Hines has chosen CBRE to market and lease its Edenvale Industrial Park in San Jose. Construction for the three-building, 635,883-square foot industrial park began on Tuesday, making it the largest ongoing industrial project in Silicon Valley. The expected completion date is June 2025.
CBRE’s Chip Sutherland and Brian Matteoni will be responsible for marketing and leasing this project. According to Matteoni, “Edenvale Industrial Park will provide much-needed inventory for occupiers in one of the western U.S.’s lowest industrial vacancy markets.” This new development is located at 550-650 Piercy Rd., just off Highway 101 in South San Jose’s Edenvale neighborhood known for its concentration of advanced manufacturing, medical technology, and nano technology companies.
Sam Cheikh, managing director at Hines states that “Edenvale Industrial Park meets the demand from advanced manufacturing and industrial users seeking top-quality Class-A space.” With these features combined with CBRE’s expertise as a leading commercial real estate services firm make this an ideal opportunity for businesses looking to expand or relocate their operations.
