Acquisition Archives - Page 3 of 5 - The Ivy Group

Where distressed commercial real estate loans are piling up the fastest

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The rate of loans backing office properties that are considered distressed or delinquent is on the rise as landlords of outdated office towers struggle to refill vacant spaces and cash flow on those buildings becomes a bigger challenge.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 […]

Read More

The vacancy rate for R&D space in Silicon Valley hit a 9-year high in Q3

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 […]

Read More

A Palo Alto office building sold for nearly $2,000 a square foot

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, […]

Read More

A Downtown San Jose luxury apartment complex fetched $74M in a sale

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 […]

Read More

New owner of Seagate’s 30-acre Fremont campus may have bigger plans for the site

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 […]

Read More

SKS, Swig Co. close purchase of Union Bank’s longtime S.F. home in deal that shows downtown’s fallen building values

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 […]

Read More

An Apple-leased building in Sunnyvale sold for $41M

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 […]

Read More

More than $1 trillion in CRE debt maturities loom. These metros have the most exposure

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 […]

Read More

City Ventures pitches 69 homes on Fremont lot long eyed for residential redevelopment

By Sarah Klearman  –  Staff Reporter, San Francisco Business Times Jul 3, 2023 Updated Jul 3, 2023, 3:32pm PDT City Ventures has plans to breathe new life into a Fremont property long eyed for residential redevelopment. The Irvine-based developer and homebuilder is moving forward with plans to raise 69 homes — 60 townhomes and nine accessory dwelling units — on a two-acre […]

Read More

Future of Fremont: City sees challenge with finding places for advanced manufacturing construction

By J. Jennings Moss  –  Editor-in-Chief and General Manager, Silicon Valley Business Journal Jun 30, 2023 Nearly a year ago, Bloom Energy Corp. drew attention to its new facility in Fremont by inviting California’s best-known political figure — Gov. Gavin Newsom — to cut the ribbon. It had the added benefit of drawing attention to the city’s quest […]

Read More