Big manufacturing and industrial middle is eyed at San Jose web site

SAN JOSE — A major production and industrial elaborate could sprout on a San Jose site that a development venture has just bought, recently submitted city strategies demonstrate.

Rockpoint Team ordered the 10.2-acre house in south San Jose for $15.7 million on March 31, according to paperwork submitted the very same working day with the Santa Clara County Recorder’s Office.

The property, which Rockpoint purchased in an all-income offer, is positioned at 865 Embedded Way, the county information clearly show. The web-site is near two freeway interchanges that hook up to U.S. Freeway 101.

Oppidan, a advancement spouse for Texas-based mostly Rockpoint Team, submitted a proposal on April 27 with San Jose city officers to build a significant setting up on the Embedded Way assets that would accommodate producing or industrial operations.

Boston-based mostly Rockpoint, which is a non-public equity serious estate expenditure company, experienced beforehand formed an alliance with Oppidan to create industrial web-sites in the United States.

The creating could complete 121,900 square toes, according to the documents on file with the town.

The industrial and production elaborate would be 1 story high, the city data demonstrate.

Developers have been obtaining significant chunks of land in south San Jose in current several years.