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AECFinanceINDUSTRY newsResidential

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...

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...

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FeaturedINDUSTRY news

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...

Asian supermarket shelves
INDUSTRY newsLeasingRetail

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, BART, SFMTA, Muni, MTC, Golden Gate Transit, AC Transit, Caltrain
CommercialFeaturedINDUSTRY news

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...

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FinanceINDUSTRY newsResidential

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...

ricardo-gomez-angel-7bzbyafVTYg-unsplash-construction
AECFeaturedINDUSTRY news

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...

Downtown San Jose aerial
CommercialFinanceINDUSTRY news

Rocket EMS Acquires Vacant 78,200 SQFT San Jose R&D Building for $18.8MM

An electronics manufacturer scooped up a long-empty South San Jose research and office property at a steep markdown, a signal that some tech...

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...

Rendering of apartment design building
AECINDUSTRY newsResidential

San Jose Planning Director Approves 272-Unit, 100% Affordable Tower at 860 West San Carlos

The Site Development Permit clears the third and final phase of a West San Carlos Street project that will deliver more than 800...

1_T&T Supermarkets Westgate Store Rendering
AECINDUSTRY newsRetail

T&T Supermarket Opens First California Store June 18 at San Jose’s Westgate Center, Anchoring Multi-City Bay Area Push

The Richmond, B.C.-based Asian supermarket chain debuts at Federal Realty’s Westgate Center, the first of at least five planned California locations as grocery-anchored...

Coworking Industry Report Q4 2023 Analysis
CommercialFeaturedINDUSTRY newsLeasing

Oakland Tops California for Independent Coworking as Local Operators Close In on the Chains

A new CoworkingCafe report ranks Oakland 14th nationally, with locally owned operators holding nearly half the city’s flexible workspace market Oakland has emerged...

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