Office Archives - The Ivy Group

By Devan J. Patel – Reporter, Silicon Valley Business Journal Feb 22, 2024 Bassett Technology Park in North Santa Clara has signed leases for three tenants to use a combined 175,000 square feet of R&D band and manufacturing space. EOTech LLC and Evoloh Inc. have inked new leases at the campus, located at 3508-3580 Bassett St., while […]

By Devan J. Patel – Reporter, Silicon Valley Business Journal Feb 20, 2024 Updated Feb 20, 2024 10:58am PST The mixed-use redevelopment of the former Vallco Mall in Cupertino, known as The Rise, has cleared a key planning milestone, paving the way for the project to receive permits and begin construction in the coming months. Cupertino has approved modified […]

By J. Jennings Moss – Editor-in-Chief and General Manager, Silicon Valley Business Journal Jan 31, 2024 Updated Jan 31, 2024 3:25pm PST Related Santa Clara, a massive mixed-use project that’s set to rise across from Levi’s Stadium, has filed an application with the city of Santa Clara to change the mix of buildings to significantly reduce the amount […]

By Sarah Klearman – Staff Reporter, San Francisco Business Times Jan 10, 2024 Updated Jan 10, 2024 4:25pm PST Strada Investment Group has formally assumed ownership of 201 Spear St., the latest San Francisco office building to trade hands via a deed in lieu of foreclosure process — and at a considerable discount to its prepandemic value. The […]

By Sarah Klearman – Staff Reporter, San Francisco Business Times Dec 4, 2023 Roger Fields wasted little time placing 550 California St. up for lease. After all, there was no shortage of space to play with. Wells Fargo, which sold 550 California to Fields’ firm, Peninsula Land & Capital, for $40.5 million in September, had once occupied […]

By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Sep 18, 2023 The rate of loans backing office properties that are considered distressed or delinquent is on the rise as landlords of outdated office towers struggle to refill vacant spaces and cash flow on those buildings becomes a bigger challenge. A recent […]

By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Oct 11, 2023 Data reports are preliminary, but early glimpses into how the third-quarter office market fared suggest improvement in a few markets while others continue to add sublease space and direct vacancy. An analysis of preliminary Moody’s Analytics Inc. data from Q3 […]

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 […]

By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Oct 5, 2023 Updated Oct 5, 2023 9:04pm PDT A smaller Palo Alto office building sold Thursday for $58 million, or a whopping $1,933 a square foot. The purchaser — The Douglas Living Trust — bought the Park Boulevard structure from real estate investment firm Kenson Ventures LLC, […]