April 5, 2023    By: Tim Vi Tran,
By Kate Snyder April 4, 2023 Silicon Valley’s leasing market is seeing more space put up for grabs. An electric vehicle manufacturing company that occupies an 85,017 square foot building in San Jose appears to not be renewing its lease as the property has hit the leasing market, according to marketing information from Colliers and CBRE, […]
March 29, 2023    By: Tim Vi Tran,
Today’s big news was that the Federal Reserve only raised the Federal Funds Rate by a quarter point and has seemingly backed off on its plans for future interest rate hikes. Is this good news or bad? Oddly, the news first caused equity markets to rise, then fall. Why such a mixed reaction? Because the […]
March 28, 2023    By: Tim Vi Tran,
Federal Reserve’s Moves Pressed Brakes on Loan Growth By Mark Heschmeyer and Nicole Shih CoStar News March 26, 2023 | 7:50 P.M. A sharp drop in loans for apartments led a general pullback in commercial real estate lending. The U.S. multifamily sector saw a plunge in lending from a high quarterly growth rate of 5.4% in the […]
March 24, 2023    By: Tim Vi Tran,
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 […]
March 18, 2023    By: Tim Vi Tran,
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 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 […]