Bank Of America Expands Lease In San Jose Building

Bank of America will occupy most of Grosvenor Americas’ 560 South Winchester building in San Jose. The financial institution is consolidating its local offices into the Class-A building. The new lease, which totals over 60K SF, will begin Nov. 1. The company will occupy the first, third, fifth and sixth floors. The building is fully leased to Bank of America/Merrill Lynch Wealth Management, Trend Micro Inc. and Vectra Networks.

Bank of America has been consolidating offices around the country for the past two years.

“San Jose continues to be an important growth market for us,” Bank of America Silicon Valley Market President Raquel González said. “We are excited to expand our tenancy at 560 South Winchester and co-locate our business teams to better collaborate and serve clients, while ensuring responsible growth for our company.”

Cushman & Wakefield Executive Managing Director Erik Hallgrimson and Vice Chairman Steve Horton brokered the Bank of America lease on behalf of Grosvenor.

Grosvenor purchased the 99K SF building in 2013. The office has direct access to Interstate 280 and is near Santana Row and close to Interstate 880 and Highway 17.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's San Jose Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

Clarion Under Contract To Sell 18-Story Seaport Office Tower

Oil Company Expands Again At Cash Register Building

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner

D.C. Sues To Block HUD Headquarters Move To Virginia

Ken Griffin Completes Takeover Of Brickell Block, Setting Stage For $2.5B Megaproject

Private Equity Firm Buys Former Texas Instruments Campus For New Headquarters

DFW Office Footprints Likely To Shrink As AI Use Increases And Companies Battle For Talent

Boston Waterfront Property Planned For Hotel Project Put Up For Sale