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FinanceHospitalityINDUSTRY news

T2 Hospitality Secures $105MM Loan to Refinance 350-Key Sunnyvale Marriott Campus

EOS Hospitality Credit Partners’ second-ever loan replaces the construction-era bridge debt behind T2 Hospitality’s award-winning Sunnyvale hotel campus, betting on Moffett Park’s tech-driven...

commercial real estate asset
CommercialFeaturedFinanceINDUSTRY newsLeasing

Silicon Valley Office Leasing Roars Back to Post-Pandemic High as Class A Space Tightens

Silicon Valley office leasing has surged to its strongest level since 2019 as AI-driven tenants chase scarce Class A space, brokers say.

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CommercialFinanceINDUSTRY newsLeasing

Amazon’s 317,000 SQFT Moffett Towers Lease Steadies Jay Paul’s $770MM Sunnyvale Loan After Google Exit

Amazon’s commitment to fully occupy one of the three towers securing Jay Paul Company’s $770 million Moffett Towers mortgage removes the single largest...

Amazon logo
CommercialINDUSTRY newsLeasing

Amazon Leases Entire 317,000 SQFT Moffett Towers Building in Sunnyvale, Backfilling a Google Exit

Amazon has committed to the full 317,000-square-foot tower at 1000 Enterprise Way in Jay Paul Co.’s Moffett Towers campus, absorbing space Google spent...

1215 Bordeaux Drive in Sunnyvale rendering
AECINDUSTRY newsResidential

Beam Reach Clinches Entitlements for 265-Unit Apartment Tower at 1215 Bordeaux Drive in Sunnyvale

Texas-based Beam Reach has won final approval for an eight-story, 265-unit apartment complex at 1215 Bordeaux Drive in Sunnyvale, converting a low-slung Moffett...

Photo of Sunnyvale
AECINDUSTRY newsResidential

Beam Reach Wins Approval for 265-Unit Apartment Tower Replacing Former Google Office in Sunnyvale’s Moffett Park

Dallas-based Beam Reach has cleared a key hurdle in its plan to convert a vacated Google research-and-development building in Sunnyvale into housing, securing...

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AECCommercialFeaturedFinanceINDUSTRY newsLeasing

AI Capital Pulls Silicon Valley Office Market Off the Floor as Nvidia, Apple Spend Billions and Vacancy Drops to 15.3%

A surge of artificial-intelligence venture capital is reviving Silicon Valley’s battered office market, with Nvidia and Apple spending billions on acquisitions and South...

Silicon Valley
CommercialFinanceINDUSTRY newsLeasing

Morningstar Flags $505MM Loan on Meta’s 701,000-SQFT Moffett Towers II Campus in Sunnyvale as Layoffs Mount

Credit analysts have placed the $505 million loan backing Moffett Towers II Buildings 3 and 4 in Sunnyvale under watch after Meta Platforms,...

data center servers
FinanceIndustrialINDUSTRY news

Brookfield Lands Sunnyvale Equinix Data Center for $90.3MM, Pays 81% Premium to 2017 Basis

New York-based investor extends its Silicon Valley data center buying spree as AI-driven demand keeps power-constrained inventory at a premium. A New York...

Aerial view of Silicon Valley in California
AECCommercialFeaturedINDUSTRY newsResidential

Silicon Valley’s Three Power Cities Are Betting Big on AI, Fee Relief, and a Tripled Power Grid

At a CREW Silicon Valley luncheon, deputy city managers from Santa Clara, San Jose, and Sunnyvale laid out an aggressive playbook: defer fees,...

Aerial view of downtown Mountain View in California
CommercialFinanceINDUSTRY news

BXP Lists for Sale 144,700 SQFT Mountain View Office Building as Value-Add Play Along El Camino Real

The 51 percent-leased property at 2440 W El Camino Real offers lease-up upside and below-market rents as Silicon Valley’s office recovery gains traction...

Rendering of apartment building design
AECINDUSTRY newsResidential

Sunnyvale Planning Commission Reviews Beamreach’s 265-Unit Residential Project in Moffett Park

The project at 1215 Bordeaux Drive would demolish a 1973 office building and deliver housing, a neighborhood park and 40 affordable units to...

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