By George Avalos
Publication Date: 2025-12-23 13:30:00
SAN JOSE — Cisco Systems has sold several San Jose office buildings to a big Bay Area real estate firm — and also has struck a deal that could enable the tech titan to buy some of the buildings back from the buyer.
The computer networking giant sold the buildings for $63 million to South Bay Development, a veteran real estate firm, according to documents filed on Dec. 19 with the Santa Clara County Recorder’s Office.
Cisco Systems sold four north San Jose office buildings with addresses of 260, 300, and 350 East Tasman Drive, and 3750 Zanker Road, as well as two parking garages in the vicinity, the county documents show.
South Bay Development, acting through an affiliate, bought the buildings through an all-cash deal, according to the real estate documents.
The buildings are part of Cisco’s headquarters campus in north San Jose.
The just-sold buildings are the same office sites that Cisco decided to exit in 2024 when it shifted several of its units to an office building in…
