"Machine Investment Group, the owner of the towers, and Centurion Real Estate Partners, the property's operator, have begun to scout for buyers to purchase unsold condominiums in the complex known as 188 West St. James. We have a very well-built, very attractive property in a great location in a city that is underserved by housing, said John Tashjian, managing partner with Centurion Real Estate. San Jose has significant housing demand and great purchasing power."
"Machine and Centurion say they have rebranded and reimagined the property, which consists of a 22-floor eastern tower with 337 units and a 20-floor western tower with 303 units. With a fully realized vision now brought to life under new ownership, 188 West Saint James offers something increasingly rare in the Bay Area: attainable homeownership in an iconic residential setting, said Paul Zeger, president of residential real estate firm Polaris Pacific."
Machine Investment Group and Centurion Real Estate Partners launched a marketing campaign to sell unsold condominiums at 188 West St. James in downtown San Jose. The complex comprises a 22-floor eastern tower with 337 units and a 20-floor western tower with 303 units. As of Feb. 4, 202 of the western tower’s 303 units remained unsold while all 337 units in the eastern tower remained unoccupied. Management says the property has been rebranded and reimagined to offer attainable homeownership in a central location near San Pedro Square and SAP Center. Starting prices are about $425,000 for studios, $500,000s for one-bedrooms, and about $900,000s for two-bedrooms.
Read at www.mercurynews.com
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