CarrAmerica Realty Corp. acquired five buildings in the Corporate Technology Centre in North San Jose, Calif.

CarrAmerica paid $43.8 million for the office/R&D properties, which total 331,950 square feet. CarrAmerica will also assume management and leasing of the buildings.

The five-building portfolio, which was 42 percent leased at the time of sale, was completed in 1999.

CarrAmerica owns, develops and operates office properties in 13 markets throughout the United States.


What’s your opinion? Send your Letter to the Editor to

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top