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CommercialFinanceINDUSTRY news

Peninsula Land & Capital Acquires 152,300-SQFT Office Complex in San Jose for $25MM

With Silicon Valley office vacancy at a 22.5 percent ceiling and a construction pipeline at a 14-year low, Peninsula Land & Capital’s $25...

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AECINDUSTRY newsResidential

SummerHill Apartment Communities Plans 616 Apartments Across Two Adjacent North San Jose Parcels 

SummerHill Apartment Communities has proposed a pair of mid-rise residential buildings on adjacent vacant parcels in North San Jose that would together deliver...

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CommercialFinanceINDUSTRY newsLeasing

Itron to Vacate 191,000 SQFT Footprint at Champion Station in San Jose, Triggering Cash Trap on $80MM CMBS Loan

A North San Jose technology campus that has carried full occupancy through a decade of securitized debt is now staring down the loss...

Cables of servers in a data center
AECCommercialINDUSTRY news

Microsoft Begins Construction on 48MW Data Center Campus in San Jose’s Alviso, Capping Nine-Year Hold on $73.2MM Site

Nine years after quietly assembling 65 acres along Highway 237, Microsoft has put shovels in the ground on its first purpose-built, company-owned data...

robot in a factory
CommercialFeaturedIndustrialINDUSTRY newsLeasing

Robotics Tenants Retrace Auto-Tech’s Silicon Valley Land Grab as Newmark Tracks 3.8MM SQFT of Demand

Newmark says the Bay Area’s robotics and physical AI tenants are retracing the exact expansion path that autonomous-vehicle companies blazed across Silicon Valley...

Downtown San Jose aerial
CommercialFinanceINDUSTRY news

Chawla Ventures Buys 58,000 SQFT North San Jose R&D Building Anchored by Lyten for $13.5MM

A North San Jose research and office building anchored by lithium-sulfur battery developer Lyten trades to a Palo Alto investor at a discount...

Aerial view of downtown San Jose in the evening; Silicon Valley, South San Francisco Bay Area, California
CommercialFinanceINDUSTRY newsLeasing

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...

Hotel sign in red at night
FinanceHospitalityINDUSTRY news

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...

construction site
AECIndustrialINDUSTRY news

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...

Aerial View of San Jose, California at Sunrise
AECFinanceINDUSTRY newsResidential

Affirmed Housing Closes VTA Ground Lease and $162.6MM Financing for 195-Unit Affordable Project at Berryessa BART

A flurry of recorded real estate deals — including a $11.1MM ground lease from the transit agency and a stacked tax-exempt bond and...

Aerial view of downtown San Jose in the evening; Silicon Valley, South San Francisco Bay Area, California
CommercialINDUSTRY newsLeasing

AI-Chip Startup Axiado Signs 29,000 SQFT Lease at Hudson Pacific’s Concourse in North San Jose

The platform-security company moves into a Class A campus near San Jose International Airport, months after closing a $100 million Series C+ funding...

San Francisco buildings
CommercialFeaturedINDUSTRY newsLeasing

Hudson Pacific’s Northern California Office Portfolio Anchors Q1 Leasing Push Despite Sub-73% Occupancy

The Bay Area is HPP’s largest region by square footage and its weakest by occupancy, but the company landed its three highest-profile new...

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