Samsung Semiconductor Expands San Jose Office Footprint

The company’s latest land purchase could bring hundreds of new workers to the North San Jose area.

Updated on Oct. 16, 2026 in Commercial

Bold flat-color editorial illustration in navy and cream, depicting a symbolic modular architectural mass representing suburban tech campus expansion. — Samsung Semiconductor expanded its North San Jose footprint by purchasing an office building for $29.5 million, totaling nearly 10 acres of land. AI Illustration. Upload story photo >

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Samsung Semiconductor has expanded its footprint in North San Jose by purchasing a 68,000-square-foot office building for $29.5 million. This cash acquisition follows a previous purchase earlier this year, adding to the company's regional campus holdings.

Why it matters

The back-to-back acquisitions in North San Jose provide Samsung with nearly 10 acres of land and over 138,000 square feet of space. These expansions suggest a significant increase in local operational capacity that could support hundreds of additional workers.

Public filings show the $29.5 million deal for 3775 North First Street marks a roughly 60% value increase since the property last traded in 2018. Combined with the February 2025 purchase of 3725 North First Street, Samsung now holds 9.8 acres of land in this commercial corridor.

The players

Samsung Semiconductor

A major global electronics and technology manufacturer that maintains a regional headquarters in San Jose.

SVP Management

A commercial real estate firm that previously held the office site at 3775 North First Street.

Apple

A global technology company that sold the building at 3725 North First Street to Samsung in February 2025.

The details

Samsung acquired the office site at 3775 North First Street through a direct cash transaction with seller SVP Management. By consolidating this 4.6-acre parcel with the adjacent 5.2-acre property acquired from Apple, the company has secured a contiguous footprint. The total combined space now covers 138,700 square feet, which market projections suggest could accommodate between 500 and 700 workers.

2018: SVP Management purchased 3775 North First Street.
February 2025: Samsung acquired 3725 North First Street.
October 15, 2026: Public filings record the purchase of 3775 North First.

The Home Front

This deal underscores the ongoing corporate land-acquisition trend in North San Jose, where technology firms are aggressively consolidating adjacent office footprints. These large-scale assembly deals often signal long-term shifts in regional workforce density and property zoning demand.

Homeowners in North San Jose should monitor local city planning announcements, as large-scale campus redevelopments often trigger infrastructure or zoning reviews. Residents should keep an eye on upcoming public notices regarding the North First Street corridor for potential changes in traffic.

The takeaway

The consolidation of these North San Jose sites signals a major expansion in local business operations. Residents should track city council agendas or planning commission filings for future development plans at these North First Street addresses.