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Google formally acquires downtown property bought for it by other entities
News 1 day ago
Google formally acquires downtown property bought for it by other entities

Google has eliminated the middleman in its downtown real estate acquisitions through a transaction that places 56 properties under its ownership....

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Clement Chen III, president of Pacific Hotel Management LLC in San Mateo, on the challenges and joys of hotel management in Silicon Valley
News 2 days ago
Clement Chen III, president of Pacific Hotel Management LLC in San Mateo, on the challenges and joys of hotel management in Silicon Valley

Clement Chen III, 63, is the president of Pacific Hotel Management LLC in San Mateo. He is a graduate of Stanford University and the Harvard...

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San Jose releases some transcripts of closed City Council sessions talking about Google land deal in response to lawsuit from First Amendment Coalition, Working Partnerships USA
News 2 days ago
San Jose releases some transcripts of closed City Council sessions talking about Google land deal in response to lawsuit from First Amendment Coalition, Working Partnerships USA

Transcripts of closed-door meetings at which San Jose city councilmembers discussed land deals downtown with Google Inc. reveal fears among local...

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Former Google chairman Eric Schmidt's family office completes construction in Menlo Park
News 3 days ago
Former Google chairman Eric Schmidt's family office completes construction in Menlo Park

A new Menlo Park office for former Google chairman Eric Schmidt's philanthropic foundation and family office has wrapped up construction. Alma...

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Bay Area malls weather wild retail storm with solid occupancy, leasing activity
News 4 days ago
Bay Area malls weather wild retail storm with solid occupancy, leasing activity

Even with the recent flood of retail space, the Bay Area market is showing durability with a steady stream of leases to fill the available...

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Here's what's wrong with cities' development fees, report says
News 4 days ago
Here's what's wrong with cities' development fees, report says

Across California, the fees cities charge developers are plagued by a lack of transparency, wide variations between municipalities, and a shortage...

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Santa Clara County Board of Supervisors looks at 80 acres of land for affordable housing
News 4 days ago
Santa Clara County Board of Supervisors looks at 80 acres of land for affordable housing

The Santa Clara County Board of Supervisors is now working its way through its own set of solutions to Silicon Valley's problems with homelessness...

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Under construction: Here are the 20 biggest projects rising in San Jose
News 6 days ago
Under construction: Here are the 20 biggest projects rising in San Jose

San Jose's real estate development pipeline has been filling up for years, with dozens of proposals from developers for large mixed-use,...

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Developer wants to replace offices with nearly 300 homes in San Mateo
News 1 week ago
Developer wants to replace offices with nearly 300 homes in San Mateo

Oakland-based Harvest Properties has big plans for housing in San Mateo. The office investor and developer has proposed converting part of an...

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Job postings reveal details about Facebook's secretive office in Microsoft's backyard
News 1 week ago
Job postings reveal details about Facebook's secretive office in Microsoft's backyard

Few details have been released about Facebook Inc's Reality Labs and Oculus campus in Redmond, Washington, but an analysis of job postings shows...

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SVBJ Crane Watch update: Big real estate development projects in San Jose include Adobe tower, Sobrato's Market Street Towers, and more
News 1 week ago
SVBJ Crane Watch update: Big real estate development projects in San Jose include Adobe tower, Sobrato's Market Street Towers, and more

It seems that every which way you look in San Jose, there's a crane in the air or a shovel in the ground. The Business Journal has been tracking...

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Walgreens says it will close 200 stores in the U.S.
News 1 week ago
Walgreens says it will close 200 stores in the U.S.

Walgreens Boots Alliance Inc. said that it plans to close 200 stores in the United States. In a Tuesday filing with the Securities and Exchange...

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New Ace Hardware store comes to Mountain View, replacing a former Orchard Supply Hardware
News 1 week ago
New Ace Hardware store comes to Mountain View, replacing a former Orchard Supply Hardware

Mountain View residents who miss the presence of the old Orchard Supply Store just off Highway 101 will soon have another retailer to fill their...

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Urban Catalyst buys Chevron gas station site, reveals broad San Jose opportunity zone vision
News 1 week ago
Urban Catalyst buys Chevron gas station site, reveals broad San Jose opportunity zone vision

Urban Catalyst, an opportunity zone fund focused on downtown San Jose, purchased one of the last remaining gas stations in downtown and plans to...

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Report: San Jose to pay Santa Clara $6.2M over border lawsuits
News 1 week ago
Report: San Jose to pay Santa Clara $6.2M over border lawsuits

The city of Santa Clara has added $5 million to its coffers, with another $1.2 million on the way - the spoils from a pair of lawsuits between...

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State warns Cupertino it may be in violation of law without Vallco housing
News 1 week ago
State warns Cupertino it may be in violation of law without Vallco housing

Cupertino's rejection of housing plans for the redevelopment of the Vallco shopping mall site has gotten the city in hot water with the California...

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Diamond Investment Properties pays $320 million for 400-450 Concar St. in San Mateo
News 1 week ago
Diamond Investment Properties pays $320 million for 400-450 Concar St. in San Mateo

Diamond Investment Properties inked two of the biggest office deals in the Peninsula so far this year. In one deal, the Bay Area investor and...

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'Sue the suburbs' group takes aim at Los Altos over housing production
News 1 week ago
'Sue the suburbs' group takes aim at Los Altos over housing production

The wealthy Peninsula enclave of Los Altos is being sued by a Bay Area advocacy group known for its "sue the suburbs" approach to getting more...

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Stanford Health Care proposes medical addition to Stanford University's Redwood City Campus
News 1 week ago
Stanford Health Care proposes medical addition to Stanford University's Redwood City Campus

Stanford Health Care, looking to expand its healthcare offerings on the Peninsula, has proposed a new medical building and more parking facilities...

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Santa Clara County leads in multifamily construction, but a slowdown could be coming
News 2 weeks ago
Santa Clara County leads in multifamily construction, but a slowdown could be coming

As the housing debate rages on, it was Santa Clara County that led its neighboring counties in multifamily construction in Q1 2019, according to...

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Major tenant to exit CityView as Heritage Commerce Bank inks new HQ lease
News 2 weeks ago
Major tenant to exit CityView as Heritage Commerce Bank inks new HQ lease

Heritage Bank of Commerce, one of the tenants set to be displaced from downtown San Jose's CityView Plaza, has found a new home for its...

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New judge hears suit to force city of San Jose to release Google property sale negotiation documents
News 2 weeks ago
New judge hears suit to force city of San Jose to release Google property sale negotiation documents

Lawyers for both sides are now awaiting a ruling in Santa Clara County Superior Court on the case heard today relating to the City of San Jose's...

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Oakland-developer Harvest buys waterfront block of East Palo Alto land
News 2 weeks ago
Oakland-developer Harvest buys waterfront block of East Palo Alto land

Real estate investment company Harvest Properties has taken on its first East Palo Alto project. For years, the Oakland-based developer - which...

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Real estate attorney Kristina Lawson on battling Bay Area NIMBYism, building career relationships
News 2 weeks ago
Real estate attorney Kristina Lawson on battling Bay Area NIMBYism, building career relationships

Kristina Lawson, partner and chair of the real estate and environment group with the law firm Hanson Bridgett LLP in San Francisco, is one of the...

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Unprepared Cupertino Planning Commission fails to rewrite Cupertino's Vallco redevelopment rules
News 2 weeks ago
Unprepared Cupertino Planning Commission fails to rewrite Cupertino's Vallco redevelopment rules

Hours into a meeting hastily called to resolve years of community disagreement over how to redevelop Cupertino's old Vallco mall, the city's...

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Federal Realty, Devcon break ground on Santana West project next to Winchester Mystery House
News 2 weeks ago
Federal Realty, Devcon break ground on Santana West project next to Winchester Mystery House

After years of planning, controversy, legal action and delay, San Jose's Santana West office development got its official start Tuesday with a...

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Tesla promises to pay China at least $324M in taxes each year in exchange for Shanghai factory
News 2 weeks ago
Tesla promises to pay China at least $324M in taxes each year in exchange for Shanghai factory

Palo Alto-based Tesla Inc. will pay Chinese authorities a minimum of $324 million in taxes per year, starting in late 2023, in exchange for...

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Inside The Grad San Jose, new 'private dorm' residential tower near SJSU by Swenson and Amcal
News 3 weeks ago
Inside The Grad San Jose, new 'private dorm' residential tower near SJSU by Swenson and Amcal

Editor's note: Want to be one of the first to check out The Grad San Jose in person? Join the Silicon Valley Business Journal for a special BizMix...

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Why Sobrato donates massive amount of rent-free office space to local nonprofits
News 3 weeks ago
Why Sobrato donates massive amount of rent-free office space to local nonprofits

The Sobrato Organization is putting its real estate savvy toward a good cause - or 73 good causes, to be exact. Its Sobrato Family Foundation has...

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Opportunity Zone investor Urban Catalyst buys downtown San Jose property on West San Carlos Street, plans to build 170-room hotel
News 1 month ago
Opportunity Zone investor Urban Catalyst buys downtown San Jose property on West San Carlos Street, plans to build 170-room hotel

Real estate developer Urban Catalyst this week snapped up another property on West San Carlos Street in San Jose, where it said it planned to...

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