San Jose
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.
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.
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.
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.
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.
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.
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.
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.
Graymark Capital Buys Bay Area Office Building
The Class B asset completed in 1980 is fully leased to Apple and changed hands for more than $45 million.
JLL Names Silicon Valley VP
Nicole Zanghi is now part of the company’s agency leasing team. Previously, she was vice president of JLL Capital Markets for the Bay Area.