Solyndra Gets a Boost With $535M Govt Loan
March 20, 2009
Tweet Fremont-based Solyndra got a giant boost today when the government announced that it will provide the Fremont company with a $535M loan to fund the expansion of the company through the construction of a second plant. The $535M is estimated to cover about 73% of the cost of the construction. The company has a [...]
Read More >>Weekend Roundup
March 15, 2009
Tweet Los Angeles’ Largest Private Landowner Might Have to File For Bankruptcy Protection [Link] According to the WSJ, Meruelo Maddux Properties is contemplating a bankruptcy filing to help it cope with its debt load. The developer has played a part in a large part of Downtown LA’s revitalization but it has now stopped making interest payments [...]
Read More >>Amazing Sunnyvale – TMG and Principal Moving Forward to Bring Another 100K SF of Office Online
October 1, 2008
Tweet The Martin Group and its JV partner Principal Global Investors have plans to break ground shortly on 384 Santa Trinita Ave, a four-story Class A office project in Sunnyvale. The building will feature 25,000 square foot floor plates, and 3.35/1000 parking. This development would dump another 100,000 square feet of space on top of [...]
Read More >>Possibly Brilliant Timing for Buyer of Oracle/Sobrato Tower; PWC Possibly on the Hunt
July 24, 2008
Tweet Rumor is that there is a Big Four firm on the troll to take down 150-200K SF of Class A office space in Downtown San Jose. The likely suspects consist of Deloitte, KPMG, PWC, and Ernst and Young. “Friends” inside E&Y indicate it is not them, KPMG is not a likely candidate, and Deloitte’s [...]
Read More >>Housing Pain: Developer Offers Buy One Get One Free
June 2, 2008
Tweet In a sign of where the housing crisis currently is, Michael Crews Development in Escondido has opted for a nover approach to selling homes: they’re offering a second home for free! If you buy into one of their more expensive subdivisions in Escondido, they’ll throw in a home from their less expensive Cityscape subdivision. The [...]
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