A top-tier school based in New York has bought an office building adjacent to its emerging campus in San Jose near the downtown, a sign the school is expanding its education hub.
Avenues: The World School Silicon Valley campus at the corner of Meridian Avenue and Parkmoor Avenue in San Jose, evening view, concept. An elite New York City school has bought an office building next to its emerging campus in San Jose near the city’s downtown, an indication the school is expanding its education hub.
The school paid $33 million for the building, according to the public property records. The purchase was an all-cash deal. Cushman & Wakefield brokers Erik Hallgrimson, Walt Stephenson and Brett Krouskup arranged the 525 Race St. purchase. The school’s first campus opened in 2012 in Manhattan’s Chelsea neighborhood. The Avenues website also lists physical campuses in China and Brazil, as well as a digital offering called Avenues Online.
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