Tags: Silicon Valley

Facebook explores $2.4 billion commuter railway and roads to link its Fremont and Menlo Park campuses

Facebook explores $2.4 billion commuter railway and roads to link its Fremont and Menlo Park campuses

The social media giant, along with infrastructure developer Plenary Group and SamTrans, are trying to pin down how, exactly, to fund the massive Dumbarton corridor revamp that would bring necessary traffic relief to the region. Facebook is exploring what it would take to finally build a commuter rail across Dumbarton corridor — a move that would… READ MORE

Bay Area’s Housing Crisis Could Chase Facebook, Others Away

Bay Area’s Housing Crisis Could Chase Facebook, Others Away

High housing costs in Silicon Valley have at least one major tech company threatening to move elsewhere. Facebook Vice President of Communications and Policy Officer Elliot Schrage told investors during the company’s annual shareholders meeting that Bay Area housing costs need to be addressed if tech firms, such as Facebook, want to remain in Silicon Valley, Realty… 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

Why this South Bay city with a good housing record will oppose new California transit-oriented housing bill

Why this South Bay city with a good housing record will oppose new California transit-oriented housing bill

Milpitas enjoys a reputation among Santa Clara County cities as having made more progress toward meeting the housing needs of its residents than any other. But on Tuesday night, its City Council unanimously voted to send a letter to the California Legislature opposing Senate Bill 827, which has been touted by Silicon Valley business leaders… 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

Thirty-five years ago, San Jose agreed to move forward with an ambitious plan to build a massive technology campus, aiming to ease traffic jams by offering reverse commutes for employees living in burgeoning nearby communities.

The project promised to bring thousands of jobs. It would have built a transit link as well, with access to rail for the workers who opted out of commuting by car.

It may sound eerily similar to Google’s proposed transit village, but San Jose’s past effort to build a huge tech campus in Coyote Valley — far from the downtown core — never got off the ground, despite many attempts to resurrect it from the ash heap of history.

Read more from Mercury News

Google’s San Jose village plan seeks success where Coyote Valley project fizzled

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