"As of close of business Monday, the proponents had not filed the above-mentioned documents," said a letter signed by City of Santa Clara Clerk Bob O'Keefe. "The City Clerk/Elections Official has no discretion in accepting nor shall accept any late mandatory filings." Kertes' campaign, launched Sept. 16, failed to turn in paper work showing at least 2,055 unique signatures from the more than 10,000 registered voters in District 5 needed for a recall effort on a special election ballot.
The $210 million price is roughly half, or 47.7% below, the property's assessed value of $401.9 million. The new owners paid 31.2% less than the $305.1 million that the seller, Clarion Partners, paid for the site in 2015. The deal shows that even the presence of tech company Applied Materials as a tenant doesn't guarantee immunity from the economic maladies that have come to afflict the Bay Area office market.
The Campus at Scott, an office and tech complex in Santa Clara big enough to accommodate 1,800 to 2,300 workers, has been bought by an alliance of Bay Area real estate firm Ellis Partners and Boston-based hedge fund Baupost Group. We are thrilled to add these high-quality buildings to our growing portfolio of Silicon Valley office and research and development assets, said Kevin Bocci, an Ellis Partners senior vice president.
Ellore’s Wellness by Ellore program provides residents with personalized healthcare services, incorporating Medical Advisement, Concierge Medicine, and a focus on keeping seniors healthy and engaged.
The games will be hosted across the U.S., Mexico and Canada. Nearly all of the 11 U.S. host cities have spent or are planning to spend millions upgrading their stadiums and improving other infrastructure ahead of the games, but Santa Clara's Measure J from 20210 protects the city's general fund.