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January 16, 2025    By: Tim Vi Tran,
By Anthony Duignan-Cabrera – Contributor, Silicon Valley Business Journal Jan 15, 2025 The popular saying “an army marches on its stomach” could be credited to Frederick the Great or Napoleon Bonaparte, but the adage also applies to the legions of Silicon Valley tech workers. An army of industrious Bay Area innovators and worker bees needs to be […]
January 16, 2025    By: Tim Vi Tran,
By Clare A. Fonstein – Reporter, Silicon Valley Business Journal Jan 15, 2025 After more than a year of trying to sell the property, CVS successfully offloaded a shuttered San Jose store. The property, at 5407 Camden Ave., sat vacant since the CVS store’s shutdown in 2023. An affiliate of the company sold the property for $9.25 million, according to records filed […]
January 16, 2025    By: Tim Vi Tran,
By Douglas Sams – Editor-in-chief, Atlanta Business Chronicle Jan 15, 2025 Updated Jan 15, 2025 2:12pm PST In only a few years, AI companies have extended their real estate footprint across the city by leasing millions of square feet, enough to fill a modern San Francisco skyscraper several times over. The emerging sector, from newly formed startups to […]
January 10, 2025    By: Tim Vi Tran,
By Alex Barreira – Staff Reporter, San Francisco Business Times Jul 10, 2024 Updated Jul 10, 2024 1:04pm PDT Five Bay Area restaurants have been tapped to the California Michelin Guide across Oakland, San Francisco and Wine Country. The so-called “new discoveries” are eligible for further honors including the prestigious Michelin Star or budget-friendly Bib Gourmand awards at […]
January 8, 2025    By: Tim Vi Tran,
CRE Daily Jan 8, 2025 National apartment rent growth slowed to just 1% in Q4, the second consecutive quarter of slowing rent growth as a surge in new supply outpaced demand. Easing growth: Year-over-year rent growth dipped to 1.0% in December 2024, down from 1.1% in September, per Apartments.com. National rents averaged $1,729, up slightly […]
December 24, 2024    By: Tim Vi Tran,
By Clare A. Fonstein – Reporter, Silicon Valley Business Journal Dec 23, 2024 A Maryland-based investment management firm purchased nearly 56,000 square feet of property in Fremont, the company said Friday. Realterm is now the owner of two local industrial outdoor storage maintenance facilities. Real estate investment company Lift Partners sold the properties for $25,875,000, according to Realterm. […]
December 23, 2024    By: Tim Vi Tran,
By ABJ staff Dec 12, 2024 Time magazine’s CEO of the year keeps busy by running chipmaker Advanced Micro Devices Inc. from Austin, Texas. AMD chief Lisa Su is in the global spotlight once again for building up a corporate powerhouse at a critical time in the industry. AMD “really is one of the great turnaround stories of […]
December 9, 2024    By: Tim Vi Tran,
By Jenna Martin and Gary J. Boulanger – Silicon Valley Business Journal Dec 9, 2024 STORY HIGHLIGHTS West Coast cities have high middle-class salary gaps. San Jose’s median income falls short by nearly $60,000. Middle-class salaries stretch furthest in Detroit and Memphis. With America’s middle class shrinking in both population share and income growth, a recent study looked to see how […]