Virtú Investments has closed on its purchase of The James in San Jose, California.
The James is a 190-unit multifamily complex located at 98 N. First Street. Completed in 2019, The James is a six-story pedestal-style building offering a mix of studio, one- and two-bedroom luxury apartment homes.
Amenities at The James cater to the modern renter. Facilities offer myriad opportunities to relax and reconnect, with an arcade corner and hosted activities in a social lounge equipped with shuffleboard, billiards, a gourmet kitchen, and multiple television screens. Other community amenities include a resort-inspired pool and sundeck, a courtyard with fire pit, and plenty of coworking spaces. The James is pet friendly and offers residents an in-house dog-washing station.
The James is centrally located within Silicon Valley, just minutes from world-renowned universities and top employers. The property is well-connected to the greater Bay Area with a complete network of rail mass transit, including VTA light rail, Amtrak, Caltrain, and a future BART station across the street from the property. The James also offers onsite parking for tenants with a 251-space subterranean garage.
About Virtú Investments
Virtú Investments, headquartered in Larkspur, CA, is a multifamily real estate investment firm primarily engaged in the acquisition and management of apartment properties in the western United States. Since its founding in 1997, Virtú has acquired and operated 130+ properties, totaling more than 24,000 units and over $3.7BN in real estate. With more than two decades of focused multifamily investing, Virtú maintains a highly selective acquisitions practice and a fully integrated, in-house property management firm.