120-Acre, $3-Billion Market Park San Jose Welcomes Safeway as Retail Center Anchor SAN JOSE, Calif., July 30, 2018 /PRNewswire/ -- Safeway, which has served San Jose since 1926 and is now part of one of the largest food and drug retail chains in the U.S., will anchor a 100,000 sq. ft. retail center in the North Village of Market Park San Jose. Located immediately adjacent to the soon-to-open Berryessa BART station, when completed Market Park will be the largest transit-oriented development in Silicon Valley, consisting of nearly 4,000 residential units plus approximately 1,500,000 sq. ft. of … [Read more...]

In a bid to provide a hub for Agricultural Technology and state-of-the-art warehouse and distribution, Silicon Valley Global Partners is set to build its $50 million THRIVE Business Park in Salinas adjacent to the Salinas Municipal Airport. “Currently we have a 1 percent vacancy rate in Monterey County,” said Michael Bassetti, Cushman & Wakefield real estate director. “Momentum is growing, the economy is strong, and industrial space is in demand. The time is right to build it.” SVG Partners, in collaboration with the city of Salinas, Borelli Investment Company, and Swenson developers … [Read more...]