Machine Investment Group and Centurion Real Estate Partners have launched a full-scale sales effort for the 640 condominium units at 188 West Saint James in downtown San Jose, aiming to revitalize the two-tower property after years of financial and operational turmoil under its previous owner, Z&L Properties. Acquired in June 2025, the development is being repositioned with a multi-million dollar investment in upgrades to common areas and amenities, including redesigned lobbies and a new residents’ club with workspaces, lounges, pool, and fitness features. Targeting younger professionals and buyers seeking attainable urban homeownership, the new ownership group is marketing the high-rise community as a vibrant downtown alternative to suburban living, with early interest reportedly strong as rental tenants transition out to allow for full condominium sales.
