Acquisition Archives - The Ivy Group

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 […]

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. […]

By Clare A. Fonstein – Reporter, Silicon Valley Business Journal Dec 4, 2024 STORY HIGHLIGHTS Summerwood Apartments sold for $203.15 million in Santa Clara. The sale is Silicon Valley’s priciest multifamily property in two years. Interstate Equities purchased the complex with 468 units. The transaction marks Silicon Valley’s most expensive multifamily property sale in more than two […]

By Clare A. Fonstein – Reporter, Silicon Valley Business Journal Nov 27, 2024 STORY HIGHLIGHTS Capitol Square in Fremont sold to a private investor. The $100 million project completed in spring 2021. Capitol Square is fully leased with 11 storefronts. A major Fremont retail project sold this month, leaving the hands of the developers that created it […]

By Hannah Kanik – Reporter, San Francisco Business Times Nov 20, 2024 Updated Nov 20, 2024 3:34pm PST A medical office building in Union City has attracted a new owner. Burlingame-based Woodstock Development sold its medical and office building at 1320 Decoto Rd. in Union City to Vintners Distributors for $14.4 million, the company announced Wednesday. The price […]

By Clare A. Fonstein – Reporter, Silicon Valley Business Journal Nov 19, 2024 STORY HIGHLIGHTS Danco Group acquired a site for $10.5 million. Plans include 128 affordable housing units on the property. Construction is set to begin in 2026, lasting two years. An Arcata construction company has acquired the site of a proposed residential development for $10.5 million with […]

By Katie Burke CoStar News November 13, 2024 | 1:49 P.M. West Coast landlord Hudson Pacific Properties is looking to capitalize on escalating interest among office investors as it seeks to offload a Silicon Valley campus ahead of a high-profile tenant move-out. The Los Angeles-based office owner is under contract to sell the Foothill Research Center in […]