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Tech company to buy former IBM campus in San Jose hills
Original: Tech company strikes deal to buy former IBM campus in San Jose hills
A technology company has reached a deal to acquire the former IBM campus in the hills of San Jose, California, according to The Mercury News. The purchase signals renewed commercial real estate activity in the South Bay, where large corporate campuses have changed hands as companies reassess office space. Details on the buyer and price were not immediately disclosed.
Why now: A major Silicon Valley corporate campus changing ownership highlights the shifting commercial real estate market and continued tech expansion in San Jose.
Evidence
- Tech company strikes deal to buy former IBM campus in San Jose hills · The Mercury News
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