Sunnyvale Office Deal Signals Market Recovery | San Jose News

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. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5759f2c80825043d