SUNNYVALE — A low-slung building where hundreds of homes could sprout in Sunnyvale in the middle of one of that city’s tech hubs has been bought by a developer of affordable housing.
Mid-Pen Housing, an affordable housing developer that traces its roots to Stanford University and Silicon Valley entrepreneurs, has bought a site near offices of major tech companies, as well as some smaller players.
Acting through affiliate MP Land Holdings, Mid-Pen Housing has purchased a 1.3-acre site at 1171 Sonora Ct. near Lawrence Expressway and the Lawrence Caltrain Station on San Zeno Way, according to property records filed in Santa Clara County.
Mid-Pen Housing paid $12.5 million for the
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