San Jose
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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 -
Newmark Secures $68M Financing for Silicon Valley Assets
The recent long-term financing for two office properties and a big-box retail center brings the firm’s debt transaction volume in these submarkets to $157 million in 2017.
15 June 2017 15:23 -
Downtown San Jose Revival: From Historic YMCA Building to Hotel
RSTP Investments LLC opened Hotel Clariana after two years of interior renovations and plans further expansion of the historic property. The owners kept the facade, but transformed the interior.
09 June 2017 14:20 -
San Jose Office Building Trades for $82M
The 155,000-square-foot facility changed ownership for the third time in two years. The previous owners acquired the property half a year ago.
22 May 2017 14:25 -
Venture Corp. Opens MOB in San Jose
The 16-unit development is offered for private ownership with full financing available and leasing. The city has the nation’s highest occupancy rate for this type of asset.
12 May 2017 06:35 -
Yardi Matrix: San Jose – Peak Market, Weak Appreciation
Silicon Valley remains the largest technology hub in the nation and the anchor of the Bay Area.
15 March 2017 10:35