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A big office complex in north San Jose that’s leased to Toshiba has been bought by investors in Los Angeles led by a Hong Kong-based capital management group, a deal that suggests well-heeled buyers still hunger for Silicon Valley real estate. GC Orchard Trimble paid $93.5 million on June 14 for a roughly 200,000-square-foot campus of three buildings at the corner of West Trimble Road and Orchard Parkway, according to Santa Clara County property filings. “This is totally related to investors seeking cash flow as a result of the buildings being all leased to Toshiba,” said Erik Hallgrimson, an executive managing director with Cushman & Wakefield, a commercial realty brokerage.
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