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Over a period of 50 years, their partnership, Peery Arrillaga, built over 20 million square feet of commercial real estate, becoming one of Silicon Valley's biggest commercial landlords. [10] [5] [9] In 2006, he sold over five million square feet of his real estate holdings for roughly $1.1 billion to the real estate division of Deutsche Bank.
San Jose is the county seat of Santa Clara County and the main component of the San Jose–Sunnyvale–Santa Clara Metropolitan Statistical Area, with an estimated population of around two million residents in 2018. [20] San Jose is notable for its innovation, cultural diversity, [21] affluence, [22] and sunny and mild Mediterranean climate. [23]
Because of rapid job growth and in-migration, housing costs in San Jose and the rest of the Bay Area rose faster than the national average in the 1980s and 1990s; between 1976 and 2001, San Jose's housing costs increased by 936%, the fastest growth in the nation over that time. The average 2003 home price in Santa Clara County was approximately ...
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Montgomery Street — named after T. S. Montgomery, a San Jose real estate developer, whose property, hotel and railroad interests are nearby. [20] Moorpark Avenue — named after the Moorpark apricot imported from England in 1854 by D. C. Vestal, once a major cash crop in Santa Clara County. [21]
The Bank of Italy Building is a 14-story, 77.72 m (255.0 ft) Renaissance Revival high-rise office building on the corner of South First Street and Santa Clara Street in downtown San Jose, California.
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