#san-jose-real-estate

#san-jose-real-estate

The Santa Clara Valley Transportation Authority filed a lawsuit in 2022 whereby it sought to seize ownership of the property, which occupies a prime spot near the anticipated entrance to BART's planned Downtown San Jose station. VTA at the time stated it required the property to build key components of a BART station planned for the corner of Santa Clara Street and First Street.

The computer networking giant sold the buildings for $63 million to South Bay Development, a veteran real estate firm, according to documents filed on Dec. 19 with the Santa Clara County Recorder's Office. Cisco Systems sold four north San Jose office buildings with addresses of 260, 300, and 350 East Tasman Drive, and 3750 Zanker Road, as well as two parking garages in the vicinity, the county documents show.

The Sonesta ES Suites hotel in north San Jose has been bought for $16 million by an affiliate headed up by San Diego-based Kalthia Group Hotels, according to documents filed on Dec. 17 with the Santa Clara County Recorder's Office. Earlier this year, Kalthia Group Hotels executives floated a preliminary proposal to convert the 114-room suites hotel into residences. This makes sense as a housing conversion, said Alan Reay, president of Atlas Hospitality Group, which tracks the California lodging market. Suites already have kitchens, so that makes a conversion easier.

The spacious unit in the 4200 block of Kirk Road in San Jose was sold on Oct. 24, 2025 for $2,445,000 which works out to $946 per square foot. The house, built in 2005, has an interior space of 2,584 square feet. This two-story home offers a spacious layout with four bedrooms and three baths. The property is equipped with a heating system. In addition, the home features two parking spots, ensuring convenient parking for multiple cars.