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May 24, 2018
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31-Acre Silicon Valley Development Opportunity Hits the Market


Shops@Terra, a partially entitled 31.2-acre commercial development opportunity in North San Jose, has been put on the market. Located on North First St and Hwy 237 in the heart of Silicon Valley, the development site offers convenient access to Highways 101 and 880 and is located just two miles from Levi’s Stadium and five miles from Mineta San Jose International Airport.

The site is located in the development path of Silicon Valley’s Golden Triangle, surrounded by numerous new projects under development adjacent and across North First Street totaling approximately two million square feet of office, R&D and industrial space.

The Shops @ Terra is currently approved for and is anchored by a three-story, 71.5k sf TopGolf facility, a premier sports and entertainment venue with more than 40 locations worldwide. It features golf games from a three story driving range with hitting bays and lighted targets, fantastic upscale dining facilities, full bars, and live entertainment for families and guests of all ages. Top Golf has attracted over 12 million guests alone in 2016 and is ranked among the fastest growing new entertainment businesses in the country.

Additionally, the property is approved for a four-story, 200-room, 100k sf hotel and 110k sf of retail.

James Kaye, Jay Gomez, Lindsey Snider, Nick Whitstone and Lindsey Snider with CBRE, out of San Jose, make up the listing team for the project. An asking price was not given out.

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