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Transactions - JANUARY 12, 2021

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The Minkoff Group to develop office building in Sunnyvale, Calif.

by Released

The Minkoff Group, a Silicon Valley–based developer, has plans to construct 100 Altair, a 180,000-square-foot office building, in Sunnyvale, Calif.

Minkoff acquired the land in December 2020 and plans to commence construction later this month. Upon completion, the seven-story building will feature floor-to-ceiling windows, a landscaped roof deck, private balconies and a four-story subterranean garage. The project will be LEED Gold certified.

The site is located immediately adjacent to the Sunnyvale Caltrain Station and is located near major Silicon Valley thoroughfares, including El Camino Real and Bayshore Freeway. The submarket features a deep roster of technology tenants, including Apple, Amazon, Google, HP and Microsoft. Despite the impacts of COVID-19 and its resultant shutdowns, the Sunnyvale/Cupertino class A office submarket has continued to maintain its strong market fundamentals and is poised to continue its growth going forward.

The project received

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