Optical Court - San Jose, CA
Local Capital Group acquired Optical Court with an institutional capital partner in September 2017. Optical Court is a prime office complex with 6 buildings, totaling over 500,000 sq ft of net rentable office space. The investment expands Local into the Office / Industrial market with its first acquisition of such product type.
The investment plan includes value-add vacancy reduction and working with existing tenants to provide best in class space and service as an owner and property manager.
Acquisition in 2017
Exited in 2021