Mountain View market returning, says developer

Mountain View market returning, says developer.
Eyeing ever-strengthening demand for business space in Silicon Valley"s preferred northern submarkets, veteran Palo Alto commercial real estate developer Steve Dostart and his deep-pocketed institutional capital partner have acquired 15.6 freeway-front acres in eastern Mountain View. Dostart, who has focused on Mountain View and Palo Alto since founding his firm in 1999 just before the local office market last peaked, is taking advantage of the strong rebound in tech-tenant demand working its way from real estate 'ground zero' surrounding Stanford University. 'Once again it"s following the usual pattern, with Palo Alto now fully recovered and Mountain View getting there.' .


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