San Jose
Paceline Buys Vacant North San Jose Office at 350 East Plumeria for $33MM
Discounted buy of a 142,700-square-foot Silicon Valley building gives Paceline Investors and New York Life room to undercut competing landlords as office vacancy...
Roche Pivots Santa Clara Campus Toward Amenity Space With Twin Office Demolition
The Swiss pharmaceutical giant will raze two single-story buildings on Scott Boulevard and replace them with landscaped open space designed to support its...
Lone Star Funds Wins Bid for Washington Holdings’ Assets in Portfolio Deal, Outbidding Brookfield and Hines
Dallas-based opportunistic investor clinches the Seattle platform’s entire real estate book in one of the largest captive-pension dispositions in recent memory. Lone Star...
59-Room La Quinta in San Jose Defaults on $16MM Construction Loan
A lender filing on a three-year-old North San Jose hotel signals that the Bay Area hospitality reckoning continues even as San Francisco’s market...
Motel-to-Apartments Conversion Planned Along VTA Corridor in North San Jose
A two-phase redevelopment would transform a 58-room roadside hotel into more than 100 residential units near light rail service A north San Jose...
Santa Clara County Land Lease Clears Path for 68-Unit Senior Affordable Project at Former San Jose Hospital Site
Santa Clara County's ground lease to an Eden Housing affiliate moves the 68-unit Trillium Senior Apartments — a key piece of a 661-residence...
LS Power Breaks Ground on $2B Transmission Expansion to Feed Silicon Valley’s Power-Hungry Growth
The Fremont-anchored Power the Bay initiative will add one gigawatt of capacity as AI, manufacturing and electrification strain the regional grid. LS Power...
California Jobs Engine Stalls in April as Unemployment Holds at 5.3%
The state shed 3,300 nonfarm payroll jobs even as a sixth straight monthly drop in the unemployed pool pointed to a labor market...
Osaka Marketplace Lands 5,000 SQFT Konbini Concept in Former Muji Space in Downtown San Jose
Sakura Market backfills a retail box that has sat dark since 2020, joining a wave of Asian food operators capitalizing on soft Bay...
Bay Area Transit Tax Measure Clinches November Ballot Spot, Setting Up $980MM Funding Fight
Connect Bay Area submitted more than 305,000 signatures for SB 63’s five-county sales tax, but business and taxpayer groups are already mobilizing against...
336-Unit The Fay in San Jose Acquired for $175MM in Post-Foreclosure Bet
A discounted purchase paired with a city-subsidized leasing program aims to rescue a downtown tower that opened to acclaim, then nearly half-emptied. Two...
Northern California Construction Splits: San Jose Adds 3,900 Jobs as Sacramento Sheds 3,700
The Bay Area’s AI-driven build cycle is concentrating construction hiring in Silicon Valley even as Sacramento posts one of the nation’s largest absolute...
