SAN JOSE-South Bay Development Corp. has found a dream tenant in Manhattan-based Rockefeller Group Development Corp. RGDC is master leasing all 100,841-sf in the six story building South Bay is developing at 560 Winchester Boulevard, and then subletting four floors to affiliate Rockefeller Center Business Centers and one floor to Cushman & Wakefield. The building, with 16,000-sf floor plates, is slated for completion next April.

The lease is the first space outside Manhattan for Rockefeller Center Business Centers, which will build out the space as executive offices and then sublet to small businesses and local outposts of larger businesses. Cushman & Wakefield will use its space as its new Silicon Valley brokerage office. Both said Thursday they are looking forward to an increased presence in Silicon Valley. If the set up works, Rockefeller Center Business Centers will likely follow RGDC into other markets in similar fashion.

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