San Jose office tower scouts for multiple tenants for first time

SAN JOSE — The real estate team behind a downtown San Jose office tower has decided to scout for multiple tenants for the first time, a strategy shift that could help bring more workers to the city’s urban core.

Jay Paul Co. and its marketing team from commercial real estate firm Newmark have switched gears in their efforts to land tenants for the tower at 200 Park Ave.

Newmark executives Phil Mahoney and Mike Saign and real estate firm Jay Paul Co. had initially sought a single tenant, or possibly two tenants at most, to fill the building at the corner of Park Avenue and South Almaden Boulevard.

“We will look at one- to two-floor tenants at 200 Park,” said Mahoney, an executive vice chairman with Newmark…

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