Harvest Properties to offer property management services to Principal Real Estate Investors in US

23 December 2013 (Last Updated December 23rd, 2013 18:30)

Commercial real estate development and management firm Harvest Properties has received a contract from Principal Real Estate Investors to offer property management services for its recently acquired office in downtown San Jose.

Harvest Properties

Commercial real estate development and management firm Harvest Properties has received a contract from Principal Real Estate Investors to offer property management services for its recently acquired office in downtown San Jose.

The agreement includes provision of a range of property management services for the 16-storey, 349,318ft² Class ‘A’ office building.

Harvest Properties founder and managing partner John Winther said that 225 West Santa Clara is a great asset located in the rapidly evolving downtown San Jose submarket.

"The quality of the real estate, transit orientated location, and ample amenity base secure this location as a best-in-class building," Winther added.

The recently acquired office tower is 91% leased to more than 12 tenants in a range of industries, such as financial and business services.

Features of the building, which was originally built in 2001, include building systems, a striking glass façade, and a five-level parking structure.

The building has been recently renovated to boost the tenant spaces, which involved common area enhancements including patio remodels, in addition to HVAC system upgrades and enhancements.


Image: Principal Real Estate Investors recently acquired the 16-storey, 349,318ft² Class ‘A’ office building. Photo courtesy of Business Wire.