Two tech companies strike deal for purchase of San Jose office site

  • 📰 mercnews
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 68%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

A tech company has bought a San Jose site from another tech firm in a deal that tops $20 million.

SAN JOSE — A tech company has bought a San Jose site from another tech firm in a deal that suggests a post-coronavirus malaise still afflicts parts of the Bay Area’s office market.

IPG Photonics, a maker of optical fiber lasers, sold the office site to ISE Labs, a technology services firm that has an operation in Fremont. Although IPG Photonics had owned the building for some years, the site was vacant at the time ISE Labs bought the property, according to commercial property listing services.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 88. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines