Key Takeaways
- • Anatomage, a Santa Clara-based 3D anatomy visualization technology company, acquired a 27.8 million dollar office and research building at 3750 Zanker Road in North San Jose through an affiliate led by CEO Jack Choi, per Santa Clara County Recorder filings dated February 27, 2026.
- • The property was previously held by an affiliate of South Bay Development, which purchased it as part of a $63 million portfolio acquisition from Cisco Systems in December 2025, indicating continued tech sector real estate repositioning in the South Bay.
- • Anatomage's acquisition reflects ongoing Bay Area tech industry expansion despite significant sectoral headwinds, including 137,200 job eliminations across the region from 2023 through 2025 (27,300 in 2025 alone, per Beacon Economics data).
- • The deal represents institutional capital redeployment into specialized tech infrastructure, with buyer Jack Choi operating the acquisition vehicle from Anatomage's existing headquarters address, signaling operational integration and vertical consolidation of real estate and core business functions.
Summary
An affiliate of Anatomage, a Santa Clara-based technology company specializing in advanced 3D visualization of human anatomy, has acquired a significant office and research building in North San Jose for $27.8 million. The transaction, documented with the Santa Clara County Recorder's Office on February 27, 2026, involved the property at 3750 Zanker Road. Jack Choi, Anatomage's chief executive officer, serves as the manager or member of the acquiring affiliate, which is based at the same location as Anatomage's corporate headquarters.
The property previously traded hands within the South Bay development and Cisco Systems ecosystem. An affiliate of South Bay Development held the asset after acquiring it in December 2025 as part of a larger $63 million portfolio purchase from Cisco Systems. The sequential transfers underscore the current real estate repositioning occurring throughout the region's technology sector, as established firms divest holdings and specialized tech companies acquire operational and research infrastructure.
Anatomage develops proprietary technologies for "digitizing real human bodies into interactive, fully functional 3D cadavers," positioning its software as an advanced visualization platform for medical education, research, and anatomical analysis. The acquisition of dedicated office and research space aligns with the company's technological focus and growth trajectory.
The transaction occurs within a broader context of Bay Area tech sector consolidation and restructuring. According to Beacon Economics analysis of official state data, the region's technology industry eliminated 137,200 jobs between 2023 and 2025, including 27,300 positions in 2025 alone. Despite this significant headwind, specialized technology firms and growth-stage companies continue to identify acquisition opportunities in North San Jose's competitive real estate market, suggesting selective capital deployment and market confidence in niche technology segments.
The property previously traded hands within the South Bay development and Cisco Systems ecosystem. An affiliate of South Bay Development held the asset after acquiring it in December 2025 as part of a larger $63 million portfolio purchase from Cisco Systems. The sequential transfers underscore the current real estate repositioning occurring throughout the region's technology sector, as established firms divest holdings and specialized tech companies acquire operational and research infrastructure.
Anatomage develops proprietary technologies for "digitizing real human bodies into interactive, fully functional 3D cadavers," positioning its software as an advanced visualization platform for medical education, research, and anatomical analysis. The acquisition of dedicated office and research space aligns with the company's technological focus and growth trajectory.
The transaction occurs within a broader context of Bay Area tech sector consolidation and restructuring. According to Beacon Economics analysis of official state data, the region's technology industry eliminated 137,200 jobs between 2023 and 2025, including 27,300 positions in 2025 alone. Despite this significant headwind, specialized technology firms and growth-stage companies continue to identify acquisition opportunities in North San Jose's competitive real estate market, suggesting selective capital deployment and market confidence in niche technology segments.
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