$30M For Circque De Soleil

December 29, 2009

Tweet The LA Times has an article out discussing the CIM Group and the investments and loans it has attracted. Locally, CIM has been a fairly active player in the region over the past few years. In San Jose it is known best for being part of the team behind Tower 88. This spring CIM [...]

Superior Toyota of Oakland and Superior Nissan of Fremont Shut Doors

February 25, 2009

Tweet Superior Toyota in Oakland, and Superior Nissan in Fremont have closed effectively immediately. Superior Toyota had just opened two months ago and claimed to be Northern California’s largest Toyota dealership. The dealership was just built at a cost of some $35 million! Superior Nissan on Fremont -part of the same dealership group – is [...]

Two East Bay Hotels Default on Mortgages

January 31, 2009

Tweet In what is likely part of the first wave of hotel mortgage defaults, two East Bay hotels have defaulted on their mortgages. The ownership of the 170-key Sheraton Pleasanton Hotel (AG Inn at the Mall LLC) has defaulted on a $12.2M note. In addition, U-Safe Investments has defaulted on two notes for a total [...]

Cheaper Rents Bolster Fremont Activity

June 3, 2008

Tweet The Contra Costa times featured an article today highlighting the relatively inexpensive rents in Fremont as spurring demand for space. While Silicon Valley and the Peninsula have seen office rates increase over the past two years or so, Fremont has remained a fairly inexpensive market. Rents have moved up in Fremont, but compared to [...]

Oakland A’s Move To Fremont One Step Closer to Becoming Reality

November 9, 2007

Tweet Lew Wolff and the Oakland Athletics have formally submitted plans for the new “Cisco Field” ballpark project in Fremont. The project encompasses 226 acres of land off Auto Mall Parkway and is slated to include roughly 3,000 housing units, an elementary school, 500,000 square feet of retail, and a 32,000 seat ballpark. The estimated [...]

San Jose Housing Development Still Hot; Oakland Not

October 8, 2007

Tweet As the city of San Jose gives the go-ahead and developers push on with residential projects in San Jose, Oakland is beginning to see constructions halts and plans being shelved. The Olson Co. has halted construction on its 252 Unit, 7-Story CityWalk project in Oakland about half-way through construction. According to a BizJournal article, [...]