July 23, 2020

Miramar Capital Completes Acquisition of Stevens Creek Promenade in San Jose, CA

Miramar Capital, in partnership with Machine Investment Group, is
pleased to announce the acquisition of Stevens Creek Promenade
from a Joint Venture between Colony Capital and Fortbay. The
Property is well located at 4300-4400 Stevens Creek Boulevard in
San Jose, CA.

Situated across 9.23 acres, the Property is currently comprised of
five office and retail buildings totaling 164,986 square feet along
Stevens Creek Blvd. The Property provides approximately 700 feet
of frontage along Stevens Creek Blvd, one of the most traveled
thoroughfares in Silicon Valley extending through San Jose, Santa
Clara, and Cupertino.

The Property presents a very attractive redevelopment opportunity.