Description

The Evergreen Elementary School District (“EESD”) is seeking proposals from qualified development partners to ground lease and redevelop the Evergreen Portfolio (“Property(ies)” or “Site(s)”), three former school district properties across San Jose.

Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained as the exclusive advisor to source proposals to ground lease and redevelop the Properties.

The Properties are available to be ground leased either separately or together.

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Attributes

Land area gross

8.59 ha

Evergreen Portfolio (3 Properties)

Media

Investment highlights

Prime land assets offer stable investment with future development potential
21.23 acres of strategically positioned land in high-demand area
Secured by San Jose properties—renowned for robust real estate market
Location advantage: San Jose, known for tech industry growth and strong demographics
Positioned for potential above-market returns upon future asset unlocking
Benefit from portfolio diversification through prime land holdings
Perfect candidate for value-add opportunities through strategic development