Tags: San Jose

Downtown San Jose’s Bank of Italy development venture expands

Downtown San Jose’s Bank of Italy development venture expands

The realty investment group leading a far-reaching upgrade of the Bank of Italy building in downtown San Jose has purchased a big surface parking lot next to the historic office tower. The site could benefit the property entrepreneurs in multiple ways. For now, it’s a cash-creating parking lot that fronts on South Second Street, just south… READ MORE

How San Jose’s new BART subway could spur development downtown

How San Jose’s new BART subway could spur development downtown

With the VTA’s expected decision to use a single-bore method to create a tunnel through downtown San Jose for new BART service, the area will sell both short- and long-term benefits, experts say. The recommendation of doing the BART subway beneath downtown San Jose as a single-bore tunnel will have the biggest short-term impact on… READ MORE

Silicon Valley, East Bay commercial markets look strong: Colliers report

Silicon Valley, East Bay commercial markets look strong: Colliers report

Santa Clara County and East Bay commercial real estate markets are looking strong, according to several Colliers International brokers. The Santa Clara County “office market was actually stronger than we anticipated” during 2017, David Schmidt, an executive vice president in the Colliers San Jose office, said Tuesday in a presentation at the Trends 2018 conference,… READ MORE

Silicon Valley, East Bay commercial markets look strong: Colliers report

Silicon Valley, East Bay commercial markets look strong: Colliers report

Santa Clara County and East Bay commercial real estate markets are looking strong, according to several Colliers International brokers. The Santa Clara County “office market was actually stronger than we anticipated” during 2017, David Schmidt, an executive vice president in the Colliers San Jose office, said Tuesday in a presentation at the Trends 2018 conference,… READ MORE

Northern California Cities Remain Prime Locales For CRE Investors

Northern California Cities Remain Prime Locales For CRE Investors

Investment activity in the Bay Area and Northern California remained strong in 2017. San Francisco is reported as having one of the strongest office markets in the country, according to Avison Young’s 2018 North America and Europe Forecast. Industrial remains in high demand with low vacancies in Oakland and the East Bay. Investment activity remained… READ MORE

Silicon Valley’s top 2017 stories in housing, transportation

Silicon Valley’s top 2017 stories in housing, transportation

Quite often the biggest annual stories in some of the areas our sister paper the Silicon Valley Business Journal covers are one-off events or announcements: the year’s biggest VC funding, biggest merger, biggest deal (real estate, biz partnership — you name it). But on the closely related housing and transportation beats, nearly all the year’s… READ MORE

Iconic Bank of Italy building is bought, signaling rising downtown San Jose interest

Iconic Bank of Italy building is bought, signaling rising downtown San Jose interest

The Bank of Italy office building, deemed by experts to be downtown San Jose’s most iconic tower, has been bought by investors based in Menlo Park and Manhattan, according to public records that indicate WeWork has taken an ownership interest in the high rise. Through several transactions in December and October, two investment groups that… READ MORE

San Jose: Vacant Nob Hill store will be home to a new church amid community concerns

San Jose: Vacant Nob Hill store will be home to a new church amid community concerns

A vacant former Nob Hill grocery store at the center of a debate over whether the city should step in when commercial landlords let empty storefronts fester will soon become a church. But community leaders who protested other plans to fill the site that had become blighted and infested with rodents over the last two… READ MORE

SAN JOSE >> A plan for two new residential towers to rise near a proposed transit-oriented Google village would bring a touch of Manhattan and big-city dwelling, along with badly needed housing, to downtown San Jose.

Together, the two high rises would bring up to 124 residential units. Both would be within a block of the proposed Google office campus near Diridon Station and the SAP Center.

Read more from Santa Cruz Sentinel

 

Downtown San Jose residential towers may sprout near planned Google transit village

Multiple Asia-based investors have spent hundreds of millions of dollars in recent months on an array of Silicon Valley commercial real estate properties.

From office campuses to hotels, the Asian investors’ deals show they remain bullish about Silicon Valley, as they’re willing to buy here even with property values at lofty levels.

Read more from East Bay Times

Asian investors pour more than $300 million into Silicon Valley buildings