trending Market Intelligence /marketintelligence/en/news-insights/trending/5t-2ckte9xn4pvla-eyvpg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Report: Mountain View, Calif., mixed-use property sells for $170M

US Operators Bolster Downward Trajectory for US Cable Capex Forecast

Ad agencies struggle to survive second quarter of 2020

Video Supply-Side Platforms Hurt By Q2'20 Fall In Video Ads, Rebounding In 2021

AVIA: Building The Case For Satellite 5G

Report: Mountain View, Calif., mixed-use property sells for $170M

Developers Calvano Development Co. and Carlyle Group sold a 7.15-acre property that includes a building let to Alphabet's Google Inc. unit in Mountain View, Calif., for close to $170 million, according to the Silicon Valley Business Journal, which cited Santa Clara County public documents.

The building also has the potential to offer up to 303 new residential units.

A limited liability company affiliated with San Francisco-based Stockbridge Capital bought the property in the Terra Bella neighborhood, for a per-square-foot price of $1,525, when counting the office building alone.

Google is understood to have initially signed a lease for the newly completed four-story building, spanning 111,433 square feet at 1001 North Bayshore Blvd., in 2015. Under the agreement, the technology giant is expected to occupy the premises for 12 years, with extension options for up to 14 additional years.

On the land surrounding the Google-leased building, Calvano and Carlyle proposed to build two new seven-story residential buildings in 2017, one of which would offer 203 apartments, while the other would include 100 condominiums. The development, The Residences at Shoreline Gateway, will additionally offer a six-story parking structure, the publication noted, citing Santa Clara County city documents.

The duo has "gatekeeper approval" from the city of Mountain View, the publication noted, adding that it did not mean that the project is cleared for development.