South Bay/San Jose Archives - Page 8 of 13 - The Ivy Group

Amazon Sells Milpitas Property

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 […]

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Housing prices in the San Jose metro area fell 3.3% from October to November, the biggest decline nationwide

By Olivia Peterkin  –  Digital Editor, Silicon Valley Business Journal Dec 22, 2022 Updated Dec 22, 2022, 3:24pm PST House values in the San Jose metro area fell faster than in any other major urban region in the country last month, according to a new report. The typical home in the region encompassing Santa Clara and San Benito counties saw […]

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San Jose’s City Council green lit 3 major Downtown building projects

By Troy Wolverton  –  Managing Editor, Silicon Valley Business Journal Nov 30, 2022 Here are the projects the Council green lit: The Orchard Developers: Westbank, Urban Community Location: 409 and 425 S. 2nd St. at the corner of East San Salvador Street in the city’s SoFA district. Description: A 30-story, mixed use tower with 540 residences; 7,430 square feet of ground […]

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Housing markets with highest share of equity rich households undergo biggest corrections

By Ashley Fahey  –  Editor, The National Observer: Real Estate Edition, Nov 9, 2022 Even with a rapidly cooling housing market, homeowners across the U.S. are sitting on near-record levels of equity. A recent analysis by Irvine, California-based Attom Data Solutions LLC found 48.5% of mortgaged residential properties nationally were considered equity-rich in the third quarter. A property […]

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Q3 spike in loans with negative leverage signals how commercial real estate dealmaking is changing

By Ashley Fahey  –  Editor, The National Observer: Real Estate Edition, Nov 2, 2022 Updated Nov 2, 2022, 11:21am PDT Negative leverage in the commercial real estate market seen in the third quarter hasn’t reached similar levels since the 1980s. That’s according to an analysis by New York-based Moody’s Analytics Inc., which found the share of commercial mortgage-backed securities loans […]

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Ranked: 30 housing markets where values are cooling the fastest — or even declining

By Ashley Fahey  –  Editor, The National Observer: Real Estate Edition Oct 26, 2022 Some were booming before the Covid-19 pandemic hit. Others shot up in popularity arguably because of the pandemic. A few have been slow-but-steady-growth markets for some time. The national housing market slowdown has been one of the headlining stories of 2022, after a […]

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Morgan Hill Gets Industrial

By Chelsea Nguyen-Fleige  –  Reporter, Silicon Valley Business Journal Aug 4, 2022 Updated Aug 4, 2022, 1:23pm PDT Editor’s note: Join the Business Journal for a special virtual event Aug. 11 to hear more about Morgan Hill’s approach to development. Register for the free event here. A few minutes north of Morgan Hill’s downtown stand five new buildings in a 410,000-square-foot campus […]

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Silicon Valley’s office leasing market slowed down in 2Q22

By Chelsea Nguyen-Fleige  –  Reporter, Silicon Valley Business Journal Jul 15, 2022 The market for office space in Silicon Valley cooled off markedly in the second quarter, according to a new report. The net amount of space absorbed in the period — i.e., the amount of space leased, occupied or torn down less the amount of space vacated […]

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Here’s why CRE deal volume will continue to see strength in second half of 2022

By Ashley Fahey  –  Editor, The National Observer: Real Estate Edition, Jun 29, 2022 Capping off what’s looking to be a robust first half of 2022 for commercial real estate deal flow, at least one major firm is betting on a continued strong outlook for the rest of the year. London-based PricewaterhouseCoopers LLP this week found, in the […]

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Industrial space is a hot commodity in Silicon Valley

By Chelsea Nguyen-Fleige  –  Reporter, Silicon Valley Business Journal Jun 2, 2022 The exceedingly tight market for industrial space in Silicon Valley isn’t likely to ease up any time soon, according to a new report. Just 579,000 square feet of warehouse or manufacturing space is slated to be completed by the end of this year, brokerage firm CBRE […]

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