San Jose Home Depot Trades for $15M
Address: 635 West Capitol Expressway, San Jose, CA Seller: HDSJ, LLC Buyer: 1988 Fiore Living Trust RBA SF: 122,265 total Lot size: 11.43 AC (497,891 SF) Selling price: $$15,575,000 ($127.38/SF) Type: NNN Investment … Continue reading
Valley Mechanical Purchases San Jose Office Building
Address: 1180 Coleman Ave, San Jose, CA Seller: Joan Raznatovich Buyer: The Lighthouse Family Trust dba “Valley Mechanical” RBA SF: 10,1620 total Lot size: 0.47 AC (20,639 SF) Selling price: … Continue reading
Studley Predicts Silicon Valley Slump
By Robert Carr Massive high-tech demand may have caused California’s Silicon Valley, one of America’s top office markets, to get too far ahead of the game, headed for flat performance … Continue reading
Disconnect Between Business and Government Could Hurt Commercial Real Estate
By Michael Hironimus Jerry Brown took time out of his schedule to address the PCBC last Thursday in the midst of a budget debate at the state’s capitol. While addressing … Continue reading
Mountain View Office Lease
Details: Address: 779 E Evelyn Ave, Suite E, Mountain View Tenant: Matrixx Software Owner: Petri Estate Company Actual Price: $1.30 gross Bldg Type: Office Total Leased SF: 8,000 Terms: … Continue reading
Microsoft Leases 237,000 SF in Sunnyvale’s Moffett Towers
As we’ve reported in past articles, the tech industry is going crazy right now and soaking up massive amounts of available Class A office space in Silicon Valley. HP absorbed … Continue reading
Kidder Mathews Peninsula/San Mateo County Office Q1 Report
Market recovery continued to gain momentum from last year, with the San Mateo County office market finishing the first quarter with 353,017 square feet of net absorption. This marks the … Continue reading
Google To Expand with Large Office Development
Well Google is doing it again. According to several sources, the internet giant has agreed to pay the city of Mountain View approximately $30 million to lease a 9.5 acre … Continue reading