Business Services Industry
SSR Realty Advisors Sells San Jose R&d Property for $15 Million
Business Wire, July 6, 1998
SAN FRANCISCO & WHITE PLAINS, NY--(BUSINESS WIRE)--July 6, 1998--SSR Realty Advisors, Inc., today announced that it has sold the 155,700 square-foot Edenvale Business Park, an R&D property in San Jose, to TA Associates for $15.175 million. The property, located in the South San Jose submarket, was 100% occupied at the time of sale. SSR Realty Advisors made the sale on behalf of a corporate pension fund client.
SSR Realty Advisors, Inc. is an investment management firm affiliated with State Street Research & Management Company of Boston, Massachusetts. The company, based in San Francisco, California, and White Plains, New York, has $2.3 billion in real estate assets under management for primarily 180 institutional clients, including several of the nation's largest public and private pension funds.
CONTACT: Thomas A. McKean-Reich
SSR Realty Advisors
(415) 678-2013
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