September 17, 2023    By: Tim Vi Tran,
By Sarah Klearman – Staff Reporter, San Francisco Business Times Sep 14, 2023 New York-based investor Madison Capital may have bigger plans for Seagate Technology Holding’s research and development campus in Fremont, new filings with the city suggest. The firm, which bought Dublin, Ireland-based Seagate’s (NASDAQ: STX) campus for $260 million in May, has proposed subdividing the 30-acre […]
August 11, 2023    By: Tim Vi Tran,
By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Aug 8, 2023 Fremont’s already tight industrial space market just got a little tighter. On Tuesday, CBRE announced that Suzhou HYC Electronic Technology Co. Ltd. has leased the last unoccupied building in the newly completed 10-structure Pacific Commons South business park. The Chinese automotive equipment manufacturer will […]
July 15, 2023    By: Tim Vi Tran,
By Brian Bandell – Real Estate Editor, South Florida Business Journal Jul 14, 2023 Updated Jul 14, 2023 10:26am PDT A spike in interest rates has created challenges for many commercial real estate owners as their low-rate loans come due, and some landlords in Silicon Valley have a key deadline bearing down. According to an analysis of commercial […]
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 […]
July 5, 2023    By: Tim Vi Tran,
By Sarah Klearman – Staff Reporter, San Francisco Business Times Jul 3, 2023 Updated Jul 3, 2023, 3:32pm PDT City Ventures has plans to breathe new life into a Fremont property long eyed for residential redevelopment. The Irvine-based developer and homebuilder is moving forward with plans to raise 69 homes — 60 townhomes and nine accessory dwelling units — on a two-acre […]
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 […]
June 14, 2023    By: Tim Vi Tran,
By Sarah Klearman – Staff Reporter, San Francisco Business Times Jun 13, 2023 Updated Jun 13, 2023, 3:10pm PDT Lucid Group Inc. has leased 60,624 square feet of R&D space less than 10 miles from its Newark headquarters. The electric vehicle manufacturer (NASDAQ: LCID) took the entire industrial facility at 44259 Nobel Drive in Fremont in May, according to two […]
June 9, 2023    By: Tim Vi Tran,
By Sarah Klearman – Staff Reporter, San Francisco Business Times Jun 8, 2023 Updated Jun 8, 2023, 3:36pm PDT Tesla Inc. has snapped up another manufacturing facility in Fremont to support production of a key battery technology. The Austin-based electric vehicle manufacturer (NASDAQ: TSLA) signed a lease for 48401 Fremont Blvd., two sources told the Business Times. San Francisco industrial […]
May 9, 2023    By: Tim Vi Tran,
By SVBJ staff May 5, 2023 Take a look at Small Business Administration lending trends in the Silicon Valley, San Francisco and Sacramento regions.
May 2, 2023    By: Tim Vi Tran,
May 1, 2023 Local Works By Donovan Lazaro Donovan Lazaro is the economic development director for the city of Fremont; he can be reached at dlazaro@fremont.gov. This year, 84% of new electric generation capacity in the U.S. will come from clean energy, with two-thirds likely coming from solar and wind power. More notable, however, is the leap in grid-scale […]