Commercial Real Estate Archives - The Ivy Group

By Sougata Mukherjee  –  Editor-in-Chief, Triangle Business Journal Mar 23, 2023 Updated Mar 23, 2023, 9:46am PDT Again, we turn to real estate – but unlike 2008-09, when residential real estate loan portfolios started the Great Recession, this time all eyes will likely be on commercial real estate. So, what does that mean? To make sense of the situation, we looked […]

By Kate Snyder A newly constructed high-rise condominium complex has just hit the market in downtown San Jose. The two-tower residential community totals 640 units, although some units have been sold and are not part of the offering, according to marketing information from JLL, which is the advisor on the property. According to a report from […]

March 7, 2023 Patrick Sisson, Bisnow National  Roblox was the 2022 definition of a tech unicorn, as far as real estate was concerned. It wasn’t about valuation or fundraising; the company behind the popular all-ages online gaming platform both promoted an in-person, in-office corporate culture and was growing. Google Maps 1211 Sixth Ave., where Fox Corp. and News Corp. […]

By Kate Snyder Santa Clara’s industrial market recently saw a large sales transaction involving one of the city’s more prominent sites. The former Owens Corning plant and surrounding acreage was sold to an affiliate of Amazon for $237.8 million in an all-cash deal, according to a report by The Mercury News. The buyer was Amazon.com Services, […]

By Sarah Klearman  –  Staff Reporter, San Francisco Business Times Mar 3, 2023 The Bay Area led the nation in industrial real estate transactions in the month of January, new data shows. Roughly $169 million worth of Bay Area industrial properties traded hands in the first month of the year, according to the data, released by property management software […]

January 30, 2023 By Kate Snyder More than a year after it first acquired the site, Amazon is now selling a 395,335 square-foot commercial office property in Milpitas, according to industry reports. The sale price has not been disclosed, but the buyer is reported to be Dermody Properties LLC. Amazon first purchased the site in 2021 […]

Jan 27, 2023 San Francisco certainly isn’t the only major U.S. city experiencing high office vacancy rates, but its numbers are among the most severe. We took a look at Cushman & Wakefield’s Office MarketBeat reports to see how the city’s office vacancy rates and asking rent compare to other cities. When putting them side […]

By Sarah Klearman – Staff Reporter, San Francisco Business Times Jan 13, 2023 Even as the East Bay’s industrial market continues to boom, one key group of prospective tenants is taking a step back. Tenant requirements – the quantity of space being sought by prospective tenants in a given market — sank 36% in the […]

By Troy Wolverton  –  Managing Editor, Silicon Valley Business Journal Nov 30, 2022 Here are the projects the Council green lit: The Orchard Developers: Westbank, Urban Community Location: 409 and 425 S. 2nd St. at the corner of East San Salvador Street in the city’s SoFA district. Description: A 30-story, mixed use tower with 540 residences; 7,430 square feet of ground […]