San Jose's Rental Market Driven by Tech

BIG DEAL: The 360 Residences, a 213-unit luxury high-rise tower in San Jose, recently sold for $118 million, or approximately $554,000 per unit. The sale marks the largest single-asset multi­family deal to close in the Bay Area year to date.

Steven J. Seligman is the vice president and regional manager of the Palo Alto, Calif., office of Marcus & Millichap Real Estate Investment Services.

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