MADRONE VILLAGE SHOPPING CENTER OPENING

Toeniskoetter & Breeding Inc. Development (TBI Development) will open the first phase of the 80,000-square-foot Madrone Village Shopping Center, President Brad Krouskup announced. The four initial businesses there will be South Valley National Bank, Peet’s Coffee & Tea, FedEx Kinko’s and Chipotle Mexican Grill. Together the four will occupy more than half the space in the four-building, 28,000-square-foot first phase.

TOENISKOETTER NAMED CHAIRMAN OF SAN JOSE WATER COMPANY PARENT

Charles J. (Chuck) Toeniskoetter, co-founder and Chairman of Toeniskoetter & Breeding, Inc. Development, has been named Chairman of the Board of Directors of SJW Corp. and its subsidiaries. He replaces Drew Gibson, who retired from the Board.

          “Water is vital to modern infrastructure and one of the world’s most pressing issues,” Toeniskoetter said. “San Jose and Silicon Valley are fortunate to be served by a company whose rich tradition rests on the principles of balanced corporate governance, strong leadership and sustainable growth. I am committed to these principles and eager to guide the Board in providing the direction and counsel to shape the future growth and profitability of SJW.”
          W. Richard Roth, President and Chief Executive Officer, said, “Chuck is the personification of the integrity, success and professionalism that all stakeholders have come to expect from SJW. I look forward to working closely with him.”
          SJW Corp. is a NYSE-listed company whose subsidiaries include San Jose Water Company, Canyon Lake Water Service Company in Texas and SJW Land Company, which owns properties in California, Florida, Connecticut, Texas, Arizona and Tennessee.  The company provides water service for more than a million people in San Jose and other Santa Clara County communities.  
          Toeniskoetter also is an owner of Lake Alpine Water Co., which provides water to the village and resort at Bear Valley in the High Sierra. He is executive member of a partnership that owns the ski resort and residential and commercial properties at Bear Valley, with plans under way for significant improvements.
          Toeniskoetter also serves on the board of two other publicly traded companies, Redwood Trust, Inc., a NYSE-listed REIT, and Heritage Commerce Corp., the holding company for San Jose-based Heritage Bank of Commerce, NASDAQ.
          Founded in 1983, Toeniskoetter & Breeding, Inc. Development has developed some 3 million square feet of buildings and serves as managing general partner for a number of diversified real estate properties throughout Santa Clara and Santa Cruz counties. The company currently pursues selective third-party property management, acquisitions and new developments.