South Bay Realestate News – No Telling What Will

January 24th, 2009 05:00am

No Telling What Will Happen with Nortel Space
The Silicon Valley (California) and Research Triangle Park (North Carolina) real estate communities will be keeping a close eye on Nortel Networks Corp.'s bankruptcy filing. The communications network firm leases or owns more than 1.25 million square…

Pinnacle Bank Buys Gilroy Office
Pinnacle Bank purchased the office building at 7597 Monterey St. in Gilroy, CA, for approximately $1.3 million, or $198 per square foot, from Custom One Inc.The 6,572-square-foot building delivered in 1956. Pinnacle Bank, a tenant at the property…

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