Bank of Italy is key part of downtown San Jose plan

SAN JOSE — The Bank of Italy historic tower in downtown San Jose is slated for more than an eye-catching renovation: The iconic high rise could become an office, cultural, retail, and food hub under a revamp that a development alliance has proposed.

Global development powerhouse Westbank has teamed up with local developer Gary Dillabough to launch a wide-ranging and long-term venture that would usher in a dramatic makeover of downtown San Jose, and the Bank of Italy tower is one of the early efforts in the endeavor.

“The Bank of Italy is an amazing building,” said Andrew Jacobson, head of development for Westbank’s San Jose initiative. “The historic characteristics are unlike anything you will see.”

Street-level view of Bank of Italy office and retail tower, looking north along South First Street in downtown San Jose, with exterior staircase and entrance to Fountain Alley visible, concept. Bjarke Ingels Group / Westbank

A top-to-bottom, inside-and-outside renovation and rehabilitation of the historic tower at 12 S. First St. in San Jose is long overdue, Jacobson said. Now, the upgrade is ready to happen under the guidance of Westbank and Dillabough’s Urban Community company.

Detailed view of the exterior staircase in Bank of
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Real estate photographer robbed of camera equipment while driving in San Francisco

A Bay Area real estate photographer had around $7,000 in camera equipment stolen from his vehicle while he was driving Friday evening in San Francisco.

The brazen incident was all captured on video, thanks to a San Francisco man named Alex, who asked we don’t use his last name, who was behind the wheel of a Tesla Model 3 that recorded it all.

The victim, Ben, and his wife had just finished working at a property in San Francisco and were headed onto the Bay Bridge around 4:30 p.m. to capture the sunset behind the city from Treasure Island.

That’s when a black Honda pulled alongside Ben and his wife. In seconds, an unidentified man smashes the back window of his vehicle, quickly grabbing a dark colored bag before jumping back into a Honda and getting away.

Inside the dark colored bag was a camera, drone, camera lens, video gear, camera flash and some other accessories. In total, Ben says the equipment is valued at about $7,000.


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Tech firm rents offices in downtown San Jose complex

SAN JOSE — Vespaio, a prominent new mixed-use development in downtown San Jose, has landed a tech design firm as its first office tenant, offering a hopeful sign for the local commercial property market in a time of coronavirus-linked uncertainties.

Surfaceink, a pioneer in product design and engineering for consumer electronics and tech firms, has leased a large chunk of office space in the Vespaio complex on Stockton Avenue just around the corner from the Diridon train station.

“We’re really excited that we leased this second-floor space to Surfaceink,” said Mark Jones, a senior project manager with Hudson Cos., a veteran real estate firm that developed Vespaio. “Surfaceink is a really cool company.”

Surfaceink leased about 7,000 square feet, which represents roughly half of the second-floor space in Vespaio, according to Jones.

The rental deal by Surfaceink offers a welcome counterpoint to the dismal events ushered in by the coronavirus, including business shutdowns and merchant closures.

Vespaio is a seven-story development consisting of162 luxury apartments, along with commercial spaces on the ground, second, and third floors, according to Jones.

The ground-floor space totals 12,200 square feet, the second-floor space totals 15,400 square feet, and the third-floor space totals about 5,000

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DC Partners lands tenants in San Felipe project

DC Partners broke ground on 4411 San Felipe after securing leases for 60 percent of the building. SIBS International leased the sixth floor, totaling 26,033 square feet, for relocation of its corporate offices, while Advancial Federal Credit Union will open its first location inside Loop 610 in 4,000 square feet of retail space. DC Partners will relocate its headquarters to a full floor in the building, which contains 77,189 square feet of office space and 16,796 square feet of retail and restaurant space. GT Leach is the general contractor, Colliers International handles leasing and 3650 REIT provided financing.

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San Mateo Home Features Classic Design With Modern Amenities

San Mateo Home Features Classic Design With Modern Amenities

a garden in front of a building: 212 Eaton Rd Apt 32, San Mateo

212 Eaton Rd Apt 32, San Mateo

SAN MATEO, CA —This 1,609 square foot three-bedroom features vaulted ceilings, parquet wood floors and a limestone fireplace along with sprawling views of San Mateo. The dining room offers warm natural light, new windows, recessed lighting, and wallpaper and the updated kitchen features top-of-the-line appliances.

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  • Address: 212 Eaton Rd Apt 32, San Mateo, California
  • Price: $1,588,000
  • Square Feet: 1609
  • Bedrooms: 3
  • Bathrooms: 2 Baths
  • Built: 1928
  • Features: An exquisite penthouse, 212 Eaton Road #32 combines timeless charm with the best of modern design. The impressive entryway featuring a barrel ceiling and checkerboard wood floors opens onto a spacious and sunlit floorplan. At the heart of the penthouse is a magnificent living room with vaulted ceilings, parquet wood floors, a stunning limestone fireplace, and sprawling views of San Mateo. The gorgeous dining room accommodates entertaining with its warm natural light, new windows, recessed lighting, and wallpaper. The smartly updated kitchen boasts top-of-the-line appliances. An intimate family room, which has been entirely renovated, opens onto a private
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