Empty tech campus in Santa Clara lands buyer for huge price discount
SANTA CLARA — A tech campus in Santa Clara has landed a new owner in a property purchase that suggests office market values are continuing to wobble at the start of 2025.Four Corners Properties, a Los Altos-based real estate investment firm headed up by Bruce Burkard, bought the office hub on Jay Street through an all-cash deal for just under $21.2 million, a Santa Clara County Recorder’s Office grant deed shows.Street-level view of a two-building office campus at 3250 through 3270 Jay Street in Santa Clara. (Google Maps)The price was one-fourth...