The Santa Clara Valley Transportation Authority (VTA) is looking to purchase a building at 70 North Second Street in downtown San Jose for $15 million to establish a Security Operations Center. The building, measuring 23,500 square feet, was formerly leased by Wrike, a software company. Following a recent acquisition of a 17-story office tower for its new headquarters, the VTA aims to occupy most of the South Almaden Boulevard building while seeking tenants for additional floors. This strategic move highlights the VTA's commitment to improving security operations in the transit agency.
The Santa Clara Valley Transportation Authority is pursuing the acquisition of a downtown San Jose office building, earmarked to become a security operations hub.
The VTA plans to invest $15 million to acquire and prepare the office space at 70 North Second Street, which spans 23,500 square feet.
This acquisition follows the VTA's recent purchase of a 17-story tower for their future headquarters at 488 South Almaden Boulevard, costing $63.7 million.
CBRE's marketing brochure indicates the building was previously leased by Wrike, although details about the lease terms remain undisclosed.
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