Santa Clara
Office Properties Income Trust Exits Bankruptcy With $714MM Debt Cut as Creditors Seize Control of Silicon Valley-Heavy REIT
A national office REIT with six Silicon Valley properties has emerged from Chapter 11 after a court-supervised restructuring that wiped out existing shareholders,...
PulteGroup Clears Review for 147-Unit Parvia Townhome Project Near Apple Park in Santa Clara
National homebuilder PulteGroup has advanced its plan to replace a longstanding Santa Clara shopping center with 147 for-sale townhomes a short walk from...
Demmon Partners’ 316-Unit Greens at Pruneridge Clears Key Review Hurdle in Santa Clara as Apartment Market Tightens
Santa Clara has released a draft environmental impact report for The Greens at Pruneridge, advancing Demmon Partners’ bid to carve 316 apartments out...
Data Center Vacancy Hits Near Zero as AI Demand Outruns Power and Permitting
With vacancy at essentially zero and tenants signing leases three years before space delivers, Digital Realty Chief Executive Officer Andy Power and CBRE’s...
Bay Area Transit Ridership Surges to Post-COVID High as BART, Muni and Caltrain Refill Ahead of November Funding Vote
Bay Area transit agencies are posting their strongest ridership since the pandemic, with BART recording its best four-month stretch since the 2020 shutdowns...
Lift Partners Acquires Vacant 7.17-Acre 651 Martin Avenue Site in Santa Clara for $25.8MM
Lift Partners has paid $25.8 million for a vacant three-building industrial site in Santa Clara, wagering that scarce yard space in the heart...
South Bay Development Lists 409,000 SQFT The Quad @ Tasman in Santa Clara for Sale
South Bay Development has put its seven-building Quad at Tasman office and R&D campus in Santa Clara back on the market, testing investor...
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...
Fremont Clears Sterling Organization’s $18MM Industrial Conversion of 144,000 SQFT Former Fry’s on Osgood Road
A unanimous Fremont City Council vote has cleared the way for Sterling Organization to transform the shuttered Fry’s Electronics big box at 43800...
BKM Capital Partners Pays $32.9MM for Four-Building Mission Park Office Campus in Santa Clara
The $350-per-square-foot deal marks Washington Holdings’ second Silicon Valley disposition in two months and advances what The Registry reported in March may be...
Super Bowl LX Pumped $720MM Into Bay Area Economy, Tripling 2016 Haul, Host Committee Report Finds
A post-event analysis prepared by Boston Consulting Group for the Bay Area Host Committee estimates that Super Bowl LX generated roughly $720 million...
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...
