KPMG officially ramped up operations at its new home in Santa Clara Square last week. The office, at 2755 Augustine Drive, is part of Irvine Co.’s development of office, retail and residential space, ...

Still, the default for the Santa Clara office building is a reminder that pockets of weakness still haunt the Bay Area office market despite signs of improvement in regions such as the South Bay.

PCCP has defaulted on a $72 million loan secured by a six-story office building in Santa Clara. An affiliate of ... 152,300-square-foot building at 2390 Mission College Boulevard, the San Jose ...