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Commercial Real Estate Archives - The Ivy Group

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 […]

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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 […]

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Silicon Valley mayors made their pitch to the real estate industry: We are moving in the right direction

By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Sep 11, 2023 The mayors of the South Bay’s three biggest cities have a message for the region’s real estate and construction industry leaders: Don’t focus on the negative headlines and short-term setbacks. Believe in Silicon Valley’s future. The region and their particularly cities admittedly face challenges, […]

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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 […]

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10 projects that will further Sunnyvale’s city reinvention

By J. Jennings Moss – Editor-in-Chief and General Manager, Silicon Valley Business Journal Sep 1, 2023 Sunnyvale is certainly playing the long game when it comes to thinking about the future. The city of about 152,000 in the middle of Silicon Valley has been remaking itself for more than two decades. And a slate of 10 significant […]

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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 […]

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Los Angeles firm JRK Investors paid nearly $100M for Duo Apartments in San Jose

By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Aug 17, 2023 Updated Aug 17, 2023 8:21pm PDT A Los Angeles real estate firm paid $93.5 million for an apartment complex in South San Jose that is located down the street from Valley Oak Technology Park. The Duo Apartments is a four-story, two-building complex that has 301 […]

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Chinese auto parts supplier leases last space in new Fremont industrial park

By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Aug 8, 2023 Fremont’s already tight industrial space market just got a little tighter. On Tuesday, CBRE announced that Suzhou HYC Electronic Technology Co. Ltd. has leased the last unoccupied building in the newly completed 10-structure Pacific Commons South business park. The Chinese automotive equipment manufacturer will […]

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HIGH RATES CAUSE CHALLENGES AS LOANS ARE SET TO MATURE

By Brian Bandell – Real Estate Editor, South Florida Business Journal Jul 14, 2023 Updated Jul 14, 2023 10:26am PDT A spike in interest rates has created challenges for many commercial real estate owners as their low-rate loans come due, and some landlords in Silicon Valley have a key deadline bearing down. According to an analysis of commercial […]

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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 […]

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