Whatever your opinions of Mathilda Place, (the three building complex built by Mozart Development at the bottom of the Mathilda Avenue overpass) you can't help but notice them. They are the city's only concession to high-rise in our downtown area. My friends and fellow Realtors, Norma and Suzanne, grumble every time we drive by. They would prefer a consistent one or two story downtown.
I just heard that the buildings are for sale. This is prime office space, with great potential, now that the downtown is being redeveloped. Although they are only partially full, with tenants such as Seagate Technology, Impac Medical Systems and Broadcom, the buildings are estimated to be worth as much as $330 million. The location is ideal...near the Caltrain station, and right next to downtown, with its restaurants and shops.
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