March 11, 2023    By: Tim Vi Tran,
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. […]
March 10, 2023    By: Tim Vi Tran,
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, […]
March 3, 2023    By: Tim Vi Tran,
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 […]
February 9, 2023    By: Tim Vi Tran,
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 […]
January 31, 2023    By: Tim Vi Tran,
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 […]
January 17, 2023    By: Tim Vi Tran,
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 […]
December 4, 2022    By: Tim Vi Tran,
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 […]
November 3, 2022    By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, Nov 2, 2022 Updated Nov 2, 2022, 11:21am PDT Negative leverage in the commercial real estate market seen in the third quarter hasn’t reached similar levels since the 1980s. That’s according to an analysis by New York-based Moody’s Analytics Inc., which found the share of commercial mortgage-backed securities loans […]
November 1, 2022    By: Tim Vi Tran,