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Newmark Completes Sale of 3.7-Acre Development Site in Downtown San Jose
November 05, 2025
NEW YORK, Nov. 5 -- Newmark Group posted the following news release:

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Newmark Completes Sale of 3.7-Acre Development Site in Downtown San Jose

Newmark announces the Company has arranged the sale of 447 South Almaden Boulevard, a 3.7-acre development site in the heart of Downtown San Jose. The City of San Jose acquired the asset for $13.5 million, approximately $3.7 million per acre or $85 per land foot.

Newmark Executive Vice Chairman and . . .

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