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Disposition Archives - The Ivy Group

US industrial market continues to slow as record amount of construction delivers

By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Oct 9, 2023 The U.S. industrial market saw an uptick in vacancy in the third quarter, as a record amount of construction delivered and leasing activity waned. Across markets tracked by Cushman & Wakefield plc (NYSE: CWK), the vacancy rate rose to 4.7% […]

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Where distressed commercial real estate loans are piling up the fastest

By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Sep 18, 2023 The rate of loans backing office properties that are considered distressed or delinquent is on the rise as landlords of outdated office towers struggle to refill vacant spaces and cash flow on those buildings becomes a bigger challenge. A recent […]

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The vacancy rate for R&D space in Silicon Valley hit a 9-year high in Q3

By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Oct 9, 2023 Silicon Valley’s commercial real estate sector’s three major segments could be described as the good, the bad and the somewhere in between. The industrial portion is doing well, with strong demand and a vacancy rate of less than 3%, according to the latest data […]

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Palo Alto postitioned itself to get up to $5M in grants for affordable housing near its former Fry’s store

By Devan J. Patel – Reporter, Silicon Valley Business Journal Sep 20, 2023 Updated Sep 20, 2023 3:56pm PDT A portion of the former Fry’s Electronics site in Palo Alto could eventually be home to affordable housing, and the city may be able to get the Metropolitan Transportation Commission to help pay for it. The Palo Alto City […]

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A Palo Alto office building sold for nearly $2,000 a square foot

By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Oct 5, 2023 Updated Oct 5, 2023 9:04pm PDT A smaller Palo Alto office building sold Thursday for $58 million, or a whopping $1,933 a square foot. The purchaser — The Douglas Living Trust — bought the Park Boulevard structure from real estate investment firm Kenson Ventures LLC, […]

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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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Future of Fremont: City sees challenge with finding places for advanced manufacturing construction

By J. Jennings Moss  –  Editor-in-Chief and General Manager, Silicon Valley Business Journal Jun 30, 2023 Nearly a year ago, Bloom Energy Corp. drew attention to its new facility in Fremont by inviting California’s best-known political figure — Gov. Gavin Newsom — to cut the ribbon. It had the added benefit of drawing attention to the city’s quest […]

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180 Howard St. in San Francisco under contract as market shows signs of capitulation

By Laura Waxmann  –  Staff Reporter, San Francisco Business Times Jun 20, 2023 Updated Jun 20, 2023, 3:01pm PDT At least three San Francisco office buildings re-listed at severe discounts after failing to achieve asking prices in recent years are now under contract, a sign that the days of landlords “testing the market” to gauge office values amid rising vacancy […]

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As Veritas Faces Default on Loans, Eastdil Secured Places 95 of its San Francisco Properties on the Market for Sale

May 12, 2023 By The Registry Staff Veritas Investments, the prominent residential landlord in San Francisco, led by its CEO Yat-Pang Au, is facing the potential loss of over a third of its apartment portfolio in the city as its lenders move forward with the sale of $1 billion in delinquent loans tied to Veritas properties. […]

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Terreno Realty Acquires 600,000 SQFT Morton Commerce Center in Newark for $186MM

By Kate Snyder March 31, 2023 Activity in the Bay Area’s industrial market is heating up with the transfer of one of its most prominent properties. A more than 600,000-square-foot industrial campus in Newark that counts Meta as one of its tenants now has a new owner. Terreno Realty purchased the Morton Commerce Center for $186 […]

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