SAN JOSE — A downtown San Jose constructing that was constructed greater than a century in the past to accommodate a furnishings retailer has been purchased by a veteran Bay Space actual property agency.
The Lion Constructing at 97 South Second St., subsequent to East San Fernando Avenue, has been purchased for $3.7 million, in line with paperwork filed on Sept. 4 with the Santa Clara County Recorder’s Workplace.
Inexperienced Valley Corp., which is led by actual property veteran Case Swenson, purchased the constructing, county information present. The Swenson agency and its associates have been energetic in Bay Space actual property for many years.
The vendor was Lion Constructing LLC, an affiliate whose executives embrace Martin Menne, who has ties to the members of the Swenson actual property funding, growth and building group.
The Lion Constructing was constructed in 1908 to accommodate the L. Lion & Sons Carpet & Furnishings Retailer. The furnishings retailer closed in 1967.
One of many well-known occupants within the constructing was the previous Gordon Biersch Brew Pub on the primary ground.
The Gordon Biersch pub left the downtown San Jose location in 2018 and now operates in Japantown, providing particular occasions akin to evening markets.
The constructing’s worth within the just-completed deal was 53% under the property’s worth of $7.8 million in January 2025 as calculated by the Santa Clara County Assessor’s Workplace.
