San Jose
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Bay Area Office Report – Spring 2019
While growth in coworking spaces moderated in recent quarters, shared office space providers continue to eye the Bay Area, thanks to its vibrant startup scene.
31 July 2019 12:38 -
Longfellow Stretches Footprint With $205M Bay Area Buy
The investor's latest deal increases its holdings to 4.7 million square feet nationwide. KBS, the seller, continues its streak of high-octane dispositions.
29 July 2019 23:35 -
AXA Investment Managers Buys Into Trophy Oakland Office
AXA IM took the majority stake in 180 Grand, a 15-story tower in downtown Oakland, in a joint venture with the previous sole owner.
18 July 2019 09:30 -
Shorenstein Sells San Jose Office Campus for $128M
The company acquired the asset in 2015 and invested $30 million in a capital improvement program. The property was fully leased at the time of sale.
15 July 2019 10:34 -
Adobe Breaks Ground on Its North Tower in San Jose
The 18-story all-electric North Tower will be connected to the company’s existing campus by a pedestrian bridge extending over San Fernando Street.
27 June 2019 20:28 -
DivcoWest JV Sells San Jose Office Asset for $230M
Completed in 1989, the 350,000-square-foot Class A tower last changed hands in late 2015, when it traded for $165.5 million.
12 June 2019 09:08 -
Gemini Rosemont Buys Silicon Valley Campus for $171M
The firm acquired a four-building office park in Santa Clara, Calif., from The Sobrato Organization. The 386,707-square-foot property is 100 percent leased.
14 May 2019 09:46 -
Silicon Valley Development Lands $314M Loan
A Harvest Properties and Invesco Real Estate joint venture intends to develop Catalyst, a four-property, 587,942-square-foot office portfolio in Sunnyvale, Calif.
10 May 2019 11:57 -
PCCP Provides $103M Loan for Silicon Valley Office Project
Renault & Handley Mid-Peninsula Joint Venture is building 600 Clyde Ave., a 190,000-square-foot development in Mountain View, Calif., which will be occupied in its entirety by Google.
19 April 2019 13:01 -
Cohesity Expands Silicon Valley Footprint With New Lease
The data storage technology firm inked for more than 60,000 square feet at RiverPark Tower, in the heart of San Jose.
12 April 2019 13:49 -
Silicon Valley Hilton Hotel Sells for $59M
Somera Capital Management and Tyler Development Corp. picked up the 169-key property at The Pruneyard, a 27-acre mixed-use development in Campbell, Calif.
04 April 2019 10:48 -
Amazon Industrial Building in Bay Area Sells for $105M
CT Realty completed the development of the 1.2 million-square-foot industrial facility in 2018, as part of the first phase of the company’s NorCal Logistics Center.
28 March 2019 12:09 -
Mori Trust Buys Silicon Valley Office for $429M
The nearly 600,000-square-foot LEED Gold campus contains three buildings fully leased by Micron Technologies. The asset last changed hands in late 2017 for more than $225 million.
18 March 2019 14:27 -
San Jose R&D Property Lands $46M Bridge Loan
Working on behalf of Vertical Ventures, NorthMarq’s San Francisco office secured the financing for Hellyer Oaks, a two-building asset totaling nearly 350,000 square feet.
15 March 2019 11:04 -
NAI Northern California Grows San Jose Office
Tod Rudee, who has almost 30 years of real estate experience, will serve as vice president. He previously held executive positions at CBRE, Colliers International and Premier Properties.
14 March 2019 13:26