Updates Archives - Page 3 of 11 - The Ivy Group

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 […]

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 […]

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 […]

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 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 […]

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 […]

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, […]

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 […]

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 […]

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 […]