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Symantec Taking Down Whisman Campus

March 17, 2009

Tweet About two weeks ago we noted that Symantec had plans to sell off its Cupertino assets, and relocate to Mountain View. At the time it made a lot of sense to us that Symantec (SYMC: 25.33 -0.28%) would make this move, because it could also take advantage and lockup space at the adjacent (former) […]

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Cupertino Square Bankruptcy Update

February 3, 2009

Tweet Cupertino Square, which filed for bankruptcy on September 2, 2008, recently filed a joint plan for reorganization with the bankruptcy court. According to NetDockets, the terms of the reorganization which are being proposed by the mall’s owners, Cupertino Square LLC and Vallco International Shopping Center LLC are that a newly-formed entity would acquire the center […]

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Cupertino Approves Main Street Project

February 2, 2009

Tweet Sand Hill Property Company has secured city council approval for its Main Street project in Cupertino. Sand Hill went into contract on the vacant 17.4 acre property in 2007 for $65M ($85 psf) from Hewlett Packard, and closed the transaction in early 2008 through a debt and equity package provided by Principal Real Estate […]

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Steve Jobs Takes Medical Leave Until End of June

January 14, 2009

Tweet Steve Jobs, CEO of Cupertino-based Apple Computer (AAPL: 116.47 +0.14%) 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 […]

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Symantec Announces Layoffs; 5% Cut Expected

November 1, 2008

Tweet Symantec (SYMC: 25.33 -0.28%) is the latest Silicon Valley company to announce layoffs. The Cupertino based software company missed its 3rd quarter earnings and revenue numbers, set the expectation for lower numbers going forward, and announced its intention to scale back headcount expenses by 4.5%. We have heard that the actual cuts at Symantec […]

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Cupertino Mixed-Use Project to Go Before Planning Commission

October 14, 2008

Tweet Sand Hill Property’s 17.4 acre mixed-use project in Cupertino is slated to go before the planning commission for a preliminary review later this month. Sand Hill acquired the 17.4 acre parcel from Hewlett Packard earlier this year for roughly $65M ($85 psf) and is proposing a project which would include: 150,000 square feet of […]

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Cupertino Square Hires New Leasing Team to Help Save Itself

October 8, 2008

Tweet When Vallco Mall (former name of Cupertino Square) was acquired out of bankruptcy a few years ago, the developers intended on creating an ethnically themed shopping center. After some struggles, the group brought onboard an AMC Theatre, a Lucky Strikes Bowling Alley, and a few other anchor restaurant tenants (Alexander’s Steakhouse, Dynasty Chinese Restaurant) […]

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Snell & Co. and RREEF Purchase Cupertino Office Building From Symantec

August 21, 2008

Tweet Snell & Co. has acquired a +/- 90,000 square feet office building from Symantec, The three-story building is located at the corner of Torre Avenue and Rodrigues Ave in Cupertino. The building was delivered vacant. We heard about this sale a few months ago when Snell & Co. tied the site up and was on the […]

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Apple Building in Cupertino Catches Fire

August 13, 2008

Tweet 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.

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155,000 Square Feet of Class A Office Space Being Proposed in Cupertino

August 7, 2008

Tweet Embarcadero Capital will be going in front of the planning commission later this month to propose a new 155,000 square foot Class A office building in Cupertino. The project will feature three (3), 2-story office buildings alongside a 2-level parking garage. The project is located at McLellan and Bubb on Results Way. The project is […]

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