Google agreed to rent a former shopping mall in Mountain View, in the largest Silicon Valley lease deal of the year, according to the property’s owners. The former mall is being renovated into an office complex, with completion scheduled for next year, real estate investment firm Rockwood Capital LLC said today in a statement. Once the renovation is completed, the campus will have more than 500,000 square feet of office space on 27.6 acres. Read the full story at the Silicon Valley Business Journal site. … [Read more...]

Five years ago, the neighborhood retail center on Saich Way at Stevens Creek Boulevard in the heart of Cupertino had a fire that destroyed most of the businesses located there.  Now, developer Borelli Investment Company and contractor SiliconX Construction have received approval from the Cupertino City Council to rebuild and expand the center to 15,500 square feet of retail space.  Construction is expected to begin in the 1st quarter of 2014, with completion expected by October 2014. Surrounded by some of the largest and most successful employers in Silicon Valley and situated across Saich … [Read more...]

Borelli Investment Company has been retained to run point on property management at this Golden Triangle office building. Epoch Realty Capital has made its third Silicon Valley deal in less than a year, picking up a 123,000-square-foot office building in Silicon Valley's Golden Triangle. Epoch will embark on a multimillion-dollar renovation, including a complete re-do of the entry and lobby area "to bring a current, high-tech feel," Love said. Borelli Investment Co. has been retained to run point on property management. Read the full story in the Silicon Valley Business Journal … [Read more...]

Southern California powerhouse Matt Construction Corp. has been selected as general contractor to build the first phase of the $300 million Nvidia Corp. campus in Santa Clara. The company displaces Webcor, which had been announced in February as the general contractor for the first 500,000 square feet of a one million square-foot development. Nvidia proposes a two-building campus of matching triangles characterized most obviously by their massive expanse: 250,000 contiguous square feet on each of four floors. It is slated to accommodate 2,500 workers on 25 acres the company acquired in … [Read more...]

World citizen Uday Dandavate is one chief executive whose company won’t occupy a campus and who would never advise anyone else to build one. Trained in industrial design at the Ohio State University with a focus on learning methods and tools from psychology, anthropology and communications theory, Dandavate advises corporate America. His clients include Samsung, Microsoft, Motorola, Intel, Honda, Hewlett-Packard, Johnson Controls, Kodak and Pepsi. SonicRim, his company, helps companies see how workers and customers experience their culture and products. “Whenever our customers want to add … [Read more...]

San Jose and San Francisco are among the top-10 jobs-producing metropolitan areas in the country today based on their employment growth rates over the last 12 months, the brokerage finds. Together with the Oakland metropolitan area, the region is growing on the order of 100,000 jobs a year and should maintain that pace for the next several years, Hessam Nadji, Marcus’ managing director of Research and Advisory Services, said. Read the full story at The Registry.       … [Read more...]