Hulic jointly acquired One South Market, a rental housing property in San Jose, California, with US real estate investment manager Kennedy Wilson and Fuyo General Lease. The property comprises 312 units and was completed in 2015.
Hulic announced on the 15th that it had jointly acquired One South Market, a rental housing property in downtown San Jose, California, with US real estate investment manager Kennedy Wilson and Fuyo General Lease.
The property is notable for its location within walking distance of the headquarters of Adobe and Zoom Communications, as well as its convenient access to locations throughout Silicon Valley.
Completed in 2015, the property comprises 312 units with approximately 26,311 square metres of leasable area. Demand from high-income households is expected.
Hulic said it will continue investing in areas expected to achieve economic growth and work with its partners to enhance property value.