Super Micro Computer acquires San Jose building in real estate deal
Briefly

Super Micro Computer acquires San Jose building in real estate deal
"SAN JOSE Super Micro Computer bought an office and research building in north San Jose in a deal that widens the tech company's property holdings in the South Bay. Through an all-cash deal, the company paid about $13.3 million for the site at 1321 Ridder Park Dr. near Brokaw Road, according to documents filed on Sept. 10 with the Santa Clara County Recorder's Office. Jafar Fini, an individual, was the seller in the transaction, county records show."
"In 2013, it completed a deal to buy a large site at 750 Ridder Park Dr. that at that time contained the headquarters, news, and printing operations of the San Jose Mercury News. Super Micro Computer paid $30.5 million for that site, which included empty land. In 2021, the tech company opened the first building at the 750 Ridder Park site as the forerunner of what is evolving into a Green Computing Campus."
Super Micro Computer purchased a 35,200-square-foot office and research building at 1321 Ridder Park Dr. for about $13.3 million in an all-cash deal. The 2.9-acre site sits a few blocks from the company's main campus at 980 Rock Ave. The company has acquired multiple properties in north San Jose to assemble three separate tech campuses. Earlier purchases include 750 Ridder Park Dr. in 2013 and a 19.7-acre site at 550 East Brokaw Ave. in 2023. The 750 Ridder Park property is becoming a Green Computing Campus for advanced storage and server manufacturing to support AI and machine learning.
Read at www.mercurynews.com
Unable to calculate read time
[
|
]