Some more good news for San Jose commercial leasing. It looks like Polycom may not only move their 50,000 sqft headquarters from Pleasanton to San Jose, but they will likely be doing some substantial hiring over here as they are taking 213,000 sqft space in the America Center (at the tail end of Great America Parkway near Alviso). This is a company that has increased their head count by a staggering 21% in the first half of this year. Clearly more jobs and tax dollars at this scale is going to be a huge win for the city.
To add to the good news, the second building at the America center is supposedly close to getting leased as well.
For more information click here (warning SJSV Business Journal subscription needed for full article).
I wonder if we will see more development at that site now. I'm pretty sure the original plans called for four buildings (they only ever built two). Look at Moffett Towers in Sunnyvale...that was pretty dormant for a year or so but now it's really taken off. Also, I'm almost positive there used to be a sign mentioning a hotel as I drove past on 237. With the 49ers coming (maybe :)) it might be a speculative play?
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