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Disposition Archives - The Ivy Group

Santa Clara apartment complex sells for more than $200M

By Clare A. Fonstein – Reporter, Silicon Valley Business Journal Dec 4, 2024 STORY HIGHLIGHTS Summerwood Apartments sold for $203.15 million in Santa Clara. The sale is Silicon Valley’s priciest multifamily property in two years. Interstate Equities purchased the complex with 468 units. The transaction marks Silicon Valley’s most expensive multifamily property sale in more than two […]

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Major Fremont retail center sells

By Clare A. Fonstein – Reporter, Silicon Valley Business Journal Nov 27, 2024 STORY HIGHLIGHTS Capitol Square in Fremont sold to a private investor. The $100 million project completed in spring 2021. Capitol Square is fully leased with 11 storefronts. A major Fremont retail project sold this month, leaving the hands of the developers that created it […]

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Arcata contractor buys $10.5M San Jose property, plans housing

By Clare A. Fonstein – Reporter, Silicon Valley Business Journal Nov 19, 2024 STORY HIGHLIGHTS Danco Group acquired a site for $10.5 million. Plans include 128 affordable housing units on the property. Construction is set to begin in 2026, lasting two years. An Arcata construction company has acquired the site of a proposed residential development for $10.5 million with […]

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Hudson Pacific lands deal to offload Silicon Valley campus ahead of Google exit

By Katie Burke CoStar News November 13, 2024 | 1:49 P.M. West Coast landlord Hudson Pacific Properties is looking to capitalize on escalating interest among office investors as it seeks to offload a Silicon Valley campus ahead of a high-profile tenant move-out. The Los Angeles-based office owner is under contract to sell the Foothill Research Center in […]

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Expected Change in Values by Asset Class

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Prologis buys office and research park in Fremont for $71M

Oct 7, 2024, 11:00 AM By TRD Staff Prologis has bought a 292,00-square-foot office and research park occupied by Siemens in Fremont for $71.3 million. The San Francisco-based real estate investment trust bought the four-building property at 46859, 46871, 46889 and 46897 Bayside Parkway, the San Jose Mercury News reported. The seller was undisclosed. The cash […]

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Fremont logistics center trades hands for $80 million

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 […]

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New rules are about to reshape residential real estate, and they could wash a lot of agents out of the business

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 […]

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Mountain View apartment complex sells for north of $100 million

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 […]

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