Downtown San Jose historic landmark tower lands on the sales block

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Downtown San Jose historic landmark tower lands on the sales block
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One of downtown San Jose’s landmark properties is on the sales block, a real estate endeavor that could provide some clues about the strength — or weakness — of the region’s…

SAN JOSE — One of downtown San Jose’s landmark properties is on the sales block, a real estate endeavor that could provide some clues about the strength — or weakness — of the region’s economy.

Hotel De Anza, a 100-room historic lodging located at 233 W. Santa Clara St. in downtown San Jose, evening view. A future new owner of the hotel could experience considerable upside from the lodging property, the sales packet stated. The brochure added that the last significant upgrade to the hotel occurred in 2015.

At present, Adobe employs about 3,800 people in downtown San Jose. The new highrise will accommodate about 3,000 people, according to Adobe. The expansion to the North Tower will enable the company’s downtown headcount to total 6,800, an increase of about 79% in the number of employees in San Jose’s urban core.

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