Big steps have been taken toward seeing that the Sunnyvale Town Center is at long last completed. On June 30, the Successor Agency for the former Redevelopment Agency of the city of Sunnyvale, adopted the 2016 Modified and Restated Amended Disposition and Development and Owner Participation Agreement for the Sunnyvale Town Center. The agreement defines Read More
After a lively discussion in the Sunnyvale City Council chambers, the city’s elders voted to acknowledge that the proposed development team comprised of J.P. Morgan, Sares Regis and Hunter Properties has met criteria outlined by the council related to development experience and financial capacity to acquire the troubled development. This decision effectively gives the Sunnyvale Read More
BAE Systems will move hundreds of workers to South San Jose after signing one of the largest leases there in years. The London-based international defense contractor has leased 161,718 square feet at 6331 and 6311 San Ignacio Ave., Megan Mitchell, a BAE communications official, told me on Monday. The bulk of the workers will move Read More
The San Jose-Silicon Valley region “is engaged in a war for talent” with competing metropolitan areas worldwide, San Jose Mayor Sam Liccardo said at a Silicon Valley Business Journal Economic Forecast event on Wednesday, a battle that “will very much determine the future of prosperity of our region for the next decade.” “Today the highly Read More
Looking to make a splash in Silicon Valley, Costa Mesa-based Donahue Schriber has paid $111 million for Village Oaks, the brand-new shopping center in south San Jose. The closely watched sale is one of the more significant retail transactions in recent years and shows the depth of demand for well-leased, Class A shopping center assets, Read More
Looking to make a splash in Silicon Valley, Costa Mesa-based Donahue Schriberhas paid $111 million for Village Oaks, the brand-new shopping center in south San Jose. The closely watched sale is one of the more significant retail transactions in recent years and shows the depth of demand for well-leased, Class A shopping center assets, experts Read More
See correction at end of article. San Jose is poised next week to greenlight the sale of 23 acres of land — part of the old FMC site near the San Jose airport — to developer Hunter/Storm LLC, paving the way for a speculative office project there, plus a 150-room hotel. The project is the Read More
Hunter/Storm LLC has helped create a ‘there’s there’ for Silicon Valley by placing amenities in close proximity to people’s homes and workplaces. The company is responsible for developing numerous large retail centers, office buildings and industrial sites throughout the valley. Its most notable San Jose project, however, is the new @First mixed-use development, home of Read More
Even for Hunter/Storm LLC, one of the Valley’s most prolific office and retail developers, the last 18 months have been busy. Led by partners Derek “Deke” Hunter Jr., Ed Storm and Curtis Leigh, Cupertino-based Hunter/Storm — the development arm of Hunter Properties Inc. — has notched a string of successes across a range of projects. Read More
Packed too tightly in its Los Altos headquarters, growing cloud-storage and collaboration company Box Inc. has struck a deal for a big new headquarters in downtown Redwood City — giving the city’s emerging central business district its biggest tech anchor yet. Box just signed a longterm lease for the entire 334,000 square feet at Crossing/900, Read More