An affiliate of Soulbrain Holdings Co., Ltd. acquired three office buildings in San Jose from Divco West Real Estate Services, LLC for approximately $160 million.
November 02, 2020
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An affiliate of Soulbrain Holdings Co., Ltd. (KOSDAQ:A036830) acquired three office buildings in San Jose from Divco West Real Estate Services, LLC for approximately $160 million on October 29, 2020. As part of the consideration $510 per square foot was paid. Will Connors, Daniel Renz, along with Mark Bodie and Scott Mathisen of JLL Capital Markets worked on behalf of Divco West Real Estate Services, LLC. Steven Chon and Sofi Choi of JLL Silicon Valley represented an affiliate of Soulbrain Holdings.
An affiliate of Soulbrain Holdings Co., Ltd. (KOSDAQ:A036830) completed the acquisition of three office buildings in San Jose from Divco West Real Estate Services, LLC on October 29, 2020. An affiliate of Soulbrain Holdings financed the purchase with a $78 million loan from Kookmin Bank.
Solbrain Holdings Co Ltd, formerly Solbrain Co Ltd, is a Korea-based company mainly engaged in the manufacture and sale of semiconductor and electronic related chemical materials. The Company operates its business through three segments. The Semiconductor Material segment is engaged in the manufacture and sale of chemical mechanical polishing equipment and devices used in semiconductor manufacturing processes, such as chemical mechanical polishing (CMP) slurries and precursors. The Display Materials segment produces and supplies chemical materials for display manufacturing processes such as etchants and mobile-related products such as thin glasses. The Other segment is mainly engaged in the manufacture and sale of chemical materials for secondary battery manufacturing processes. The Company sells its products in domestic and overseas markets such as the United States, China, and Malaysia.
An affiliate of Soulbrain Holdings Co., Ltd. acquired three office buildings in San Jose from Divco West Real Estate Services, LLC for approximately $160 million.