The owner of a big San Jose office building near Santana Row remains optimistic about the property’s prospects despite a lack of tenants.
SAN JOSE — The owner of a big office building near San Jose’s iconic Santana Row remains optimistic about the property’s prospects despite still seeking the structure’s first tenants.
One Santana West totals 357,000 square feet and is one of Silicon Valley’s most modern office buildings now that it’s complete. The building is proximate to a pair of high-profile centers that are magnets for commerce and regional destinations: Santana Row and Westfield Valley Fair mall. “In terms of Santana West, we’re not there on anybody yet, but we remain as positive as we ever have with respect to the product,” Wood said.
“What we learned exiting the pandemic era is office location, newness, quality operators, they have all seen and, and should continue to see outsize demand,” Johnson said before asking his question. It appears that the tech sector is pushing hard for a major ramp-up for in-office work, said Jeff Berkes, chief operating officer at Federal Realty.
Traffic jams were a familiar sight in the Bay Area — at least until March 2020, when deserted roads became the norm due to the outbreak of the coronavirus and government-ordered business shutdowns to curb the spread of the deadly bug.
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