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East Bay/Oakland Archives - The Ivy Group

Tesla may be heading to Texas, but here’s why the Bay Area is a still a center for EV tech

By Sara Bloomberg – Staff Reporter October 08, 2021, 03:01pm PDT Updated 10/08/2021 6:14 pm First off, the news: Tesla has officially announced it is moving its headquarters from Palo Alto to Austin, Texas. The decision has led to a lot of hand wringing among economic development types about familiar narratives about the exodus of companies leaving the Bay […]

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These are the nation’s 30 least affordable metro areas

By Ty West  –  Editor-in-Chief, The Playbook, Sep 28, 2021 California is still king when it comes to expensive metro areas. That’s according to a new analysis by The Business Journals that looked at the latest regional price parity data from the Bureau of Economic Analysis to identify the 30 least affordable metro areas in the nation. The latest […]

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States Benefiting the Most from WFH

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Annual Average Asking Rents in Silicon Valley

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Annual Rate of Commercial Vacancy

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Silicon Valley Industrial Market Statistics 1Q21

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Silicon Valley Market Report 1Q21

Silicon Valley absorption remained negative in the first quarter of 2021. However, occupancy losses were the lowest since the start of the pandemic, down roughly 170,000 square feet across all product types. Gross absorption tallied 3.8 million square feet, however, preleased new deliveries accounted for 38.5 percent of quarterly deal volume. Data provided by Colliers.

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JUST SOLD | $3,175,000 ($278 PSF) | Industrial | Union City, CA

Congratulations to the buyer and seller on their recent closing at the Croatian Industrial Park in Union City, CA. Tim Vi Tran, SIOR, CCIM, CIPS of The Ivy Group had the honor of representing both parties in the transaction. Results: The timely closing allowed seller to execute on its 1031 Exchange, and gave Buyer the […]

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