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Valley Title Property
 
San Jose, California: Valley Title is located in the emerging SoFA (South First Street) district and represents one of the largest developable parcels in the downtown area. SoFA is home to the recently renovated California Theatre and the new 360 Residences Project by Mesa Development. The site is approximately 2.18 acres and has the potential for 750 residential units and commercial uses. We anticipate beginning the entitlement process no later than October 2007 and completing them in 12-15 months.