October 13, 2024    By: Tim Vi Tran,
October 9, 2024    By: Tim Vi Tran,
Oct 7, 2024, 11:00 AM By TRD Staff Prologis has bought a 292,00-square-foot office and research park occupied by Siemens in Fremont for $71.3 million. The San Francisco-based real estate investment trust bought the four-building property at 46859, 46871, 46889 and 46897 Bayside Parkway, the San Jose Mercury News reported. The seller was undisclosed. The cash […]
September 25, 2024    By: Tim Vi Tran,
This post is summarized from CRE Daily, dated September 25, 2024 The worst is over: The Federal Reserve’s aggressive rate hikes in 2022 dried up capital, hitting office and multifamily sectors particularly hard. Offices struggled due to the shift to remote work, while multifamily faced oversupply. However, signs of easing inflation and softening labor markets […]
July 17, 2024    By: Tim Vi Tran,
By Ahavah Revis – Data Reporter, Silicon Valley Business Journal Apr 29, 2024 Updated Apr 29, 2024 10:21am PDT This week’s list of Office and R&D Leases in San Jose accounts for more than 1.6 million square feet signed in 2023. Of the 30 leases ranked, 47% were for a new lease and within the 53% of renewals, […]
June 6, 2024    By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Jun 5, 2024 As billions are set to mature within commercial real estate-backed loans, tenants are putting extra scrutiny on prospective landlords’ financial wherewithal before signing leases. And while a preference for the newest or most-updated office towers that offer a bevy of […]
May 30, 2024    By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals May 29, 2024 As companies continue to view their office real estate as a recruitment and retention tool, the cost to build out those spaces keeps climbing. That’s according to a recent analysis by Jones Lang LaSalle Inc. (NYSE: JLL), which found the […]
May 18, 2024    By: Tim Vi Tran,
By Joanne Drilling – National Data Reporter, The Business Journals May 2, 2024 Updated May 3, 2024 10:56am PDT How would you describe your future plans for your leased office space? Of your employees who were not working remotely prior to March 2020, how many days per week are those employees currently in the office now? Five days […]
April 30, 2024    By: Tim Vi Tran,
By Ahavah Revis – Data Reporter, Silicon Valley Business Journal Apr 29, 2024 Updated Apr 29, 2024 10:21am PDT This week’s list of Office and R&D Leases in San Jose accounts for more than 1.6 million square feet signed in 2023. Of the 30 leases ranked, 47% were for a new lease and within the 53% of renewals, […]
February 23, 2024    By: Tim Vi Tran,
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 […]