July 16, 2022    By: Tim Vi Tran,
By Chelsea Nguyen-Fleige – Reporter, Silicon Valley Business Journal Jul 15, 2022 The market for office space in Silicon Valley cooled off markedly in the second quarter, according to a new report. The net amount of space absorbed in the period — i.e., the amount of space leased, occupied or torn down less the amount of space vacated […]
July 8, 2022    By: Tim Vi Tran,
July 8, 2022 (EDITOR’S NOTE: According to public records, the Bayfair Center sold for $57 million. Property records show that the sale consisted of two parcels, one which sold for $1.47 million, and another that sold for $55.53 million.) San Francisco, CA — Newmark announces the closing of Bayfair Center, a 42-acre regional mall located […]
July 8, 2022    By: Tim Vi Tran,
By Catherine Sweeney July 6, 2022 After it was recently placed on the market in April, a 148,100 square-foot industrial complex in Fremont has sold for $54.6 million, or roughly $368 per square foot. The property, known as Fremont Business Center, was purchased by Houston-based commercial real estate investment company Hines, according to reporting from The […]
June 30, 2022    By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, Jun 29, 2022 Capping off what’s looking to be a robust first half of 2022 for commercial real estate deal flow, at least one major firm is betting on a continued strong outlook for the rest of the year. London-based PricewaterhouseCoopers LLP this week found, in the […]
June 18, 2022    By: Tim Vi Tran,
By Sarah Klearman – Staff Reporter, San Francisco Business Times Jun 14, 2022 Updated Jun 15, 2022, 8:10am PDT Prologis will grow its industrial portfolio by more than 15% when it acquires Duke Realty, introducing it to new customers who could fuel growth at its Essentials unit. The San Francisco-based real estate investment trust (NYSE: PLD) launched Essentials in 2019 […]
June 4, 2022    By: Tim Vi Tran,
By Chelsea Nguyen-Fleige – Reporter, Silicon Valley Business Journal Jun 2, 2022 The exceedingly tight market for industrial space in Silicon Valley isn’t likely to ease up any time soon, according to a new report. Just 579,000 square feet of warehouse or manufacturing space is slated to be completed by the end of this year, brokerage firm CBRE […]
April 20, 2022    By: Tim Vi Tran,
By Rosellen “Rosie” Downey – Lead Researcher, Silicon Valley Business Journal Apr 15, 2022 Updated Apr 15, 2022, 8:37am PDT Vallco, the beleaguered former retail center in Cupertino, has a new redevelopment plan dubbed “The Rise.” To see all of the twists and turns in its long Silicon Valley history, check out the timeline of the events that led […]