#lease-buy-back deal

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San Jose Inside
10 months ago
Education

Downtown Hotel to Sell One Tower for Proposed San Jose State Student Housing

San Jose State University has made a $113 million lease-buy-back deal with Throckmorton Partners to convert a former hotel into a student residence hall.
The project will provide affordable housing units for undergraduate students by fall 2024.
The university's expansion in downtown San Jose will benefit small businesses and entertainment venues. [ more ]
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