Palo Alto
McNellis: Empty Stores, Empty Logic – A Palo Alto Retail Vacancy Conundrum
By John McNellis Palo Alto’s city council is considering a “vacancy tax” on empty shop space in its downtown, penalizing owners stuck with...
Oxford Capital Submits Application for 415,000 SQFT Mixed-Use Residential and Hotel Development in Palo Alto
A formal application has been submitted for the Creekside Hotel and Residences project, located at 3400 El Camino Real in Palo Alto. This...
Rudolph and Sletten Begin Construction on 62,000 SQFT Stanford Hospital Pod E Renovation Project in Palo Alto
LOS ANGELES–Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Rudolph and...
Aloft Cupertino Hotel Fails to Meet $30MM Loan Deadline, Enters Special Servicing
The Aloft Cupertino, a 123-room hotel located at 10165 North De Anza Boulevard blocks from Apple’s former headquarters in Cupertino, has gone into...
X Announces Exit from San Francisco in Internal Email, Citing Cultural Clashes and Cost Concerns
The tech world was abuzz on Monday as news broke that X, the social media platform formerly known as Twitter and owned by...
International Workplace Group Plans Addition of Two New Coworking Locations in Silicon Valley
By The Registry Staff International Workplace Group (IWG), the world’s leading provider of flexible workspaces, is set to further solidify its presence in...
Economic Commentary: Softening Labor Market Could Lead to Interest Rate Cuts Earlier Than Expected
By John Beuerlein, Chief Economist at the Pohlad Companies At the midpoint of the year, the economy has clearly slowed from the faster pace...
Strada Investment Group Plans 159-Unit Multifamily Community in Palo Alto
By The Registry Staff Strada Investment Group has submitted preliminary plans for a new 159-unit residential development at 2100-2400 Geng Road in Palo...
The Struggle Continues for Silicon Valley Office Leasing Amid Tech Sector Correction and Hybrid Work Trends
In the second quarter of 2024, the Silicon Valley office market is still grappling with low leasing activity, largely influenced by a tech...
Swift Real Estate Partners Purchases 81,000 SQFT Palo Alto Office Building for $56MM
San Francisco, Calif. (June 28th, 2024) – Swift Real Estate Partners (“Swift”), a vertically integrated real estate investment manager and operating company, announced...
Family-Owned, 154-Unit Apartment Portfolio in San Francisco Listed for Sale
By The Registry Staff A rare opportunity has emerged in San Francisco’s real estate market as a portfolio of three historic apartment buildings...
McNellis: Resuscitation Hardware
By John McNellis I shorted a stock once. As a Kmart landlord 20 years ago, I saw firsthand how badly that discounter was...
