Thursday, May 2, 2013

Trammell Crow JV Acquires Large Silicon Valley Development Parcel




National Commercial Real Estate News From CoStar Group





Trammell Crow JV Acquires Large Silicon Valley Development Parcel



In more evidence of the heated Silicon Valley CRE market -- and the shrinking supply of available land for development -- Trammell Crow Co. and joint venture partner Principal Real Estate Investors have purchased 57 acres from Cisco Systems, Inc. near the tech company's existing campus in North San Jose, CA.

Finding such a large block of available land for development is rare in supply constrained Silicon Valley, and the site near Highway 237...






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