{"id":5171,"date":"2026-07-22T17:38:41","date_gmt":"2026-07-22T17:38:41","guid":{"rendered":"https:\/\/nextcitydigest.com\/?p=5171"},"modified":"2026-07-22T17:38:41","modified_gmt":"2026-07-22T17:38:41","slug":"south-bay-tech-office-and-lab-hub-lands-buyer-at-discounted-price","status":"publish","type":"post","link":"https:\/\/nextcitydigest.com\/?p=5171","title":{"rendered":"South Bay tech office and lab hub lands buyer at discounted price"},"content":{"rendered":"<div>\n<div>\n<p>SUNNYVALE \u2014 A tech and engineering building in Sunnyvale was bought for about 34% less than its prior value, documents filed on July 20 with the Santa Clara County Recorder\u2019s Office show.<\/p>\n<p>Read more <a href=\"https:\/\/nextcitydigest.com\/?p=5169\">San Jose: One person killed in house fire<\/a><\/p>\n<p>SFF Realty Partners, through an affiliate, paid $46 million for the 104,500-square-foot building at 384 Santa Trinita Ave. Bosch Engineering is the tenant.<\/p>\n<p>The property\u2019s assessed value was $69.8 million as of January. Values estimated by the Santa Clara County Assessor\u2019s Office are one of multiple metrics to measure how much a property is worth.<\/p>\n<p>When Bosch Engineering leased the building in 2017, the tech company stated that it had signed a 10-year lease. The company took occupancy in 2018.<\/p>\n<p>Read more <a href=\"https:\/\/nextcitydigest.com\/?p=5167\">Police arrest East Bay murder suspect tied to June fight in Antioch<\/a><\/p>\n<p>The purchase was completed at a time when office leasing appears to be on the upswing in the South Bay. During the three months that ended in June, the South Bay office market posted its strongest leasing activity in well over a year.<\/p>\n<p>Tenants leased a combined 2.7 million square feet in the April-through-June second quarter of 2026, commercial real estate firm CBRE reported.<\/p>\n<p>Read more <a href=\"https:\/\/nextcitydigest.com\/?p=5165\">Private autopsy of Nolan Wells offers little insight into death<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A South Bay tech and engineering building has been bought for less than its prior value, a deal that points to weak commercial property prices even as office leasing surges in the region.<\/p>\n","protected":false},"author":1,"featured_media":5170,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-5171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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