Ignite FB Tracking PixelGoogle buys steel foundry site it needs for downtown San Jose transit village - Joe N. Pollifrone
Google buys steel foundry site it needs for downtown San Jose transit village

by Joe N. Pollifrone 03/15/2019

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Google pays about $5.3 million for Kearney Pattern Works and Foundry complex in downtown San Jose as transit village plans progress

SAN JOSE — Google has bought a key downtown San Jose site that is expected to become part of the search giant’s game-changing transit village, paying about $5 million for a metal foundry across the street from the Diridon train station.

The property sale occurred in a downtown San Jose location where the tech titan has proposed a transit-oriented community of office buildings, homes, shops, restaurants and parks that could accommodate 25,000 workers, including 15,000 to 20,000 Google employees.

Mountain View-based Google paid $5.25 million in cash on March 12 for the Kearney Pattern Works and Foundry site, according to Santa Clara County property records.

https://www.mercurynews.com/2019/03/13/google-buys-steel-foundry-site-it-needs-for-downtown-san-jose-transit-village/

 

About the Author

Author
Joe N. Pollifrone

For over 34 years, Joe Pollifrone has practiced real estate full-time as a licensed Real Estate Broker in California. Joe’s vast sales experience includes duplexes, tri-plexes, four-plexes, apartment buildings, land, condominiums, townhomes, fixer-uppers, estate properties, and bank-owned properties (REOs). He also is active in selling non-owner occupied properties and is well-versed in 1031 tax-deferred exchanges, property management, tenant/landlord issues, and local laws. During Joe’s career to date, he has sold in excess of $200,000,000 of real estate, including over $32,000,000 in REOs. 

Joe brought his deep experience to Sereno Group Willow Glen as a Broker Associate in 2012. He was the Sales Manager and led a top-producing office. Joe would mentor new Sereno hires, making sure that they’re comfortable with the ethos of the office, plugged into Sereno’s network of contacts, and well-versed in the technology required of today’s real estate professionals. 

Joe prides himself on his proven ability to negotiate, extensive knowledge of contracts, and securing close of escrows in a timely manner. Both he and his clients credit his success to effective communication skills, honesty, and hard work. Joe is a native of San Jose and resides in Willow Glen with his wife of twenty-seven years, Kimi, his daughters Milan and Micaela and their two Goldendoodles, Tony-Luca and Marco.