Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SAN JOSE—A flurry of activity marked the beginning of the holiday season for Cupertino-based developer Hunter Properties. At a sale price of $275 million, Hunter Properties recently disposed of Phase I of Coleman Highline, a 1.75 million-square-foot mixed-use campus that will total eight office buildings, four amenity buildings, a hotel and retail space. Blackstone Real Estate Income Trust purchased Phase I of the project, comprising two office buildings totaling approximately 360,000 square feet that are fully leased to Roku for its world headquarters, an amenities building and a parking structure. Roku Inc. leased nearly 800,000 square feet of the project for its new corporate headquarters.

Also at Coleman Highline, Hunter Properties signed a construction contract for all of the tenant improvements for Verizon. The contract with Devcon Construction Inc. is anticipated to take 12 months and will allow Verizon to take possession of the property in the fourth quarter of 2021. The Verizon tech hub will support more than 3,000 employees and include a 2,250-square-foot welcome pavilion and more than 45,000 square feet of workplace amenities such as a fitness center, a cafe and a marketplace.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

More from this author


GlobeSt. Multifamily Fall 2022Event

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2022 ALM Global, LLC. All Rights Reserved.