About

A Silicon Valley original. Built for the long term.

South Bay Development was founded in 1978 to build, own, and operate the commercial real estate that powers Silicon Valley. Four decades later, the strategy hasn't changed.

Development

Ground-up office, industrial, R&D, and mixed-use development on land assembled and entitled in-house.

Acquisition

Off-market and marketed transactions with quick decision-making, all-cash close capability, and long hold horizons.

Management

Hands-on asset management and tenant relationships built over decades in the Silicon Valley market.

Timeline

1978 to today — a Silicon Valley story.

  1. 1978
    Founded in Los Gatos

    South Bay opens its doors with a focus on Silicon Valley industrial and R&D development.

  2. 1985
    First office campus

    Delivers the first of many Class A office campuses in the emerging Golden Triangle.

  3. 1995
    Crosses 5M SF

    Surpasses 5 million square feet of developed product across San Jose, Santa Clara, and Sunnyvale.

  4. 2008
    Counter-cyclical capital

    Acquires through the downturn, positioning the portfolio for the next Silicon Valley expansion.

  5. 2018
    Industrial expansion

    Significant capital deployed into Fremont and Milpitas industrial and last-mile assets.

  6. Today
    35M+ SF and growing

    Active developer, acquirer, and long-term owner across every Silicon Valley submarket.

Who We Are

Decisions are made in-house, by principals.