MENLO PARK, CA-The 71-year-old artistic mecca known as the Allied Arts Complex could have been sold for at least $5 million. Instead, at least that much will be invested in its restoration.
SAN JOSE, CA-Although city council approved the proposed campus in Coyote Valley, nearby cities and area environmental groups are readying for a protracted fight over a project they say is poised to wreak havoc.
DUBLIN, CA-Oracle Corp. is beginning negotiations on a 12.1-acre parcel on the eastern edge of town. The Redwood Shores-based company has offered the Alameda County Surplus Authority $45.6 for the site, which once housed a county jail but is now being made into a business park.
REDWOOD CITY, CA-Corrigo, a locally-based provider of software tools to the online commercial real estate community, will use its software to assist Boston-based Brickwire in connecting owners and managers with tenants over the Internet.
REDWOOD CITY, CA-City officials here are seeking a developer for a $75 million downtown retail project across from City Hall. Officials envision a 20-screen, 4,500-seat movie theater, plus two anchor tenants on a site that now holds a variety of small shops and a former JC Penney clothing store.
HAYWARD, CA-Officials at the California State University here are working to raise funds for a new $20 million Business and Technology Center, which would help harness the school's position on Silicon Valley's northern edge.
SANTA CLARA, CA-The 160,000-sf Bayshore Duane Communication Park will be ready for tenant improvements next month. It is being built by Pelio & Assoc. and marketed by CPS, a locally-based boutique brokerage. The listing agent says it has more interest than space available, and expects signed leases in the next 30 days.
UNION CITY, CA-A space crunch and rising Silicon Valley rents assisted the biotech firm in making the choice to expand northward into relatively cheaper space. The company moved into their new 90,000-sf digs this week.
SAN JOSE, CA-As expected, City council members gave unanimous approval of the controversial Cisco Systems campus proposed for 688-acres in the traditionally agricultural North Coyote Valley industrial area. Appeals are expected from several organizations.
MOUNTAIN VIEW, CA-The San Jose-based real estate company bought the complex from Tishman-Heskin Partners. The square-footage is spread out in seven one-story buildings on 8.8 acres known as the Mountain View Technology Park.