News Archives - Page 6 of 10 - The Ivy Group

By Olivia Peterkin  –  Digital Editor, Silicon Valley Business Journal Apr 13, 2023 Fremont and San Jose are the two U.S. cities with the highest barriers to entry for those wanting to join the middle class club, according to a new report by New York-based financial tech company SmartAsset. For the report, SmartAsset researchers used data from the […]

By Kate Snyder April 4, 2023 Silicon Valley’s leasing market is seeing more space put up for grabs. An electric vehicle manufacturing company that occupies an 85,017 square foot building in San Jose appears to not be renewing its lease as the property has hit the leasing market, according to marketing information from Colliers and CBRE, […]

Today’s big news was that the Federal Reserve only raised the Federal Funds Rate by a quarter point and has seemingly backed off on its plans for future interest rate hikes. Is this good news or bad? Oddly, the news first caused equity markets to rise, then fall. Why such a mixed reaction? Because the […]

By Sougata Mukherjee  –  Editor-in-Chief, Triangle Business Journal Mar 23, 2023 Updated Mar 23, 2023, 9:46am PDT Again, we turn to real estate – but unlike 2008-09, when residential real estate loan portfolios started the Great Recession, this time all eyes will likely be on commercial real estate. So, what does that mean? To make sense of the situation, we looked […]

By Kate Snyder Santa Clara’s industrial market recently saw a large sales transaction involving one of the city’s more prominent sites. The former Owens Corning plant and surrounding acreage was sold to an affiliate of Amazon for $237.8 million in an all-cash deal, according to a report by The Mercury News. The buyer was Amazon.com Services, […]

By Sarah Klearman  –  Staff Reporter, San Francisco Business Times Mar 3, 2023 The Bay Area led the nation in industrial real estate transactions in the month of January, new data shows. Roughly $169 million worth of Bay Area industrial properties traded hands in the first month of the year, according to the data, released by property management software […]

By Ted Andersen  –  Digital Editor, San Francisco Business Times Feb 24, 2023 Updated Feb 24, 2023, 5:29pm PST Marriage is supposed to be forever, but when it’s not, particularly for high-net-worth individuals in the Bay Area, a legal separation can cause ripple effects that cost millions. That’s when high-flying entrepreneurs and industry executives call Anne Cochran of Cochran FLP. […]

January 30, 2023 By Kate Snyder More than a year after it first acquired the site, Amazon is now selling a 395,335 square-foot commercial office property in Milpitas, according to industry reports. The sale price has not been disclosed, but the buyer is reported to be Dermody Properties LLC. Amazon first purchased the site in 2021 […]

By Olivia Peterkin  –  Digital Editor, Silicon Valley Business Journal Jan 19, 2023 Updated Jan 19, 2023, 2:44pm PST Netflix Inc. announced Thursday Reed Hastings is stepping down as its co-CEO. Here’s the full text of the letter Hastings published Thursday detailing his decision and other leadership changes at the streaming media giant (Nasdaq: NFLX): I’m so proud of our first 25 years, […]

Jan 18, 2023 Here’s the memo that Microsoft Corp. CEO Satya Nadella posted to explain why the software giant is cutting 10,000 jobs (Nasdaq:MSFT). “We’re living through times of significant change, and as I meet with customers and partners, a few things are clear. First, as we saw customers accelerate their digital spend during the pandemic, we’re […]