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Office Archives - Page 2 of 5 - The Ivy Group

Silicon Valley mayors made their pitch to the real estate industry: We are moving in the right direction

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, […]

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SKS, Swig Co. close purchase of Union Bank’s longtime S.F. home in deal that shows downtown’s fallen building values

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 […]

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An Apple-leased building in Sunnyvale sold for $41M

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 […]

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HIGH RATES CAUSE CHALLENGES AS LOANS ARE SET TO MATURE

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 […]

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More than $1 trillion in CRE debt maturities loom. These metros have the most exposure

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 […]

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180 Howard St. in San Francisco under contract as market shows signs of capitulation

By Laura Waxmann  –  Staff Reporter, San Francisco Business Times Jun 20, 2023 Updated Jun 20, 2023, 3:01pm PDT At least three San Francisco office buildings re-listed at severe discounts after failing to achieve asking prices in recent years are now under contract, a sign that the days of landlords “testing the market” to gauge office values amid rising vacancy […]

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US office market sees continued challenges in Q1 data reports

By Ashley Fahey  –  Editor, The National Observer: Real Estate Edition, May 15, 2023 The national office market is off to a tough start this year, with leasing activity continuing to slow, vacancy rising and the ever-looming threat of debt maturities. Office market reports from major commercial real estate brokerages point to a market that’s yet to find […]

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As Veritas Faces Default on Loans, Eastdil Secured Places 95 of its San Francisco Properties on the Market for Sale

May 12, 2023 By The Registry Staff Veritas Investments, the prominent residential landlord in San Francisco, led by its CEO Yat-Pang Au, is facing the potential loss of over a third of its apartment portfolio in the city as its lenders move forward with the sale of $1 billion in delinquent loans tied to Veritas properties. […]

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NIO’s Lease Ending for 85,000 SQFT San Jose Property, Site Hits Leasing Market

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, […]

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What Do Brokers Do When They Can’t Even Give Office Space Away?

March 7, 2023 Patrick Sisson, Bisnow National  Roblox was the 2022 definition of a tech unicorn, as far as real estate was concerned. It wasn’t about valuation or fundraising; the company behind the popular all-ages online gaming platform both promoted an in-person, in-office corporate culture and was growing. Google Maps 1211 Sixth Ave., where Fox Corp. and News Corp. […]

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