UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) January 16,
2009
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SJW Corp.
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(Exact name of registrant as specified in its charter)
California 1-8966 77-0066628
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
110 W. Taylor Street, San Jose, California 95110
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(Address of principal executive offices) (Zip Code)
(408) 279-7800
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Registrant's telephone number, including area code
Not Applicable
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under
the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
SJW Land Company, SJW Corp.'s wholly owned subsidiary, was
informed that one of its tenants filed a Chapter 11 bankruptcy
on January 13, 2009 and intends to liquidate its operations
through the United States Bankruptcy Court in Delaware. Such
tenant currently leases a 148,000 square foot office building
and a 346,000 square foot distribution building from SJW Land
Company in Knoxville, Tennessee under triple net leases which
have been paid through January 2009. Pursuant to applicable
bankruptcy laws and bankruptcy court rules, the tenant will have
a limited period of time to decide whether it will terminate its
office and distribution leases or sell its rights under the
leases. During the first three quarters of 2008, the net rent
income contributed an aggregate of approximately $0.045 to SJW
Corp.'s earnings per share. In the event that the leases are
terminated, SJW Land Company will incur all holding costs and
will seek to re-lease the premises. However, there will be no
assurance that SJW Land Company will be able to secure a new
tenant or if it is able to secure a new tenant, when this will
occur or whether the leases will be under similar terms.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned thereunto duly authorized.
SJW Corp.
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January 16, 2009 /s/ David A. Green
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David A. Green,
Chief Financial Officer and
Treasurer