Supporting Cupertino’s Green Building Program, Ralph Borelli and his development partners have won approval for 10900 North Tantau, a headquarters-class, single-tenant, 102,540 sq. ft. office building in the heart of Cupertino. Developed by Tantau Investments, LLC, acting as principals — including Ron Tate, Larry Wallerstein, John Salera, and Borelli – the two-story building embodies the principals’ long-standing commitment to environmental remediation and reuse of in-fill land, and has been designed to meet “green” standards for the structure’s core and shell under the U.S. Green Building Council’s LEED Silver guidelines

The 6.6 acre site is in centrally located in Vallco Industrial Park near the intersection of North Tantau Avenue and Homestead Road – adjacent to Apple and HP campuses and directly behind the new Kaiser Hospital. The highly desirable, difficult-to-enter Cupertino market offers easy access to major transportation arteries, services and housing. Plenty of parking will be provided – 500 spaces for a medical tenant, or 416 spaces for standard office uses. Borelli Investment Company and John Salera of Freestone Properties are jointly marketing the building.
More

Club Auto Sport — a unique condominium facility that combines safe, secure car storage with an exclusive club for automobile and motor sports enthusiasts as well as avid car collectors — held its groundbreaking at 521 Charcot Avenue in San Jose last fall. Several hundred collectors, motor sports fans, city officials, and other dignitaries attended the catered event planned by Borelli Investment Company in conjunction with the groundbreaking. The unique two-building, 120,000 square foot commercial

condominium complex offers 60 purpose-built units from 800 to 10,000 square feet — plus a 10,000 square foot showroom as well as banquet and hospitality area that’s ideal for hosting charitable and social events. Club Auto Sport members will be able to take part in many club events and activities, as well as enjoy access to time-saving services related to their cars. Completion of construction and occupancy is on schedule for late spring.   More

Even though 2007 proved to be more and more challenging as the year went on, Borelli Investment Company carefully and meticulously kept moving forward on deals that made sense, closing $175 million in syndicated transactions for the year. Borelli raised syndicated funding for four major projects:

• Aster Avenue Associates, a community of 80 affordable townhomes in Sunnyvale built by KB Home
• 10900 North Tantau, a single-tenant, two-story, 102,540 square foot building being built to “green” building standards in a rare Cupertino location

• Fontana, a mixed use hospitality/retail development on 4.5 acres, with a 115-room Hilton Garden Inn and future 7,500 square foot restaurant facility at I-10 and Sierra Way in Fontana, across the street from a new Kaiser medical facility.
• Club Auto Sport, Borelli’s much talked about car condominiums and club in North San Jose

The total value of the four deals, when completed, is projected at approximately $175 million — the most ever in a single year for Borelli.  More

What do you do when your company is experiencing unprecedented growth? You make certain you have the best executive management and guidance possible. That’s why Borelli hired Steve Peterson — whose career has taken him from a large NYC CPA firm with several clients well known on Wall Street to fast-rising Silicon Valley startups — as Chief Financial Officer (CFO).

Peterson’s career includes stints at Main Hurdman in New York, Capital Cities/ABC (eventually purchased by Disney), and book publisher, HarperCollins of San Francisco, a division of News Corporation. In 1996, Peterson co-launched an Internet startup that grew quickly before being acquired by a public telecom company (GST). Peterson, a CPA, resides with his family in Danville.  More