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Sony Relocating Within San Jose

SAN JOSE-The consolidation into 164,000 sf on North First Street clears the way for its 620,000-sf Zanker Road campus to be redeveloped by the apartment division of the Irvine Co.

By Brian K. Miller | Updated on November 15, 2006

(To read more on the multifamily market, click here.)

SAN JOSE-Sony Electronics is relocating and consolidating its operations here into the former Infineon Building on North First Street, freeing up its Zanker Road campus for sale and redevelopment. The buyer is the apartment development division of Newport Beach, CA-based the Irvine Co., which is planning an 1,800-unit apartment community for the 38-acre North San Jose site, which currently holds 620,000 sf of buildings.

If the required rezone of the Sony site from industrial and residential goes smoothly, Irvine Co. says construction could begin as early as 2008. The Sony campus sits across Zanker Road from Irvine’s North Park apartment community, a 2,700-unit development that is 66% built out and well more than 90% occupied.

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