Thu04242014

Business & Real Estate

Cobblery makes short move next door: Longtime business relocating to State Street in May


Ellie Van Houtte/Town Crier
European Cobblery owner Paul Roth is relocating his business from 201 First St., above, to 385 State St. in May.

The European Cobblery, a family-owned and -operated shoe store, is relocating to a new home just a few months after a new lease kept it in Los Altos. As it turns out, however, it won’t be going very far.

Owner Paul Roth said he is moving his business next door to 385 State St., formerly the home of Jolie Madame nail salon, after calling 201 First St. home for nearly 30 years. He added that he’ll move the business into the new location in early May. Plans for the move came together shortly after he agreed to a new lease with property owner Passerelle Investment Co. in January. The new pact came just weeks after the longtime business announced its intention to close its Los Altos shop.

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Local realtor honored for volunteer efforts


Ellie Van Houtte/Town Crier
Coldwell Banker recently recognized realtor Kim Copher, right, for her philanthropic efforts. Copher and colleague Alan Russell, left, volunteer at Reach Potential Movement, where they collect books for its Bookshelf in Every Home project.

Coldwell Banker Residential Mortgage highlighted Los Altos realtor Kim Copher’s community volunteer efforts at its 2014 GenBlue Silicon Valley conference, held April 1 in San Jose.

Copher’s colleagues recognized her for philanthropic endeavors past and present, including the donation of cosmetics and toiletries to local domestic-violence shelters and mentoring Los Altos High School students through the Rotary Club of Los Altos’ Youth Leadership Award program. In addition, conference participants lauded Copher for her work with the Mountain View Police Department delivering Thanksgiving dinners to low-income families, among many other efforts.

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Out of the Box: Los Altos-based company files for IPO, seeks to raise $250 million


Town Crier
Los Altos cloud storage company Box Inc. realeased financial information about a planned public offering March 24. The company listed $169 million in losses last year, with revenue at $124 million. File Photo

The local face of cloud storage showed its hand last week, sharing financial information about its approach to online file management.

The Los Altos-based Box Inc., located at 4440 El Camino Real, published plans for an initial public offering March 24, detailing the opportunities and risks it faces in the race to dominate cloud sharing. The company is looking to raise up to $250 million, adding to the more than $400 million generated in earlier rounds of fundraising, which most recently valued the company at more than $2 billion.

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Chamber joins inaugural regional Business XPO


Town Crier
Los Altos Chamber of Commerce President Julie Rose opted to join the regional XPO effort to showcase local businesses to a larger audience. File photo

The Los Altos Chamber of Commerce threw a curveball when it comes to hosting its annual Business EXPO in 2014 – by not hosting a local one at all.

According to chamber President Julie Rose, the Los Altos organization is joining forces with other area chambers – including Mountain View, Palo Alto, Cupertino and Sunnyvale – to host the first regional Silicon Valley Chamber Business XPO.

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Main Street coffee bar emerges


Ellie Van Houtte/Town Crier
Owner Jeff Hampton opened Red Berry Coffee Bar last week after 18 months of renovation at its home on 145 Main St. The bar specializes in offering customers fair-trade coffee for espresso drinks.

For Jeff and Lisa Hampton, more than 18 months of anticipation finally came to an end last week.

The couple opened the doors to Red Berry Coffee Bar March 5 at the former home of Andiamo Salon at 145 Main St. The coffee bar’s debut comes after the couple – originally profiled in the June 2012 issue of the Town Crier – endured contractor problems and other delays as they worked to complete the 1,500-square-foot business. Lisa noted that she and her husband are pleased to know that those obstacles are now a thing of the past.

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