PRESS RELEASE

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January 9th, 2019

Miramar Capital Completes Acquisition of 2825 North First in San Jose, California

Miramar Capital is pleased to announce the acquisition of 2825 North First Street in San Jose, CA. The property is situated along the Santa Clara VTA Light Rail and between the 101 and 880 freeways, offering excellent accessibility with convenient access to the surrounding Silicon Valley. The North San Jose submarket has recently seen strong demand driven by the growing biotech/technology corridor.

The property is a 51,758 square foot, two-story, newly renovated office/R&D asset. Miramar secured a 10 year lease with a global biotech company who took 100% of the building.