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Project
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347 High End Apartments
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21 Story Highrise
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Approximately 7,000 square feet of Retail
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Unique Parking Structure
Location
• Downtown Core
San Jose, CA
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Fully funded by major union pension fund with the goal of owning and
operating "best in class" capital assets in high-barrier to entry markets.
The first purpose built Class A high-rise Apartment Building in downtown
San Jose following a wave of Class A condominium high-rises. Captures the
double digit rental rate increases over the past two years and expected
strong increases in rent, jobs and supply scarcity over the next 5 years.
Highly amenitized to compete with the best assets in Silicon Valley.
Construction to commence 2Q13 and fully stabilized by 4Q16.
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