Silicon Valley
Milpitas Office Vacancy Tops 20% Even as AI Hardware Firms Hunt for Power-Ready R&D Space
Office vacancy in Milpitas edged above 20 percent over the past year despite the city's relatively small inventory, Marcus & Millichap reports, a...
Oberndorf Real Estate Management, The Bascom Group Acquire 117-Unit Museum Park Apartments in San Jose for $53.1MM
Oberndorf Real Estate Management is making its first California investment in more than a decade, partnering with The Bascom Group to buy Museum...
West Coast Office Leasing Surges 51% as Texas Cools, Savills Data Shows
The five California markets Savills tracks leased 15.9 million square feet of office space in the third quarter, up 51 percent from a...
Foxconn Unit Q-Edge Buys 110,000 SQFT of Santa Clara R&D Buildings for $55MM
Foxconn unit Q-Edge bought two vacant R&D buildings on Stender Way in Santa Clara for about $55 million, or roughly $500 per square...
San José Opens $177MM Dewatering Facility, Shrinking 500-Plus Acres of Sludge Lagoons to a 10-Acre Site
The cities of San José and Santa Clara cut the ribbon on a $177 million mechanical dewatering plant at their jointly owned Alviso...
MidPen Housing Opens $155MM, 176-Unit Ira D. Hall Square at Sunnyvale’s Lawrence Caltrain Station
MidPen Housing and a coalition of city, county, state and bank backers cut the ribbon on Ira D. Hall Square, a seven-story, 176-unit...
Intuitive Surgical Leases 47,000 SQFT at 1150 Kifer Road in Sunnyvale After Selling Nearby Parcels to Fortinet
Intuitive Surgical leased 46,849 square feet at 1150 Kifer Road in Sunnyvale, one of the largest Bay Area life sciences deals of the...
Millennium’s 263-Room M Social Hotel Sunnyvale Sets December Opening, Eight Years After Groundbreaking
A Silicon Valley hotel that broke ground before the pandemic is finally set to open. The 263-room M Social Hotel Sunnyvale arrives as...
Sutter Health Advances 850,000 SQFT, 302-Bed Hospital on Former Santa Clara Office Campus
The 302-bed medical center would anchor Sutter’s $2.8 billion two-campus expansion in Silicon Valley, the largest investment in the health system’s history. Sutter...
Samsung Buys 68,000 SQFT R&D Building Near North San Jose Campus for $29.5MM
Samsung has bought a power-equipped R&D building near the Tasman light rail station in North San Jose as CBRE reports demand for Silicon...
San Jose Unveils Strict Data Center Rules With $50,000-Per-Megawatt Fee and Potable-Water Cooling Ban
San Jose has rolled out draft rules for data centers and other facilities drawing at least 20 megawatts that would outlaw potable-water cooling,...
Google Seals 160,000 SQFT Renewal at Sobrato’s 1255 Pear Avenue in Mountain View, Savills Data Shows
Savills' third-quarter tally confirms that Google has completed its renewal of the entire Sobrato-owned office building at 1255 Pear Avenue in Mountain View,...
