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 […]
February 24, 2024    By: Tim Vi Tran,
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% […]
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The rate of loans backing office properties that are considered distressed or delinquent is on the rise as landlords of outdated office towers struggle to refill vacant spaces and cash flow on those buildings becomes a bigger challenge.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 […]
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 […]
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 […]
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, […]
July 8, 2023    By: Tim Vi Tran,
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 […]
June 30, 2023    By: Tim Vi Tran,
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 […]