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  Fall 2007, Volume II
  To subscribe or unsubscribe, contact: econdev@cupertino.org
Whole Foods: 68,000 sf Now Open Transactions - Congrats Dealmakers

Whole Food Opening

Cupertino Mayor Kris Wang, with City Council members and Supervisor Kniss in the background, break bread at the Whole Foods grand opening.
  • De Anza Plaza at 1001 Stevens Creek Boulevard has sold to Four Corners. Cornish and Carey provided consulting services.
  • Business software and service provider Consona has leased 4,281 sf at Stevens Creek Boulevard. Patty Steele and Anne Ralston of Cornish and Carey represented the landlord, and Steve Clark of The Staubach Company represented the tenant.
  • Also credit Anne Ralston for bringing Technology Credit Union to 10051 S. De Anza Boulevard.
  • Curry House has signed a lease for Civic Park on DeAnza Boulevard. Todd Oliver of Terranomics, Tenny Tsai and Allison Koo of BT Commercial are credited with the deal.
  • Across the street, landlord Bob Allario has signed Regus, a provider of drop-in office space, at the Allario Center at 10297 S. De Anza Boulevard.
  • At the Metropolitan (19501 Stevens Creek Boulevard), Vu & Baotram Truong have signed a lease for Visique a high end designer optical store. John Machado inked the deal.
  • AverQ has leased 1,463 sf at 20065 Stevens Creek Boulevard. Robin Santiago and Derek Yep of Wayne Mascia represented the tenant, and Julie Mercik of Ritchie Commercial represented the landlord.
  • Investment firm Silver Lake Technology Management, represented by Howard Dellmar of Cornish & Carey, has leased 8,579 sf at 10080 N. Wolfe Rd. from Menlo Equities, represented by Maryanna McSwain, Erik Hallgrimson, and Brandon Bain of CPS.
  • Cupertino Square has new ownership. Three "out-parcels", including the Rose Bowl site, have been sold to the Evershine Group. Orbit Resources (a global investment firm) now holds primary ownership of the mall property.
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    Whole Foods

    		 Whole Foods opened their largest store west of Texas in Cupertino on August 22, 2007. From the culinary center, to the in-store bistro, this is no ordinary market.
    Whole Food Store Facts:
    * Coffee bar
    * 250 dining seats
    * Organic produce
    * 2,000 wine labels
    * Olive oil tasting
    * Media center
    * Garden center
    * Personal shoppers
    Featured Openings
    Strike Cupertino Strike Cupertino
    Strike Cupertino rolled out the red carpet on July 20.

    This 32-lane, luxury bowling alley joins AMC 16 as Cupertino Square’s newest anchors in the mall’s revitalization.

    		Cupertino Bakery Cupertino Bakery
    Owner Ram Gopal shows off a delectable array of desserts.

    Whether you’re looking for a special occasion cake, or South Indian cuisine, Cupertino Bakery has you covered at 10251 South De Anza Boulevard.
    More Notable Openings Retail News
  • Beard Papa's legendary gourmet cream puffs are now available in the South Bay at Cupertino's Market Place. Stop by on November 3rd for the grand opening celebration and sample this fresh and natural treat.
  • Also at Market Place, Sushi Tatsumi features a sushi bar and full menu of beautifully prepared food.
  • Arya Global Cuisine at 19930 Stevens Creek Boulevard offers an elegant atmosphere and dishes from Persia and Northern Italy.
  • At Zales at Cupertino Square, you can find rings, necklaces, pendants, cameos, earrings and bracelets in a wide variety of designs.
  • The Great Buffet is now open in the former Golden Apple space.
  • Southland Flavor Café is new to Cupertino Village.
  • Fragrance Land, serving vegetarian Chinese Food, is open at Stanley Square - 21670 Stevens Creek Boulevard.
  • San Jose Art Academy is open at 20051 Bollinger Road.
  • The Law Office of Borah & Shaffer is operating at 20111 Stevens Creek Boulevard.
  • VWEB Corporation -- a fabless semiconductor company has located at 18900 Stevens Creek Boulevard.
    		•

    Several new restaurants and stores are under construction including Marukai, Daiso, and KC Cafe at Market Place Center, Simply Thai at The Oaks, and Harvest Restaurant at the former Flames site on De Anza Boulevard. Harvest opened on November 1.

    Retail Reinvestment
    Several Cupertino businesses are undergoing significant improvements to refresh their successful stores, including Benihana and T.G.I. Fridays at Cupertino Square, and Marina Foods, who is adding a new and improved noodle bar within the store.

    Retail Opportunity
    Up to 25,200 sf of retail space is available at 19875 Stevens Creek Boulevard – current site of Furniture 2000. Call Cindy Chen at 408-921-2814. Furniture 2000 Site


    For all the latest data on available retail and office space in Cupertino, visit Silicon Valley Prospector.

    Cupertino Businesses In the News
    Verigy
    • Apple is reporting record revenues and has announced that Mac OS X "Leopard," will be available starting October 26 for $129.
    • Metzler North America Partners acquired a 52,438 sf “flex building” at 10381-10433 Bandley Drive for $15.4 million ($294 psf). The building is fully leased, and is home to the North American headquarters for Ducati Motorcycles. (Source: San Jose Business Journal)
    • The headquarters for Solidcore Systems, Inc. has moved to Cupertino at 20863 Stevens Creek Boulevard. Solidcore is a leading provider of change control software for critical systems. (Source: Marketwire)
    • Cupertino’s gBox has launched an online music service that allows bloggers to distribute wish lists to family and friends of their most sought-after songs. (Source: San Jose Mercury News )
    • The semiconductor test company Verigy reported a 3rd quarter profit more than double from last year at $30 million or 50 cents a share. (Source: San Jose Business Journal)
    • The third Quarter report from CB Richard Ellis shows a robust market in Cupertino. Office vacancy is at 2% with an average leasing rate of $3.40 for Class A space. R&D space has a vacancy rate of 2.6%.
    Featured Factoid
    Cupertino boasts several popular recreational amenities including Rancho San Antonio and Fremont Older open space preserves. Just how popular are they? The Midpeninsula Regional Open Space District has released results from a new survey that shows estimated attendance for the two facilities at over 700,000 annually. By itself, Rancho San Antonio averages 1,500 visitors a day. Rancho San Antonio
    Important Links
  • Cupertino Chamber of Commerce
  • City of Cupertino
  • Silicon Valley Prospector
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  • Nova - Workforce & Business Solutions
  • Development Activity Report
    •  To subscribe or unsubscribe, contact: econdev@cupertino.org
    		© 2007 City of Cupertino