CONCORD, CA-The Metroplex Office Centre will include twin 10-story towers providing upward of 475,000-sf of office space. Owner Sierra Pacific is developing the project on a speculative basis.
OAKLAND, CA-The NAACP has charged that the port did not offer an equal opportunity to minorities in selling a prime Jack London Square property. The port argues that all efforts were made to make the transaction a fair deal.
SAN FRANCISCO-The Public Policy Institute of California has secured a long-term location in San Francisco by purchasing the building in which it has leased space since 1995.
SAN JOSE-To accommodate the needs of the growing number of children in the city, San Jose officials are using eminent domain to purchase deteriorated property from owners heretofore unwilling to sell out of court.
SAN JOSE-Smaller leases are being snapped up much faster than larger ones in Silicon Valley. It's starting to look like some of the area's major office campuses may stay on the market a long time.
SAN FRANCISCO-A federal agency plans to transfer ownership of the historic U.S. Mint if public review does not create any obstacles. The building may be renovated as a museum, office complex or retail area, or a combination of all of these.
EAST PALO ALTO-East Palo Alto is undergoing many changes, and will be further transformed with the addition of a five-star luxury hotel. Residents have mixed views about these changes.
SAN JOSE-Developers are feeling the effects of San Jose's economic downturn. This fact is visible as two developers delay their commercial real estate projects for up to one year.
EAST PALO ALTO-East Palo Alto is undergoing many changes, and will be further transformed with the addition of a five-star luxury hotel. Residents have mixed views about these changes.
OAKLAND, CA-Marriott International is selling an Oakland hotel and two Silicon Valley hotels as part a $181 million, eight-property deal with CNL Hospitality Corp. The Oakland property has already sold, while the Silicon Valley hotels sales are expected to close this year.