Measure V and Measure W in Redwood City Fail to Pass

Two controversial measures in Redwood City failed to get enough votes to become law. Measure V and Measure W, which would have required require two-thirds voter approval for development on Open Space lands (measure W) and on Cargill’s salt flats (Measure V) were struck down. Measure V was voted down by a margin of only about [...]

Prop 1A - High Speed Rail Measure Set to Pass

Video Rendering of San Jose Diridon Station
With 92% of the precincts reporting, Prop 1A looks set to pass with 52% voting Yes. The ballot measure, officially called the “Safe, Reliable High-Speed Passenger Train Bond Act” essentially authorizes the state to sell up to $10B worth of bonds to finance the construction of a high-speed train [...]

Electronic Arts and Motorola Announce Layoffs

The layoff trend continues as companies try to reign in costs and get in front of the economic “problem”. Small companies continue to cut staff, but the big ones this week were from Motorola and Electronic Arts. Motorola announced it will be laying off 3,000 employees and Electronic Arts 600. Electronic Arts maintains its headquarters [...]

Stanford Plans 1.5 Million Square Feet Expansion in Redwood City

As Stanford finishes building its outpatient center in Redwood City this year, it is looking forward to adding additional density at the site. The clinic is scheduled to be completed in the coming 2-3 quarters and Stanford is already working on plans to expand the site beyond the outpatient clinic.
Stanford’s future plans for the site include an addition [...]

Second Quarter Silicon Valley Office Space Leasing Activity

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 [...]