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SiliconValley.com is a leading source of news and commentary about technology, startups, innovation and tech policy Silicon Valley Business and Technology news and opinion
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News
London-based investment group scoops up several South Bay tech hubs
1+ week, 4+ day ago (449+ words) SAN JOSE — Citing “strong tailwinds” for the Silicon Valley economy, a London-based investment group has bought a vast South Bay real estate portfolio of dozens of office and research buildings in San Jose, Santa Clara and Milpitas. The purchases by…...
Options emerge for empty retail space in Walnut Creek after RH store drops out
3+ week, 3+ day ago (346+ words) WALNUT CREEK — The owner of an empty department store at a high-profile corner in Walnut Creek has begun to scout for alternatives after Restoration Hardware, now officially known as RH, abruptly shelved its proposal to demolish and replace the building....
San Jose senior living apartment hub is bought for nearly $100 million
3+ week, 3+ day ago (253+ words) SAN JOSE — A senior living apartment complex in San Jose has been bought by one of the nation’s largest real estate firms at a price that hints at rising values for this type of residential hub. The Novelle Senior Living…...
IBM San Jose research hub draws developer interest ahead of rezoning
3+ week, 4+ day ago (784+ words) SAN JOSE — The iconic IBM research center in south San Jose and chunks of adjacent empty land have landed a crucial city-approved rezoning — and have also enticed interest from developers in the site’s primary tech hub. Despite objections and opposition…...
With help from Apple, housing trust launches $200 million Bay Area fund
10+ mon, 2+ week ago (427+ words) SAN JOSE — With financial help from Apple, Housing Trust Silicon Valley has launched a $200 million fund to fuel a greater pace of affordable residential development in the Bay Area. The regional organization said the new endeavor, which it describes as…...
Google unit Planetary Ventures sells Sunnyvale property
8+ mon, 3+ week ago (190+ words) SUNNYVALE — Planetary Ventures, a Google subsidiary that has launched a renovation of the landmark Hangar One in Mountain View, recently sold a small building in Sunnyvale to a veteran Bay Area real estate firm. The Google unit sold a building…...
South Bay apartment complex bought for above-average sales price
2+ mon, 1+ week ago (139+ words) SiliconValley.com SUNNYVALE — An apartment complex in Sunnyvale was bought at a price that offers some hopeful signs for the health of the region’s rental housing sector. The Highlander at 620 Iris Ave. was purchased for $69.5 million by an affiliate of…...
San Jose office property is bought for far less than its prior value
2+ mon, 1+ week ago (303+ words) SAN JOSE — An office hub in San Jose has been bought at a steep discount to its prior value in a sign that prices for office buildings continue to wobble in the Bay Area. A Bay Area real estate firm…...
Investors wheel and deal for San Jose site with high-profile tenant
2+ mon, 1+ week ago (436+ words) SAN JOSE — A downtown San Jose retail property with a well-known tenant has been bought in a deal that hints at investor interest in robust sections of the city’s sleepy urban core. The buyer in the deal paid $3.4 million for…...
School district eyes purchase of empty San Jose tower for worker homes
2+ mon, 2+ week ago (663+ words) SAN JOSE — A South Bay school district is pondering the possible purchase of a long-empty San Jose residential tower to create a place where hundreds of the educational system’s workers could live. The San Jose Unified School District is considering…...