the 7-acre business park at 780 Montague Expressway in North San Jose for a whopping $30 million. According to documents filed with the Santa Clara County Recorder's Office on December 11, the purchase price is a significant investment in the area.

With its principal offices in Los Angeles and international locations in Florida, Texas, New York City, Chicago, and London, Kayne Anderson brings a diverse range of expertise to the table. The company has listed several fields of real estate expertise on its website, including medical office development, high-end seniors housing, off-campus student housing/multifamily, and self-storage.

The business park, which spans 95,000 square feet, features seven buildings that are currently occupied by a diverse group of tenants, including small businesses and tech firms. The site's proximity to Interstate 880 is likely an attractive feature for investors looking to tap into the region's growing commercial market.

While the terms of the sale were not disclosed, it's clear that Kayne Anderson has a deep understanding of the local real estate landscape and is eager to capitalize on its investment in North San Jose. With its global reach and diverse expertise, the firm is well-positioned to drive growth and development in the area.
 
omg just learned that san jose business park sold for $30 million 🤑💸😮 can you believe it?! kayak anderson must be so stoked about this new investment 💪🏽📈 i mean, 95k sq ft of space is a lot! 💺 tech firms and small businesses will love the location near interstate 880 🚗👍 they're gonna make some serious cash with all these new companies moving in 💸💼 what do u think about this new development? 👀
 
This deal is gonna shake things up in North San Jose! I'm loving that Kayne Anderson is putting down roots here with a $30 million investment - it's a big chunk of change for the business park. With all those tech firms and small businesses already occupying the space, it's clear there's demand for more commercial real estate in the area. The proximity to I-880 is a major plus, and I'm stoked to see Kayne Anderson bringing its expertise in different areas of real estate to the table 🤩. This could be a game-changer for local businesses and investors looking to capitalize on the region's growth.
 
I'm thinking about how this acquisition could impact the local community 🤔. As a tenant at the business park, I'd love to see some updates on the spaces - maybe more tech firms moving in or some new businesses opening up. The proximity to I-880 is defo a bonus for commuters like me 😊. But, you know, as much as I'd love to see Kayne Anderson bringing in some fresh investment, $30 million seems like a pretty hefty price tag for a 7-acre plot 🤑. Still, if they're bringing their expertise and A-game to the table, it could be a win-win all around 💯! What do you guys think about this deal?
 
🤔 just wondering how much impact this sale will have on the local community? i mean, $30 million is a huge sum for a business park, but what does that really mean for the people living nearby? are they gonna see any benefits from all these new businesses setting up shop there? 👀
 
I'm so curious about what kind of businesses are gonna move into this new business park 🤔💡 $30 million is a crazy amount for 7 acres, but I guess you gotta pay top dollar for prime real estate in San Jose. I'm hoping we see some new startups and innovative companies come in and shake things up around here 😊. The fact that Kayne Anderson has international connections is a big plus - it'll be interesting to see how they collaborate with local businesses and talent. Fingers crossed this deal brings in some much-needed economic growth for the area 🚀💸
 
Ugh, business parks just keep popping up everywhere now... like how many more tech companies do we need? 🤯 This one's gonna be another hub for overpriced coffee shops and startups with no real purpose. 30 million bucks is a lot of cash, but what's the point of it all? Just more gentrification and rising costs of living. The locals are probably just getting priced out already...
 
just great another big business park gets bought up by some rich company 🤑 meanwhile our public schools are still struggling with outdated textbooks 📚 and funding issues 😔
 
So now some rich people from LA are gonna take over our 'hood and turn it into some fancy business park... 30 million bucks for 7 acres? That's just crazy talk! I bet they'll just push out all the small businesses and tech firms that are actually good for this community, and replace them with soulless corporate offices. And what about the environment? Are we gonna see some big ol' building spewing toxic fumes into the air now? 🤔🏢
 
omg 30 million bucks for a business park? that's like buying a whole new city 🤣 anyway i heard it's a pretty sweet deal for kayne anderson they're basically getting a goldmine with all these tenants already set up, i mean who wouldn't wanna invest in north san jose right now it's like the area is on fire 💥 and let's be real, 95k sq ft of space can do some crazy things with that kind of cash 🤑
 
Ugh, just heard about this 🤑 and I'm already having a bad day 😒. Another big business getting bought out for a crazy $30 million 🤯... meanwhile, most people can't even afford their rent and it's just perpetuating wealth inequality 💸🏢. And what's the point of all these fancy high-end seniors housing developments? Just more empty apartments for rich folks who don't need 'em 😴. Not to mention the tech firms moving in, probably sucking up all our talent and resources 🤖💻. This business park just becomes another symbol of gentrification and how big corps are getting richer while everyone else is struggling 😩.
 
I'm still surprised they're selling it for $30 million... I mean, back when I was a teenager, you could buy a plot of land like that for like half that amount. Still, I guess times change and investors are willing to shell out big bucks for prime real estate. I wonder what kind of tech firms would be interested in setting up shop there 🤔. The location is definitely convenient for I-880, so it's likely to stay busy. Not sure if they'll see a huge return on their investment but hey, it's all about the market right? 💸
 
I'm thinking, what does this mean for the future of North San Jose? 🤔

Imagine a big puzzle with 7 pieces - that's what we have here! Each piece represents one building in the business park, and they all need to fit together perfectly. Kayne Anderson is like a super-smart matchmaker who knows exactly how to connect these pieces to make something amazing happen.

They've got experience in all sorts of cool projects, from medical offices to student housing - it's like they have a treasure chest of ideas! 💡 And with their global reach, they can bring in people and expertise from all over the world. It's like having a team of superheroes working together to make North San Jose an even cooler place.

I'm curious to see what kind of cool things they'll do with this business park - maybe some new tech firms or innovative startups will move in? 🚀
 
I THINK THIS IS A BIG DEAL FOR THE LOCAL COMMUNITY! $30 MILLION is a LOT of money for just ONE business park 🤑 AND IT'S NOT LIKE KAYNE ANDERSON IS JUST BUYING IT TO FLIP IT, THEY ACTUALLY HAVE EXPERIENCE WITH DEVELOPING MEDICAL OFFICE BUILDINGS AND STUFF. THIS COULD LEAD TO MORE JOB OPPORTUNITIES AND INVESTMENT IN THE AREA. PLUS, IT'S GREAT TO SEE SOME NEW ENERGY IN NORTH SAN JOSE 🌞
 
Just read about this new business park deal 🤑👀 30 million bucks for 7 acres is wild! Can't wait to see what changes come to North San Jose 😁. Guess this means more jobs and opportunities for people around there 💼💻. Anyone know what's coming to the space? Maybe some cool tech startups or medical offices 🤔📈
 
😱 can't believe they're selling this thing for 30 mil 💸 I mean, it's a great location but like, $30 million is just crazy 🤯 and what about all the existing tenants? are they gonna get screwed over or what? 🤑 i hope kayne anderson knows what they're doing, gotta be some smart business move to make this investment pay off 💸
 
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