The Commercial Operations of Woodmont Real Estate Services recently won a competition to manage the offices at Tower 55 in Downtown San Jose, located in the heart of downtown San Jose and one of the first Class A office towers built in the downtown area.
Owned by Denver-based data center REIT, CoreSite Realty, the iconic, 15-story tower is comprised of 100,000 square feet of data center facilities on the lower floors and 230,000 square feet of multi-tenanted office space in the rest of the building. Woodmont was retained to manage the office space and parking garage only, while CoreSite will continue to manage the data center facilities. Woodmont is responsible for managing the physical assets and aspects of the office space (janitorial, parking facilities, service vendors), while CoreSite will continue to handle all accounting, rent collections and related matters.
CoreSite’ has seven other data centers in the Bay Area for a total of eight operational data centers and an additional planned future development – known as SV9.