Hunter Storm to add 293K sf office building to San Jose tech campus

Hunter Storm has received a go-ahead to build a 292,500-square-foot office building at its tech campus in North San Jose.

The Cupertino-based developer was approved by the city’s Planning Department to construct the five-story building, the final phase of a tech campus at 1155 North Coleman Avenue, the San Jose Mercury News reported.

The L-shaped building at Coleman and Aviation avenues will include a 12,000-square-foot building for tenant benefits. 

The U-shaped development, designed by San Francisco-based Gensler, features white buildings with vertical columns outside floor-to-ceiling windows. 

It will complete what’s known as the Coleman Highline campus, which will include 1.5 million square feet of offices and eight buildings that include two hotels, shops and restaurants plus 1,600 apartments west of Mineta San Jose International Airport.

Hunter Storm, the development arm of Hunter Properties, has secured a lease with Roku at the site. The streaming company moved its headquarters to the Coleman Highline complex, where it leased 730,000 square feet in five buildings.

The developer then landed Verizon Communications as a tenant in two other buildings at Coleman Highline, which it never occupied. TikTok owner Bytedance eventually subleased the offices, and recently began moving in.

Together, the buildings total 658,000 square feet, according to the Mercury News. Hunter Storm then found buyers for most of its Coleman Highline offices. 

In 2020, New York-based Blackstone Real Estate Advisors paid $275 million for two Roku-leased office buildings totaling a combined 357,100 square feet, a parking garage and a building to host tenant benefits.

In 2021, London-based AGC Equity Partners paid $775 million for the office buildings that TikTok now occupies.

— Dana Bartholomew