Symantec Sells Cupertino Buildings to Walton Street

Cupertino-based Symantec (SYMC: 17.12 -0.93%) has finally closed on the sale of it’s 300,000 square foot building at 20300-20330 Stevens Creek in Cupertino.
We first announced the plan by Symantec to sell off its remaining Cupertino assets back in March of 2009.
The 20300-20330 buildings began being marketed during the summer and went into escrow with Mission [...]

Apple To Open 40 to 50 New Stores – More Than Half Internationally

Cupertino’s Apple Computer (AAPL: 224.12 -0.15%) announced that it intends on opening 40-50 new stores next year. More than half of them will be international. It also intends to open up some as more significant flagship stores in prominent locations in London, Shanghai, and Paris.
It also recently just opened a new store in Manhattan. That [...]

Apple’s $1B Data Center

Apple (AAPL: 224.12 -0.15%) is reportedly close to inking a deal in North Carolina to build a massive $1B data center. What’s interesting is that reports are putting economic tax incentives kicked in by North Carolina at a whopping $46M.
If this deal gets inked it would be interesting from two perspectives. First, it would really [...]

Steve Jobs Takes Medical Leave Until End of June

Steve Jobs, CEO of Cupertino-based Apple Computer (AAPL: 224.12 -0.15%) has discovered that his medical condition is worse than expected, and will be out on medical leave until the end of June. Steve Jobs has been instrumental in bringing Apple back from the brink and investors showed their concern driving the stock down more than [...]

Apple Building in Cupertino Catches Fire

The Apple building at 20605 Valley Green Drive in Cupertino, also known as “Valley Green 6″, caught fire on Tuesday night. It’s not yet clear how much damage the building sustained but it was a 3-alarm fire.

Apple Leases 60K SF Cupertino Landing Office Building; Blue Coat Sublease Next?

It’s been confirmed that the tenant taking Sand Hill Property companies 60K SF Cupertino Landing office development is Apple Computer. We first heard about the brewing deal early last month. The 3-Story, ~60,000 square foot building was the site of the former Any Mountain sportings goods store. The owners at the peak of the market [...]

Second Quarter Silicon Valley Office Space Leasing Activity

The list below represents the top lease transactions which occurred in Silicon Valley during the second quarter of 2008.

Tenant
Address
Submarket
Sq. Feet
Class

Blue Coat Systems
410-420 N Mary Avenue
Sunnyvale
       233,174
B

EMC Corporation
2350 W El Camino Real
Mountain View
       105,143
A

Symbol Technologies
6480 Via Del Oro
San Jose
       102,000
A

Philips Electronics
3860 N First St
San Jose
       101,582
B

Gunderson Dettmer
1200 Seaport Blvd
Redwood City
          98,022
A

Motorola
809 [...]

Cupertino Landing Lease in the Works

We’ve heard that a single tenant is taking down Cupertino Landing, the 3-story, 59,670 square foot office project developed by Sand Hill Property Company. Sand Hill acquired the 1.66 acre parcel back in 2005 and finished the building in the last quarter. The project which is located at 10495 N. De Anza Boulevard in Cupertino [...]