South Bay Realestate News – SAP Swells to 135,000

November 17th, 2011 05:00am

SAP Swells to 135,000 SF Following New Lease, Renewal in Palo Alto
SAP, a global leader in business software solutions, signed two separate ten-year agreements at The Stanford Research Park to expand its space to 135,000 square feet.The first deal was a renewal of approximately 92,700 square feet across three office buildings located at 3475 Deer Creek Rd. in Palo Alto. The second deal was for an additional office building of approximately 42,300 SF at 3450 Hillview Ave., also in Palo Alto.WSJ Properties…
Alex Palacio

San Jose Office Bldg Sells for $1M
A private party acquired 6000 Hellyer Ave. in San Jose, CA from Altera Real Estate for $1 million, or about $164 per square foot.The 6,093-square-foot office building was constructed in 2006 and is part of the Hellyer Commons building park. The buyer plans to open a pharmaceutical company in the near future.Robert Badagliacco of Sperry Van Ness – SV Advisors in San Jose represented seller. Mike Miller of Colliers International in San Jose…
Cat Henderson

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