December 6, 2023    By: Tim Vi Tran,
By Sarah Klearman – Staff Reporter, San Francisco Business Times Dec 4, 2023 Roger Fields wasted little time placing 550 California St. up for lease. After all, there was no shortage of space to play with. Wells Fargo, which sold 550 California to Fields’ firm, Peninsula Land & Capital, for $40.5 million in September, had once occupied […]
December 3, 2023    By: Tim Vi Tran,
By Hannah Kanik – Reporter, San Francisco Business Times Dec 1, 2023 Plans to transform an aging Fremont tech complex into a modern industrial center are moving forward. Texas-based developer Hines and investment managers Oaktree Capital Management LP secured a construction loan to build a 267,000-square-foot Class A advanced manufacturing and distribution center in Fremont. Construction on […]
November 27, 2023    By: Tim Vi Tran,
By Andrew Mendez – Bay Area Inno Reporter November 22, 2023, 03:24pm PST OpenAI LLC has had quite the chaotic week, with the firing and rehiring of co-founder and CEO Sam Altman. The leadership issues raised major concerns from some of its Silicon Valley venture capitalists about what was happening at the San Francisco-based startup. […]
November 22, 2023    By: Tim Vi Tran,
By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Nov 20, 2023 On a vacant site near Topgolf San Jose that was previously targeted for a hotel, a Los Angeles developer is now proposing a major housing development. Earlier this month, Genesis Commercial Capital submitted a preliminary application to city planners to build 804 new homes […]
November 18, 2023    By: Tim Vi Tran,
By Troy Wolverton – Managing Editor, Silicon Valley Business Journal Nov 17, 2023 A San Mateo-based real estate investment firm paid $62.25 million for a 20-year-old apartment complex near Downtown Sunnyvale. Acacia Capital Corp. purchased the Villa Del Sol Apartments on Thursday from Palo Alto’s Pacific Urban Investors, according to records filed with the Santa Clara County […]
November 4, 2023    By: Tim Vi Tran,
By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Oct 9, 2023 Silicon Valley’s commercial real estate sector’s three major segments could be described as the good, the bad and the somewhere in between. The industrial portion is doing well, with strong demand and a vacancy rate of less than 3%, according to the latest data […]
November 4, 2023    By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Oct 9, 2023 The U.S. industrial market saw an uptick in vacancy in the third quarter, as a record amount of construction delivered and leasing activity waned. Across markets tracked by Cushman & Wakefield plc (NYSE: CWK), the vacancy rate rose to 4.7% […]
November 1, 2023    By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Oct 9, 2023 The U.S. industrial market saw an uptick in vacancy in the third quarter, as a record amount of construction delivered and leasing activity waned. Across markets tracked by Cushman & Wakefield plc (NYSE: CWK), the vacancy rate rose to 4.7% […]
November 1, 2023    By: Tim Vi Tran,
By Joanne Drilling – National Data Reporter, The Business Journals Oct 30, 2023 Updated Oct 30, 2023 5:46pm PDT It’s getting less expensive to buy a home in the Bay Area’s most expensive ZIP codes, but don’t let that fool you — it’s still going to cost more that most any other place. That’s according to an analysis […]
October 27, 2023    By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Sep 18, 2023 The rate of loans backing office properties that are considered distressed or delinquent is on the rise as landlords of outdated office towers struggle to refill vacant spaces and cash flow on those buildings becomes a bigger challenge. A recent […]