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.
Since 1978 South Bay Development Company has acquired, built, developed, and managed commercial property in Silicon Valley. From partnerships with institutional investors to our own accounts, we have expertise in all phases of the development process. Commercial property is our business and our passion.
Ground-up office, industrial, R&D, and mixed-use development on land assembled and entitled in-house.
Off-market and marketed transactions with quick decision-making, all-cash close capability, and long hold horizons.
Hands-on asset management and tenant relationships built over decades in the Silicon Valley market.
Decisions are made in-house, by principals.
Capital Partners (Debt & Equity)
Over four decades of commercial development in Silicon Valley, South Bay Development Company has cultivated trusted, long-standing relationships across institutional capital markets, joint-venture equity providers, and commercial lenders.
Institutional & Joint Venture Equity
We partner with premier institutional real estate funds, public pension funds, private equity partners, and family offices to execute value-add acquisitions, ground-up developments, and major campus repositionings.
- Joint Venture Equity Partnerships
- Discretionary & Co-Investment Capital
- Long-Horizon Asset Holding Structures
Commercial Banks & Life Insurance Lenders
Our established balance sheet and 100% completion track record provide direct access to favorable construction financing, permanent mortgage debt, and flexible credit facilities from top-tier commercial lenders.
- Construction & Development Loan Facilities
- Permanent Long-Term Fixed-Rate Debt
- Regional Commercial Banks & Life Companies
1978 to today — a Silicon Valley story.
- 1978Founded in Los Gatos
South Bay opens its doors with a focus on Silicon Valley industrial and R&D development.
- 1985First office campus
Delivers the first of many Class A office campuses in the emerging Golden Triangle.
- 1995Crosses 5M SF
Surpasses 5 million square feet of developed product across San Jose, Santa Clara, and Sunnyvale.
- 2008Counter-cyclical capital
Acquires through the downturn, positioning the portfolio for the next Silicon Valley expansion.
- 2018Industrial expansion
Significant capital deployed into Fremont and Milpitas industrial and last-mile assets.
- Today35M+ SF and growing
Active developer, acquirer, and long-term owner across every Silicon Valley submarket.
Powering Silicon Valley's industry leaders.
