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Global Net Lease Takes Hit on Deal To Sell Silicon Valley Office Campus Slated for Housing Redevelopment

REIT Lands Buyer for Three-Building Complex in San Jose, California
The River Oaks office campus in San Jose, California, has sold for slightly less than the prior portfolio price. (CoStar)
The River Oaks office campus in San Jose, California, has sold for slightly less than the prior portfolio price. (CoStar)
CoStar News
July 13, 2023 | 5:50 P.M.

A sprawling office campus ripe for redevelopment in the tech-concentrated Silicon Valley area has landed a buyer, albeit as part of a deal that is slightly less than the prior portfolio purchase price.

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