Office Archives - Page 2 of 6 - The Ivy Group

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The rate of loans backing office properties that are considered distressed or delinquent is on the rise as landlords of outdated office towers struggle to refill vacant spaces and cash flow on those buildings becomes a bigger challenge.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, […]

By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Sep 11, 2023 The mayors of the South Bay’s three biggest cities have a message for the region’s real estate and construction industry leaders: Don’t focus on the negative headlines and short-term setbacks. Believe in Silicon Valley’s future. The region and their particularly cities admittedly face challenges, […]

By Laura Waxmann – Staff Reporter, San Francisco Business Times Aug 31, 2023 Updated Sep 1, 2023 5:41pm PDT A bid to purchase a 22-story glass and stone tower in the Financial District, viewed as a harbinger of the San Francisco office market’s reset, has made it over the finish line. Multiple sources have confirmed that SKS Real […]

By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Sep 1, 2023 A Miami-based real estate firm has scooped up an Apple Inc.-leased office-and-research building in Sunnyvale for $41 million. BentallGreenOak purchased the two-story building, which is located in the northern part of the city, Monday from an affiliate of real estate firm GI Partners, according […]