East Palo Alto Expo Design Center Purchased, Demised Up, and Leased

Commercial Real Estate Investing, Notable Deals No Comments »

The Business Journal is reporting that Regency Centers has acquired the 92,000 square feet Expo Design Center building in East Palo Alto. It has also entered into a lease with Sports Authority for 50,000 square feet, and is rumored to have Nordstrom Rack on lock for the remaining 40,000 SF or so.

This deal finally brings some activity to the Expo Design Store since Home Depot shut it about two years ago.

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Second Quarter Silicon Valley Office Space Leasing Activity

Market Data, Notable Deals No Comments »

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 11th Avenue Sunnyvale           91,306 A
Apple 19925 Stevens Creek Blvd Cupertino           74,260 B
Lab 126 20450 Stevens Creek Blvd Cupertino           69,534 A
Akamai 3125 Clearview Way San Mateo           64,954 B
Goodwin Procter, LP 135 Commonwealth Dr Menlo Park           58,800 A
Efficient Frontier, Inc. 809 11th Avenue Sunnyvale           43,320 A
Silver Peak Systems 4500 Great America Pkwy Santa Clara           39,500 A
Emulex 2650 N 1st Street San Jose           31,388 B
King and Spalding 333 Twin Dolphin Dr Redwood City           27,773 A
Ropes & Gray 1900 University Ave East Palo Alto           24,050 A
Packet Design Management 2455 Augustine Drive Santa Clara           23,008 B
SiBeam 555 Mathilda Avenue Sunnyvale           22,810 B
TPL 20450 Stevens Creek Blvd Cupertino           21,638 A
On Live 181 Lytton Avenue Palo Alto           21,267 A
Map Pharmaceuticals 2400 Bayshore Parkway Mountain View           21,000 B
Aricent 700 Hansen Way Palo Alto           19,396 B
Arcadia Homes 900 E Hamilton Ave Campbell           16,348 A
Dolby Labs 3975 Freedom Circle Santa Clara           15,559 A
MobilyGen 2900 Lakeside Drive Santa Clara           13,644 B
EORM 4 N Second Street San Jose           13,151 B
Mintz Levin 3000 El Camino Real Palo Alto           12,800 A
GCA Law Partners 1881 Landings Dr Mountain View           12,183 B
Total    1,377,610  

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