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Google Cuts Temporary Staff; ValleyWag Estimates Up To 6,000

January 8, 2009

Tweet ValleyWag has written a post comparing Google’s (GOOG: 516.35 +1.03%) December SEC filing to a statement made by Sergey Brin in October. In the December filing, Google indicated it has only about 4,300 temporary workers compared to the 10,000 that Sergey Brin indicated they had in October. Whether the number is correct or not, […]

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Google Puts An Additional 128,000 Square Feet Up For Sublease In Mountain View

December 10, 2008

Tweet Google (GOOG: 516.35 +1.03%) has put on the market an additional 128,000 square feet for sublease in Mountain View. The 3-building campus is located at 2375 Garcia Avenue, 2350 Bayshore Highway, and 1500 Salado Drive. Unlike much of Google’s other real estate, and similar to 395 Page Mill Road (which Google put up for […]

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Silicon Valley Layoff Announcements

November 5, 2008

Tweet Another day….and another set of layoff announcements around the valley. The latest companies to announce layoffs are: LinkedIn – Mountain View, CA 10%, or 36 employees AMD – Sunnyvale, CA 3%, or 500 employees cuts to be global Cadence – San Jose, CA 12%, or 625 employees Intersil – San Jose, CA 9%, or […]

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Nokia in the Market with a 150K+ Square Foot Requirement

October 24, 2008

Tweet Nokia is in the market with a 150,000 square foot plus office space requirement. The requirement is in the Palo Alto, Mountain View, and Sunnyvale markets. Nokia currently leases approximately 130,000 square feet from Equity Office on Fairchild way on a lease that runs through June of 2009. The project was developed by Keenan-Lovewell […]

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Academia Expected to Partner with NASA For New Campus at Moffett Field

October 11, 2008

Tweet Back in 2000, an academic collaboration was formed with the intent of creating a large shared-use academic and R&D campus at the NASA Research Park at Moffett Field. Now eight years later, it seems the partnership is poised to reach its goal of building that campus and has proposed a plan encompassing affordable housing, […]

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Second Quarter Silicon Valley Commercial Sales Activity

July 29, 2008

Tweet Given the state of the capital markets, it is not surprising to see that the assets which traded hands during the second quarter are far smaller in size than those traded this time last year. A combination of softening rents, dimmer outlook, and a brutal capital markets environment all contributed to the low transaction […]

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Second Quarter Silicon Valley Office Space Leasing Activity

July 24, 2008

Tweet 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 […]

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Facebook Looking to Leave Downtown Palo Alto

June 23, 2008

Tweet Faced with low single digit vacancy rates, sky-high rental rates, and rapid growth, Facebook is looking to leave downtown Palo Alto. Kara Swisher, who also revealed Facebook’s revenue numbers, is reporting that Facebook’s migration will begin as soon as the first quarter of 2009. This isn’t new news at all since Facebook had been in […]

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Verisign Selling Headquarters in Mountain View

June 16, 2008

Tweet Verisign, Inc. (NASDAQ:VRSN) is in contract to sell approximately half of its 290,000 SF headquarters in Mountain View, California. They are under contract to sell 675 and 685 East Middlefield Road for approximately $49M ($308 psf). The two buildings constitute about 159,000 SF, which is a bit more than half of the entire headquarters […]

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Google Leases Land at NASA for Development of New High Tech Campus

June 4, 2008

Tweet It’s been rumoured in the past that Google was nibbling at taking down space at Jay Paul’s Moffet Towers Project. In what could be construed as less than favorable news for Moffett Towers, insofar as Google is concerned, NASA announced today that it has inked a deal with Google for 42 acres of land […]

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