Commercial Real Estate Archives - Page 7 of 32 - The Ivy Group
5 Bay Area suburban office buildings change hands in $1.1B portfolio deal
August 29, 2022 By: Tim Vi Tran,
By Douglas Fruehling – Editor-in-Chief, San Francisco Business Times Aug 29, 2022 A $1.1 billion suburban office building portfolio sale announced Monday morning includes five Bay Area properties comprising nearly 500,000 square feet, a bet that the suburbs will come back stronger than central business districts. Workspace Property Trust, a privately held real estate company, joined forces with sovereign wealth […]
Nearly 500 housing units pitched for South Fremont BART station
August 23, 2022 By: Tim Vi Tran,
By Sarah Klearman – Staff Reporter, San Francisco Business Times Aug 22, 2022 Updated Aug 22, 2022, 4:56pm PDT The longtime owners of nearly 10 acres adjacent to the Warm Springs/South Fremont BART station have big plans for the land. They have proposed building nearly 500 multifamily units and townhomes on Lopes Road and Warm Springs Boulevard, about a block […]
Morgan Hill Gets Industrial
August 6, 2022 By: Tim Vi Tran,
By Chelsea Nguyen-Fleige – Reporter, Silicon Valley Business Journal Aug 4, 2022 Updated Aug 4, 2022, 1:23pm PDT Editor’s note: Join the Business Journal for a special virtual event Aug. 11 to hear more about Morgan Hill’s approach to development. Register for the free event here. A few minutes north of Morgan Hill’s downtown stand five new buildings in a 410,000-square-foot campus […]
Warm Springs Plaza Shopping Center For Sale $94.5M
July 22, 2022 By: Tim Vi Tran,
By Jon Peterson, TheRegistrySF New York City-based The Fortress Group is putting up for sale its 118,346 square foot Warm Springs Plaza shopping center in Fremont, according to offering documents circulated across the industry. The asking price that the owners are seeking is $94.5 million, or roughly $798 per square foot. Fortress did not respond to any […]
Silicon Valley’s office leasing market slowed down in 2Q22
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 […]
B3, GAW Capital Partners Pay $57MM for 42-Acre Bayfair Center Mall in San Leandro
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 […]
Hines Purchases 5 Industrial Buildings in Fremont
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 […]
Here’s why CRE deal volume will continue to see strength in second half of 2022
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 […]
