JV downsizes in Silicon Valley

Sells office complex after 2 years of ownership
Published on Apr 16, 2007

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by CareyBot

A joint venture between New York-based The Praedium Group LLC and California-based South Bay Development Co. recently sold the Coronado/Stender Business Park in Santa Clara, Calif., for $34.5 million. Southern California-based Adler Realty Investments Inc. purchased the 227,600-square-foot property, which ...