July 23, 2018
Gold Street Technology Center, a 302,600-square-foot office/R&D campus in north San Jose, has traded hands for $91.5 million. The buyer was SFF Realty Fund, an affiliate of San Francisco-based PSAI Realty Partners, while the seller was ECP, an affiliate of Belmont-based Embarcadero Capital Partners. The 88%-leased property is the global headquarters of TiVo Corporation.
The property encompasses five separate, two-story buildings at 2100, 2130, 2150, 2160, and 2190 Gold St. Built in 1999, the property sits on 18.65 acres, within the 237 Corridor, near an abundance of executive and workforce housing options.
NKF Capital Markets’ Steven Golubchik, Grant Lammersen and Edmund Najera represented the seller.
“This property is highly attractive, as it is well positioned along the 237 Corridor which already features one of the largest concentrations of high- profile corporate users and well-known and respected technology firms such as Samsung, Cisco, and Dell, among others,” said Golubchik.
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