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San Jose site in area where Microsoft plans data centers is bought
['George Avalos']
Silicon Valley
SAN JOSE — A significant chunk of land and buildings next to a site where Microsoft is eyeing possible data centers in north San Jose was purchased for $200 million, documents show.
Australia-based Goodman Group is a developer and owner of an array of real estate asset types, including data centers, warehouses, large-scale logistics facilities, and business and office parks.
In 2019, it was slated to become a tech village of offices, shops, restaurants and hotel facilities.
Prior to the just-completed $200 million deal, LBA Realty had sold off adjacent sites to Microsoft in two separate transactions – one in 2021 and the other in 2023.
The tech company has floated a proposal to develop two data centers on the sites it bought along Orchard Parkway.