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 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% […]
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The rate of loans backing office properties that are considered distressed or delinquent is on the rise as landlords of outdated office towers struggle to refill vacant spaces and cash flow on those buildings becomes a bigger challenge.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 […]
October 10, 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 […]
October 6, 2023    By: Tim Vi Tran,
By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Oct 5, 2023 Updated Oct 5, 2023 9:04pm PDT A smaller Palo Alto office building sold Thursday for $58 million, or a whopping $1,933 a square foot. The purchaser — The Douglas Living Trust — bought the Park Boulevard structure from real estate investment firm Kenson Ventures LLC, […]
September 21, 2023    By: Tim Vi Tran,
By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Sep 20, 2023 Updated Sep 20, 2023 12:48pm PDT A pair of California real estate investment firms paid $74.25 million for The James, a recently built Downtown San Jose apartment building. Beverly Hills-based Archway Equities and Larkspur-based Virtú Investments teamed up to buy the 190-unit, six-story complex from […]
September 17, 2023    By: Tim Vi Tran,
By Sarah Klearman – Staff Reporter, San Francisco Business Times Sep 14, 2023 New York-based investor Madison Capital may have bigger plans for Seagate Technology Holding’s research and development campus in Fremont, new filings with the city suggest. The firm, which bought Dublin, Ireland-based Seagate’s (NASDAQ: STX) campus for $260 million in May, has proposed subdividing the 30-acre […]
September 6, 2023    By: Tim Vi Tran,
By Laura Waxmann – Staff Reporter, San Francisco Business Times Aug 31, 2023 Updated Sep 1, 2023 5:41pm PDT A bid to purchase a 22-story glass and stone tower in the Financial District, viewed as a harbinger of the San Francisco office market’s reset, has made it over the finish line. Multiple sources have confirmed that SKS Real […]
September 6, 2023    By: Tim Vi Tran,
By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Sep 1, 2023 A Miami-based real estate firm has scooped up an Apple Inc.-leased office-and-research building in Sunnyvale for $41 million. BentallGreenOak purchased the two-story building, which is located in the northern part of the city, Monday from an affiliate of real estate firm GI Partners, according […]
July 8, 2023    By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Jul 5, 2023 Updated Jul 5, 2023 2:05pm PDT All eyes are on mounting debt in the commercial real estate world, which continues to struggle with higher interest rates, a more cautious lending environment and muted return-to-office and leasing activity in the wake of […]