San Jose
San Jose Ground Lease Trades to Tenant for $10M
Marcus & Millichap closed the sale of a 1.1-acre ground lease located at 3155 Stevens Creek in San Jose. The… Read more
San Jose Affordable Fetches $71M in First Time on the Market
Marcus & Millichap closed the sale of Moreland Apartments, a 160-unit affordable housing asset at 4375 Payne Ave. in San… Read more
Strong Employment Fundamentals Drive San Jose Multifamily Sale
Marcus & Millichap finalized the sale of a 10-unit apartment property located in San Jose. The asset sold for $4,300,000. Eymon Binesh, Adam… Read more
Safehold Closes on Ground Leases for Bay Area Affordable Projects
Safehold Inc. has closed on ground leases to facilitate the ground-up development of four affordable housing communities in the Bay Area. The… Read more
Bond Measure Would Raise $20B for Bay Area Affordable Housing
The Bay Area Housing Finance Authority (BAHFA) adopted a resolution to place a general obligation bond measure on the Nov. 5 general… Read more
Hines Names CBRE to Market South San Jose Industrial Project
Hines has selected CBRE to market and lease its Edenvale Industrial Park in San Jose. Construction began on Tuesday for the three-building,… Read more
MMCC Makes Quick Work of Acquisition Loan for Redwood City Multifamily
Marcus & Millichap Capital Corporation (MMCC) arranged $3,185,000 in financing for the purchase of a 15-unit multifamily property located at… Read more
Crest Partners Closes San Francisco’s Biggest Industrial Buy in Two Years
San Jose-based Crest Partners paid $39.5 million to acquire an industrial property near San Francisco’s India Basin in one of… Read more
Prime Office Space Leads – and Will Continue to Do So
The headlines continue to herald office building woes, from buildings slipping into foreclosure to buyers snapping up near-empty facilities at… Read more
Archer Aviation, Kilroy Sign MOU for Bay Area Air Mobility Network
Archer Aviation, a provider of electric vertical takeoff and landing (eVTOL) aircraft, plans an air mobility network to connect five… Read more
Quanta Cloud’s U.S. Headquarters Trades in San Jose
Newmark arranged the sale of 1010 Rincon Cir., a 90,871-square-foot R&D facility in San Jose, for an undisclosed sum. The… Read more
Avison Young Opens Silicon Valley Office in Palo Alto
Avison Young has opened its new Silicon Valley office located at 229 Forest Ave. in Palo Alto. The new office,… Read more
Apartment Rents Drop in Seven of 11 Major California Cities
Even as apartments nationally continue to rise, with the national rent index for one and two-bedroom units increasing by 1.2%… Read more
PMB Tops Out MOB Near San Jose’s Bascom Station
Healthcare real estate developer PMB and Santa Clara Valley Healthcare (SCVH) topped off construction on a 10-story, 230,000 square-foot medical… Read more
California Has 14K Apartment Conversions in the Pipeline
California’s commercial-to-apartment conversions have a promising future despite a slowdown in completed projects over the past year, according to a… Read more