Supermicro, a locally based computer server manufacturer, is expanding its presence in San Jose with the acquisition of 550 East Brokaw Rd. for $80 million. The transaction is expected to close this month according to an SEC filing.
The site, which spans nearly 20 acres and was successfully entitled by Bay West Development last year, will be used as part of Supermicro’s expanded San Jose campus. It includes seven buildings totaling 1.92 million square feet and two parking structures with almost 5,400 stalls.
Supermicro has been operating in San Jose for over three decades and has built a significant real estate portfolio in the area. Last year alone, it reported owning and leasing nearly 2.3 million square feet of office and manufacturing space as well as leasing an additional 720