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As Santa Clara Class A Vacancy Soars EOP Drops Prices at Mission Towers I

February 3, 2009

Tweet Santa Clara’s Mission Towers has just introduced some attractive pricing for its project in an attempt to find a tenant. After sitting on a mostly empty building in the face of a severe economic downturn, and facing a Santa Clara market whose Class A vacancy is set to double as a result of the […]

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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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Wilson Sonsini Goodrich & Rosati Cuts Lawyers and Staff

January 27, 2009

Tweet The iconic Palo Alto law firm of Wilson Sonsini Goodrich & Rosati has cut approximately 45 attorneys and 68 of its supporting staff. The 660 attorney firm made cuts representing about 6.5% of its attorneys, and about 9% of its staff. This cut comes on top of cuts Cooley Godward made last week (52 […]

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It’s Official: Yahoo! Vacating Mission College Campus

January 26, 2009

Tweet Yahoo! (YHOO: 35.81 -2.16%) is officially vacating it’s Mission College (2811-2821 Mission College) campus. They have listed the space for sublease even though there is only 1-year left on the sublease. The space is roughly 385,000 square feet and will be available on May 1. The buildings can be delivered furnished and have a […]

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Yahoo! Set To Introduce 385,000 SF of Vacancy to Santa Clara

January 23, 2009

Tweet Yahoo! (YHOO: 35.81 -2.16%) is reportedly getting ready to vacate a large chunk of Class A office space in Santa Clara, and we’ve heard its at its Mission College Campus located at 2811-2821 Mission College Blvd. The two buildings combine for a total of approximately 385,000 square feet. The effects of the layoffs Yahoo! […]

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Marketwatch Story on Oracle Building at 488 Almaden; Oracle Layoffs Announced

January 15, 2009

Tweet MarketWatch is featuring a story discussing the 380K square feet office building which it acquired through its 2007 acquisition of BEA Systems. The article discusses the tower’s past, and where the market is overall and the nature of the building relative to the campus-style environment prevalent in the valley. Not much new, but these […]

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Bill Halford of Bixby Land Company: Wait

January 8, 2009

Tweet There was a business journal article the other day discussing how tenants and buyers stand to gain from the slowdown in commercial real estate. The full article is here (although the article doesn’t really tell us anything interesting or new but I suppose it is something to write about in the absence of other […]

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Avaya Brings Online 140,000 Square Feet of R&D and Office Space For Sublease in Milpitas

December 11, 2008

Tweet Avaya has put up for sublease approximately 140,000 square feet of office and R&D space in Milpitas. The 140,000 square feet is spread across two buildings, is Plug N’ Play with furniture, and has an asking rent of $1.25 NNN. The sublease runs through March 2012. The buildings are directly across from Cisco’s 410,000 […]

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

December 10, 2008

Tweet Google (GOOG: 571.60 -2.69%) 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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If New York is a Leading Indicator…

December 10, 2008

Tweet New York is, if nothing else, a psychological benchmark and leading indicator for a lot of people when it comes to analyzing the state of the real estate market. TRD is reporting that prices are being slashed for trophy assets, and there is still trouble in finding buyers. According to the article in TRD, […]

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