Updates Archives - The Ivy Group
Amazon Buys 877,424 SQFT Former Owens Corning Site in Santa Clara for $237.8MM
March 10, 2023 By: Tim Vi Tran,
By Kate Snyder Santa Clara’s industrial market recently saw a large sales transaction involving one of the city’s more prominent sites. The former Owens Corning plant and surrounding acreage was sold to an affiliate of Amazon for $237.8 million in an all-cash deal, according to a report by The Mercury News. The buyer was Amazon.com Services, […]
Carmel Partners & Affiliates Make Massive Apartment Portfolio Acquisition in Daly City Valued over $1.3B
February 1, 2023 By: Tim Vi Tran,
February 1, 2023 By Vladimir Bosanac San Francisco-based Gerson Bakar & Associates continued this week with a disposition of another one of its prized assets. The company has sold off its last Bay Area property, the Westlake Village Apartments, a 47-acre, nearly 3,000-unit apartment community in Daly City, to an entity affiliated with San Francisco-based Carmel […]
Housing prices in the San Jose metro area fell 3.3% from October to November, the biggest decline nationwide
December 26, 2022 By: Tim Vi Tran,
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 […]
Good startups emerge in bad times. Here are 57 startups worth billions that launched during the Great Recession
December 10, 2022 By: Tim Vi Tran,
By Cromwell Schubarth – TechFlash Editor, Silicon Valley Business Journal Dec 9, 2022 Updated Dec 9, 2022, 9:01am PST https://www.bizjournals.com/sanjose/news/2022/12/09/these-59-startups-emerged-in-the-great-recession.html?utm_source=st via @svbizjournal If you ask venture capitalists why they invest in startups in economically challenging times like these, you’ll hear a common refrain: Some of the most successful companies in the tech industry were formed or came of age in […]
San Jose’s City Council green lit 3 major Downtown building projects
December 4, 2022 By: Tim Vi Tran,
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 […]
Nearly 500 housing units pitched for South Fremont BART station
August 23, 2022 By: Tim Vi Tran,
By Sarah Klearman – Staff Reporter, San Francisco Business Times Aug 22, 2022 Updated Aug 22, 2022, 4:56pm PDT The longtime owners of nearly 10 acres adjacent to the Warm Springs/South Fremont BART station have big plans for the land. They have proposed building nearly 500 multifamily units and townhomes on Lopes Road and Warm Springs Boulevard, about a block […]
There’s a lucrative change for small businesses in the Inflation Reduction Act
August 10, 2022 By: Tim Vi Tran,
By Andy Medici – Senior Reporter, The Playbook, Aug 9, 2022 The Senate on Sunday passed a sweeping health care and climate change bill, but there is also a potentially lucrative tax credit for small-business owners included in the bill. The bill, which must still pass the House and be signed by President Joe Biden, contains a minimum […]
Morgan Hill Gets Industrial
August 6, 2022 By: Tim Vi Tran,
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 […]
