Disposition Archives - The Ivy Group
Fremont logistics center trades hands for $80 million
August 29, 2024 By: Tim Vi Tran,
By Hannah Kanik – Reporter, San Francisco Business Times Aug 28, 2024 A big industrial and logistics warehouse in Fremont has traded hands. New York-based Link Logistics sold the facility at 47020 Kato Road for $79.5 million, records on file with the Alameda County Assessor’s Office show. New York City-based private equity firm KKR, also known as […]
New rules are about to reshape residential real estate, and they could wash a lot of agents out of the business
August 17, 2024 By: Tim Vi Tran,
By Ted Andersen – Digital Editor, San Francisco Business Times Aug 15, 2024 Residential real estate agents in the Bay Area are worried right now, and some may have good reason to be. In a few days, a shake-up takes place that many are calling the industry’s biggest ever. A new set of rules will blow up […]
Mountain View apartment complex sells for north of $100 million
May 29, 2024 By: Tim Vi Tran,
By Hannah Kanik – Reporter, San Francisco Business Times May 28, 2024 A big apartment complex in Mountain View traded hands this month for north of $100 million. South Carolina-based developer Greystar and Los Angeles-based developer Cityview sold a 164-unit apartment complex to Essex Property Trust for $101 million on May 17, property records on file at […]
US industrial market continues to slow as record amount of construction delivers
November 1, 2023 By: Tim Vi Tran,
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% […]
Where distressed commercial real estate loans are piling up the fastest
October 27, 2023 By: Tim Vi Tran,
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The rate of loans backing office properties that are considered distressed or delinquent is on the rise as landlords of outdated office towers struggle to refill vacant spaces and cash flow on those buildings becomes a bigger challenge.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 […]
The vacancy rate for R&D space in Silicon Valley hit a 9-year high in Q3
October 10, 2023 By: Tim Vi Tran,
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 […]
Palo Alto postitioned itself to get up to $5M in grants for affordable housing near its former Fry’s store
October 6, 2023 By: Tim Vi Tran,
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 […]
A Palo Alto office building sold for nearly $2,000 a square foot
October 6, 2023 By: Tim Vi Tran,
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, […]
