News
Ellis Partners, Baupost Group make priciest Silicon Valley office buy so far this year
13+ hour ago (764+ words) Ellis Partners and Baupost Group just made the priciest office purchase in Silicon Valley so far this year. A group led by San Francisco-based Ellis Partners and Boston-based Baupost acquired the Great America Commons office complex at "4555 and 4655 Great America…...
Austin-based home appraisal software company sues Silicon Valley rival
4+ week, 1+ day ago (364+ words) True Footage claimed San Francisco startup Automax AI faked MLS credentials, "vibe coded" a copy of its product A proptech company founded during Austin's tech craze is suing a Silicon Valley rival. Austin-based True Footage, a residential appraiser company which…...
Rick Caruso joins Silicon Valley crowd with million-dollar donation to Mahan
1+ mon, 1+ week ago (406+ words) Rest of LA real estate crew backing Mahan hasn't doled out more cash Billionaire mall magnate Rick Caruso is all in on Matt Mahan's gubernatorial run, making a seven-figure donation to an independent expenditure committee that counts a roster of…...
Silicon Valley retail site in prime location fetches $11 M from local investor
1+ mon, 3+ week ago (173+ words) Neighboring Westfield Valley Fair, Santana Row serve shoppers across San Jose, Santa Clara A Santa Clara retail property steps from one of the Bay Area's busiest shopping hubs has been acquired by a local investor." Wincreek Santa Clara, an LLC…...
Silicon Valley's record-setting spec builder moves to Texas
1+ mon, 3+ week ago (1798+ words) Dallas finance buzz drives demand for luxury " and recalls Austin's tech bubble As the finance industry blossoms in Dallas, developers are racing to accommodate a new workforce. It's not that there aren't enough units in the Metroplex. They're just not…...
Tech firm's Santa Clara expansion bolsters city's growing status as Silicon Valley office hotspot
1+ mon, 3+ week ago (184+ words) 149 K sf lease follows local office purchase spree by Nvidia Another tech-centric company is doubling down on Silicon Valley office space as the Bay Area's post-pandemic office recovery continues." Si Time, which manufactures time-keeping mechanical systems for electronics, has leased…...
Silicon Valley senior housing trades for $24 M amid silver tsunami
1+ mon, 4+ week ago (259+ words) A senior housing operator is cashing out on two Silicon Valley memory care facilities as investor demand for elder care properties continues to build. Vacaville-based Calson Management sold Crescent Oaks in Sunnyvale and Silver Oaks in Menlo Park for nearly…...
Bay Area hotel defaults pile up with two more Silicon Valley properties
2+ mon, 1+ day ago (405+ words) Distress grows at lodging sites from SF to San Jose over past year It's another week of hotel loan failures in the Bay Area as two more lodging properties face default." Wild Palms Hotel in Sunnyvale and Hotel Avante in…...
It's official: Open AI plants flag in Silicon Valley with 450 K sf in Mountain View
2+ mon, 2+ day ago (230+ words) Sam Altman-led tech giant continues to grow in SF while expanding into Bay Area Open AI isn't letting up on its Bay Area expansion spree." After months of speculation about growing into Silicon Valley, KKR Real Estate Finance Trust and…...
Open AI's new Silicon Valley campus draws housing developers
2+ mon, 1+ week ago (346+ words) Office-to-resi the go-to option for Bay Area builders The saying goes that if you build it, they will come. When it comes to housing near offices in Silicon Valley, builders are banking on tech employees wanting to live close to…...