Status Complete Completed 2005 Floor count 193 below ground Opened 2005 Floor area 12 ha | Type Commercial offices Roof 85.3 m (280 ft) Height 85 m Floors 19 Architectural style Modern architecture | |
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Location 488 Almaden BoulevardSan Jose, California Similar The 88, Downtown San Jose, San Jose Marriott, San Jose City Hall, Fairmont San Jose | ||
Sobrato Office Tower is a 17-story, class-A office building at 488 Almaden Boulevard in San Jose, California. It is the third tallest building in the city. The building was completed in 2005 by the Sobrato Organization and remained unoccupied for five years. Sobrato sold the building for $135 million to BEA Systems in 2007, which was itself later purchased by the building's present owner, Oracle.
Map of Sobrato Office Tower, San Jose, CA 95113, USA
Since its $138.5 million assessment in 2007, the assessed value of the building has fallen to $57 million.
At different times, the City of San Jose, Nvidia, Sony, and BEA itself were each noted publicly to be negotiating to lease space in the building but none of those reported negotiations resulted in a tenancy.
Criticism of the building and possible reasons for its inability to attract tenants have often focused on its location being too far from downtown San Jose.
On November 17, 2010, it was announced that PricewaterhouseCoopers would lease 209,000 square feet (19,400 m2) on eight floors of the tower beginning June 2011, thus leaving their 165,000 sq ft (15,300 m2) 10 Almaden Boulevard location in San Jose.