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 […]
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 […]
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 […]
April 11, 2023    By: Tim Vi Tran,
April 10, 2023 Fremont Economy Monthly Fremont has long been a regional industrial powerhouse, with manufacturing and technology tenants enticed by the City’s expansive supply of flexible industrial spaces. These facilities provide the open floor area, utilities, and clear heights needed to support complex operations for tenants across a growing array of advanced industries. While […]
April 8, 2023    By: Tim Vi Tran,
By Kate Snyder March 31, 2023 Activity in the Bay Area’s industrial market is heating up with the transfer of one of its most prominent properties. A more than 600,000-square-foot industrial campus in Newark that counts Meta as one of its tenants now has a new owner. Terreno Realty purchased the Morton Commerce Center for $186 […]