Mountain View Increases Density on County Land; Sale Will Be Attempted Again
December 17, 2009
The Mountain View City Council upped the density on a piece of land owned by the county to allow 50% FAR (floor-area ratio), up from 30%. The 3.6 acre parcel is located at 590 E Middlefield Road. The county had previously put the property up for bid, but bids came in too low for the [...]
Read More >>Trouble in North San Jose For Tishman Speyer
June 29, 2009
Tishman Speyer has defaulted on the loan it used to finance the purchase a 40 acre site from BEA Systems in 2007. Tishman paid about $60 psf ($108M) for the site in March of 2007, which BEA Systems then parlayed into the purchase of the office tower at 488 Almaden from Sobrato. Tishman had intended [...]
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