The outlook for downtown San Jose became a little less certain as the site of BXP’s proposed tech and office campus went up for sale, according to The Mercury News.
The project, Platform 16, would have totaled 1.6M SF and spanned a full city block. The company never broke ground and pressed pause on it in 2023, citing unfavorable market conditions.
Newmark now seeks a buyer for the downtown property at 447 S. Almaden Blvd. The 3.7-acre site is home to a parking lot that the city of San Jose is leasing through 2027. 
Downtown San Jose had an overall office vacancy rate of 30% in…