Rising Rents Push Manufacturer to Buy in Silicon Valley

By Sharon Simonson Skyrocketing rental rates in its Sunnyvale hometown drove biomedical device-maker Zoll Medical Corp. to search for alternate digs and ultimately to buy a manufacturing building in San Jose, its president said. Massachusetts-based Zoll faced rents in the Sunnyvale neighborhood near 650 Almanor Ave. in the “mid-2.50 per foot” range, James Palazzolo said. […]