September 21, 2023    By: Tim Vi Tran,
By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Sep 20, 2023 Updated Sep 20, 2023 12:48pm PDT A pair of California real estate investment firms paid $74.25 million for The James, a recently built Downtown San Jose apartment building. Beverly Hills-based Archway Equities and Larkspur-based Virtú Investments teamed up to buy the 190-unit, six-story complex from […]
September 6, 2023    By: Tim Vi Tran,
By J. Jennings Moss – Editor-in-Chief and General Manager, Silicon Valley Business Journal Sep 1, 2023 Sunnyvale is certainly playing the long game when it comes to thinking about the future. The city of about 152,000 in the middle of Silicon Valley has been remaking itself for more than two decades. And a slate of 10 significant […]
August 11, 2023    By: Tim Vi Tran,
By Kevin V. Nguyen – Reporter, Silicon Valley Business Journal Aug 8, 2023 Fremont’s already tight industrial space market just got a little tighter. On Tuesday, CBRE announced that Suzhou HYC Electronic Technology Co. Ltd. has leased the last unoccupied building in the newly completed 10-structure Pacific Commons South business park. The Chinese automotive equipment manufacturer will […]
July 8, 2023    By: Tim Vi Tran,
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 […]
June 24, 2023    By: Tim Vi Tran,
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 […]
June 14, 2023    By: Tim Vi Tran,
By Sarah Klearman – Staff Reporter, San Francisco Business Times Jun 13, 2023 Updated Jun 13, 2023, 3:10pm PDT Lucid Group Inc. has leased 60,624 square feet of R&D space less than 10 miles from its Newark headquarters. The electric vehicle manufacturer (NASDAQ: LCID) took the entire industrial facility at 44259 Nobel Drive in Fremont in May, according to two […]
May 17, 2023    By: Tim Vi Tran,
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 […]
May 2, 2023    By: Tim Vi Tran,
May 1, 2023 Local Works By Donovan Lazaro Donovan Lazaro is the economic development director for the city of Fremont; he can be reached at dlazaro@fremont.gov. This year, 84% of new electric generation capacity in the U.S. will come from clean energy, with two-thirds likely coming from solar and wind power. More notable, however, is the leap in grid-scale […]
March 29, 2023    By: Tim Vi Tran,
Today’s big news was that the Federal Reserve only raised the Federal Funds Rate by a quarter point and has seemingly backed off on its plans for future interest rate hikes. Is this good news or bad? Oddly, the news first caused equity markets to rise, then fall. Why such a mixed reaction? Because the […]