Tilden Properties and Bonney Watson Purchase San Jose's Foundry Commons for $110.3MM

The Registry Bay Area

Posted In — News & Press | In the News

Foundry Commons, a 238-unit apartment complex located at the heart of San Jose, recently sold to Walnut Creek, Calif.-based real estate firm Tilden Properties and Seattle-based Bonney Watson, a mortuary company, for $110.3 million, or $463,445 per unit, at the end of December 2018, according to Santa Clara County public documents. The transaction comes as tech and professional firms have continued to express interest in the area driving down unemployment in San Jose and demand for housing up.

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