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SiliconValley.com is a leading source of news and commentary about technology, startups, innovation and tech policy Silicon Valley Business and Technology news and opinion
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News
London-based investment group scoops up several South Bay tech hubs
1+ week, 4+ day ago (449+ words) SAN JOSE — Citing “strong tailwinds” for the Silicon Valley economy, a London-based investment group has bought a vast South Bay real estate portfolio of dozens of office and research buildings in San Jose, Santa Clara and Milpitas. The purchases by…...
8-story mixed use building for downtown Walnut Creek gets approval
1+ week, 5+ day ago (461+ words) WALNUT CREEK — An eight-story residential tower development recently greenlit by planning commissioners promises to add 104 new homes to downtown Walnut Creek. Upon completion, it would be the tallest building in the city’s commercial corridor. Bay Area firm Align Real Estate,…...
Real estate merger leads to purchase of Campbell apartments
2+ week, 5+ day ago (141+ words) CAMPBELL — A merger of two real estate firms resulted in the purchase of a 348-unit apartment complex in Campbell. Avalon Campbell, at 508 Railway Ave., was bought for $147.3 million, documents filed on Aug. 21 with the Santa Clara County Recorder’s Office show....
What are real estate’s hottest investments? Or the coldest?
3+ week, 2+ hour ago (749+ words) It’s been a wild ride for commercial real estate the past few years. That’s what my trusty spreadsheet found when it reviewed July’s Green Street investment performance report for 12 slices of “institutional” properties — primarily large investments controlled by major property…...
Options emerge for empty retail space in Walnut Creek after RH store drops out
3+ week, 2+ day ago (346+ words) WALNUT CREEK — The owner of an empty department store at a high-profile corner in Walnut Creek has begun to scout for alternatives after Restoration Hardware, now officially known as RH, abruptly shelved its proposal to demolish and replace the building....
San Jose senior living apartment hub is bought for nearly $100 million
3+ week, 3+ day ago (253+ words) SAN JOSE — A senior living apartment complex in San Jose has been bought by one of the nation’s largest real estate firms at a price that hints at rising values for this type of residential hub. The Novelle Senior Living…...
IBM San Jose research hub draws developer interest ahead of rezoning
3+ week, 4+ day ago (784+ words) SAN JOSE — The iconic IBM research center in south San Jose and chunks of adjacent empty land have landed a crucial city-approved rezoning — and have also enticed interest from developers in the site’s primary tech hub. Despite objections and opposition…...
Apartment complex in lively Oakland neighborhood suffers foreclosure
1+ mon, 3+ day ago (405+ words) OAKLAND — An apartment complex in a bustling section of downtown Oakland has been foreclosed, marking the second time in just a few days that a lender has seized a housing hub in the city’s urban core. Mason at Hive, a 105-apartment…...
With help from Apple, housing trust launches $200 million Bay Area fund
10+ mon, 2+ week ago (427+ words) SAN JOSE — With financial help from Apple, Housing Trust Silicon Valley has launched a $200 million fund to fuel a greater pace of affordable residential development in the Bay Area. The regional organization said the new endeavor, which it describes as…...
Google unit Planetary Ventures sells Sunnyvale property
8+ mon, 2+ week ago (190+ words) SUNNYVALE — Planetary Ventures, a Google subsidiary that has launched a renovation of the landmark Hangar One in Mountain View, recently sold a small building in Sunnyvale to a veteran Bay Area real estate firm. The Google unit sold a building…...