SAN JOSE — A tech campus in San Jose has been bought at a big price cut compared with its prior value in a sign that the Bay Area office market remains wobbly at the same time it presents opportunities for savvy investors.
The office hub, located at 375 West Trimble Road, has been bought for $63.6 million, according to documents filed on Dec. 31 with the Santa Clara County Recorder’s Office.
A buying group that includes DivcoWest, a veteran Bay Area real estate firm, bought the four-building property at the corner of West Trimble and Orchard Parkway, the county public records show.
A real estate unit of MetLife Investment Management sold the property, which is at a prominent corner in San Jose…