INDUSTRY news
Giant Transbay Transit Center Also Giant Engineering Feat
By Sharon Simonson As anyone knows who has dug a hole at the beach or even the backyard, one of the challenges is...
Samsung Jumpstarts North San Jose with Headquarters
By Sharon Simonson San Jose’s City Council has approved a trio of agreements with Samsung Semiconductor Inc. to build a 680,000-square-foot research and...
Prologis Buys South San Francisco Truck Terminal
By Jon Peterson San Francisco-based Prologis Inc. has paid $15.6 million, or $654 a square foot, for a 23,840-square-foot industrial property on 201...
Silicon Valley Contract Manufacturer Grows to Meet Demand
By Sharon Simonson Another contract manufacturing-services company is expanding in Silicon Valley, offering the latest bit of evidence of a re-shoring trend that...
CityView Finances Foster City Redevelopment
By Jon Peterson Los Angeles-based CityView plans to provide $26 million in equity to finance a new $74 million mixed-use development in Foster...
Canadian Investor Plans Overhaul of Mission West Portfolio
By Jon Peterson Two Canadian companies investing pension fund money have acquired all but a sliver of the equity in the former Mission...
CalPERS Eyeballs Bay Area Industrial Assets
By Jon Peterson San Francisco Bay Area industrial properties are among those targeted for a new industrial investment partnership funded by the California...
Walton Street Capital Buys Interest in Fairmont Residences
By Jon Peterson Chicago-based Walton Street Capital LLC has invested $28.5 million in the Fairmont Heritage Place, Ghirardelli Square, a private club that...
New National Appraisal Firm Challenges Big Broker Incumbents
By Sharon Simonson San Jose-based Hulberg & Associates Inc., the largest independent commercial appraisal firm in California, has joined 41 other like firms...
FelCor Seeks Buyers for Embassy Suites in Milpitas
By Jon Peterson Irving, Texas, -based FelCor Lodging Trust Inc. has put the 266-room Embassy Suites Milpitas-Silicon Valley on the market for sale...
High Pricing Pulled Loja to Market
By Jon Peterson Strong buyer interest and a belief that the pricing for core retail assets in the Bay Area has reached a...
Signature Hopes to Give San Jose Wings
By Sharon Simonson The Florida company proposing an $82 million private terminal and seven new hangars at the San Jose airport is so...