News - San Jose

  • Silicon Valley Office Portfolio Lands $195M

    On behalf of Preylock Real Estate Holdings, Meridian Capital Group arranged a seven-year floating-rate loan that features an initial five-year term followed by two, one-year extension options and full-term interest-only payments.

    08 November 2017 14:17
  • Vantage Adds 9MW to Santa Clara Campus

    The data center company will continue expanding its Santa Clara presence. In addition to the newly completed V6, another building is slated for completion in 2018, as well as a new campus.

    25 October 2017 20:46
  • New Homewood Suites Expands San Jose Portfolio

    Located in the heart of Silicon Valley, the 145-key hotel extends Hilton’s NorCal Homewood portfolio. The extended stay facility features a unit mix of studio, one- and two-bedroom apartments.

    20 October 2017 08:39
  • Digital Realty Extends Silicon Valley Footprint

    The company already has 99 MW available in Santa Clara, across 17 facilities. A new one will be added at 3205 Alfred St., with an estimated investment price of $75 million.

    09 October 2017 18:30
  • Carlyle Group Snags $85M for San Jose Campus

    The company has secured the five-year, floating-rate loan to refinance 4300 and 4400 North First St., two Class A office buildings situated in the Innovation Triangle submarket of Silicon Valley.

    05 September 2017 08:58
  • San Jose Office Building Trades for $50M

    Menlo Equities sold a 180,000-square-foot building in Milpitas, Calif., to Nazareth Enterprises. At the time of sale, the asset was fully leased to Johnson & Johnson Vision.

    09 August 2017 08:30
  • Renesas Electronics Inks 216 KSF Lease in Milpitas

    In one of Silicon Valley's largest transactions this year, the company agreed to expand its premises to include all of 915 Murphy Ranch Road at Murphy Crossing.

    08 August 2017 08:53
  • Tech Scene Stays Hot, Rent Growth Cools in San Jose

    Rent growth has been decelerating since it reached double-digit levels in 2015. As of May, the metro’s $2,675 average rent was more than double the national average of $1,316, according to Yardi Matrix.

    04 August 2017 09:05
  • InfiniPower Lands $54M for Upcoming Silicon Valley Marriott

    CBRE secured construction financing for the development of a 147-key Marriott Residence Inn and a 114-key Fairfield Inn & Suites in North San Jose. InfiniPower Hospitality plans to develop the property on a vacant 6.7-acre site purchased in 2006.

    28 July 2017 13:14
  • Panoche Valley Solar Project to be Downsized

    Through a settlement with California environmentalist groups, nearly half of the solar development's capacity will move to the Imperial Valley as a measure to protect the Panoche valley’s endangered species.  

    27 July 2017 18:46
  • Nazareth Snags $16M Silicon Valley Industrial Asset

    The two flex buildings total 180,000 square feet, making the company one of the single-largest landlords in Morgan Hill, Calif.

    24 July 2017 13:30
  • Adobe Unveils UT, CA Expansion

    The tech giant aims to add 5,000 employees and develop a fourth tower in San Jose, a second building in Lehi and lease two additional buildings in San Francisco.

    18 July 2017 16:19
  • Cohesity Relocating to San Jose

    The company leased nearly 40,000 square feet of office space at River Park Tower II in San Jose, Calif. Expected to move in the last quarter of the year, Cohesity will occupy the seventh and eighth floors of the building.

    17 July 2017 19:39
  • Dermody Snags Silicon Valley Class A Industrial Asset

    JLL is spearheading leasing efforts for the fully vacant 111,043-square-foot building developed by Panattoni in 2016. This is one of the few Class A industrial developments in the area.

    11 July 2017 09:54
  • Mammoth 1 MSF San Jose Office Project in Talks

    TMG-VOP Julian LLC, a joint venture between TMG Partners and Valley Oak Partners LLC, has submitted a preliminary review application to the City of San Jose for the development of three six-story buildings.

    27 June 2017 12:49