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Sunnyvale Office Deal Signals Market Recovery | San Jose News
Description
A major tech office building in Sunnyvale just sold for $46 million — way below its official $70 million county valuation. Bosch Engineering, who’ve been leasing the 104,000-square-foot space since 2017, is the new tenant. This deal signals a potential rebound in the South Bay office market, which saw its strongest leasing activity in over a year during Q2, with 2.7 million square feet leased. The market may be turning a corner after a sluggish stretch.
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