By Jon Peterson of The Registry SF. Read the full story here. Boston-based TA Associates Realty has paid $196 per square foot or $48.7 million to acquire the 248,835 square foot North First Corporate Center in San Jose, according to sources aware of the transaction. The property fronts North First Street in the active San Jose submarket. The buyer, which has a West Coast regional office in Newport Beach, did not respond to phone calls seeking comment for the story. The seller was a venture between Campbell-based South Bay Development Company and Los Angeles-based PCCP, who have owned … [Read more...]
Archives for 2014
The Melt Is the Latest to Join the Menu at Saich Way Station in Cupertino
The Melt — a fast-growing chain of gourmet grilled cheese eateries with 16 locations in Northern and Southern California — has leased 1,700 sq. ft. of space at Saich Way Station in Cupertino — a new $10.4 million, 15,600 sq. ft. retail center being developed by Borelli Investment Company. The new restaurant will have seating for 78 guests, both inside and on an outside patio. Based in San Francisco, The Melt offers a wide variety of grilled cheese sandwiches — ranging from a traditional version made with aged cheddar on artisan white bread to sandwiches with smoked bacon and macaroni or … [Read more...]
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