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268-Unit San Jose Apartment Complex Sells for $122 Million

268-Unit San Jose Apartment Complex Sells for $122 Million

by Phil Hall | Aug 28, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A 268-unit apartment complex in San Jose has been sold for $122.3 million. The San Jose Mercury News reports an affiliate of the San Francisco-based Carmel Partners acquired property all-cash deal, according to documents filed with the Santa Clara Court Recorder’s...
A California Housing First: San Jose ADU Sold as a Condo Unit

A California Housing First: San Jose ADU Sold as a Condo Unit

by Phil Hall | Jul 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An accessory dwelling unit (ADU) in San Jose has become the first California property of its kind to be sold as a condo unit on an existing property. SFGate.com reports the 749-square-foot, two-bedroom standalone home near downtown sold for $530,000; it was first...
4,000-Unit Net Zero Community Planned for Downtown San Jose

4,000-Unit Net Zero Community Planned for Downtown San Jose

by Phil Hall | Nov 13, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

The real estate developer Westbank has teamed with Pacific Gas and Electric Company (PG&E) on a proposed net zero community that will be located in downtown San Jose. The project seeks to will develop three new data centers and upwards of 4,000 residential units....
Historic San Jose Hotel Sells for $11 Million, Nearly 44% Below its Last Transfer

Historic San Jose Hotel Sells for $11 Million, Nearly 44% Below its Last Transfer

by Phil Hall | Oct 31, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A historic hotel in downtown San Jose was sold for roughly half the price of its previous ownership transfer. SiliconValley.com reported the Hotel De Anza was acquired for $11.5 million by an ownership group led by Dhaval Panchal, a Northern California hotelier. The...
T&T Supermarket, Canadian Asian Grocery Retailer, to Open First California Store

T&T Supermarket, Canadian Asian Grocery Retailer, to Open First California Store

by Phil Hall | Aug 16, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

T&T Supermarket Inc., the Canadian-based Asian grocery retailer, is opening its first California store and third US location in San Jose. The new store is set to open in Fall 2025 at San Jose’s Westgate Center. The 55,000-square-foot store will be based in a...
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