INDUSTRY news
Nvidia to Build Silicon Valley’s Latest Architectural Wonder
By Sharon Simonson The 250,000-square-foot floor plans envisioned for Nvidia’s new Santa Clara campus take to another new degree the rising corporate emphasis...
Essex Still Bullish on San Francisco
By Jon Peterson Essex Property Trust Inc. just can’t get enough of San Francisco. The Palo Alto-based real estate investment trust historically has...
Bay Area Retail Fractures Along New Economic Lines
By Sharon Simonson Strong merchant demand for premium Bay Area retail locations is escalating rents for newly built shop space from San Jose...
San Francisco Housing Market Surprises
By Sharon Simonson Even as technology companies drive commercial real estate leasing in San Francisco, unprecedented demand from tech workers is compelling the...
Texas REIT Buys First San Francisco Hotel
By Jon Peterson Austin, Texas-based Summit Hotel Properties has moved into the San Francisco hotel market for the first time with its $60.5...
Paramount Group Raises Millions to Buy in San Francisco
By Jon Peterson A New York City-based real estate investor with a history of ownership in the region plans to invest as much...
Denver Industrial REIT Wants More San Francisco Bay Property
By Jon Peterson Denver-based DCT Industrial Trust has paid $30.1 million, or $89 a square foot, to acquire an Oakland industrial building at...
Go Daddy Hops on Sunnyvale, Silicon Valley Wave
By Sharon Simonson SUNNYVALE—Domain-naming company Go Daddy.com plans to double its employee count in Sunnyvale to 80 by yearend and expects to add...
Signature Wanted San Jose for Years; Google Frosting on Cake
By Sharon Simonson Existing customer demand and historic, present and projected aviation trends are driving aircraft manager Signature Flight Support to invest $82...
Prologis Buys Big Tracy Industrial Site
By Sharon Simonson San Francisco-based industrial behemoth Prologis Corp. has acquired a more than 1,200-acre parcel in the city of Tracy at the...
Google This: San Jose Airport Soars
By Sharon Simonson A partnership involving a Florida-based operator of on-airport facilities and Google Inc. executives is proposing an $82 million investment for...
Boston Properties Plans to Start San Francisco Office Tower Without Tenant
By Jon Peterson Boston-based office landlord Boston Properties Inc. intends to break ground in mid-February on an estimated $215 million office tower in...