HALF MOON BAY, CA-The area enjoys a tight hotel market and advance bookings are healthy, including one five-night stay by a company that will occupy 250 of the hotel's 261 rooms. Still, some industry insiders consider the resort a serious gamble.
SAN JOSE-The Association of Silicon Valley Brokers honored Mark Ritchie this week with the Mike Murphy Award, given each year to an ASVB member who makes extraordinary contributions to the organization and the South Bay community.
REDWOOD CITY, CA-The company's clients include Post Properties, Canadian Apartment Properties REIT and A.G. Spanos Company. Rentals Inc.'s competitors include SpringStreet and Apartments.com on the marketing side and, to some extent, Yardi and AMSI on the administrative side.
SAN JOSE-Senior executives from both firms did not return phone calls seeking comment, but local real estate sources say the talks were apparently called off because there were too many internal hurdles to overcome.
REDWOOD CITY, CA-The newly available space consists of a three-story, 93,000-sf building and a five-story, 157,000-sf building, both built out to Excite@Home's specifications.
PALO ALTO, CA-The computer maker is buying a 41,000-sf building that houses the company's lab facility. Compaq has leased the building since 1998, when it merged with Digital Equipment Corporation, the space's occupant since 1990.
GILROY, CA-The overture by Gilroy's Mayor to Calpine comes on the heels of San Jose's rejection last fall of a Calpine's proposal for a new plant near Cisco's planned 20,000-worker headquarters campus in North Coyote Valley.
SAN JOSE-Facing an expiring lease for its undersized quarters in Cupertino and a proposal for a four-fold increase in its rent from the building owner, the maker of design verification software opts for a new location.
PALO ALTO, CA-A year ago, there were1200 new companies that had an average of $13 million to 14 million in invested capital. With that kind of action, vacancy was no more than 3% from South San Francisco all the way down the Valley. Then the bubble burst.
SAN JOSE-Yahoo! will use its space in 1302 and 1350 Mathilda Ave. for software engineering. Juniper Networks will use its space in 1220 Mathilda Ave. to support its advanced engineering and software development.