Quantcast

California and Silicon Valley Unemployment Rate Numbers

September 5, 2008

Tweet Numbers today came out for the national unemployment rate, and it is no surprise that the numbers continue to rise. The national rate now stands at 6.1%, a five-year high. These numbers don’t tell us much about California and Silicon Valley, so the graph to the right and data below represent the trends for the […]

Read More >>

Legacy Partners Buying Oracle/BEA/Sobrato Tower at 488 Almaden?

July 25, 2008

Tweet The Business Journal is reporting this morning that according to their sources, Legacy Partners is in fact that buyer of the Oracle/BEA/Sobrato tower located at 488 Almaden Blvd in San Jose which Oracle (ORCL: 40.63 +0.20%) acquired as part of the BEA acquisition. The Business Journal is reporting the sale at “nearly” $100M at about […]

Read More >>

Second Quarter Silicon Valley Office Space Leasing Activity

July 24, 2008

Tweet The list below represents the top lease transactions which occurred in Silicon Valley during the second quarter of 2008. Tenant Address Submarket Sq. Feet Class Blue Coat Systems 410-420 N Mary Avenue Sunnyvale        233,174 B EMC Corporation 2350 W El Camino Real Mountain View        105,143 A Symbol Technologies 6480 Via Del Oro […]

Read More >>

Excerpt of Boston Properties Q2 Earnings Call; Touches on San Francisco, Silicon Valley, and Investment Climate

July 24, 2008

Tweet Doug Linde, President of Boston Properties (NYSE:BXP), discussed on their second quarter earnings call the state of the various markets they are players in, amongst which are San Francisco and San Jose. He went into additional detail about the investment climate, as well as financing. Things to take away are that San Francisco demand for space […]

Read More >>

Brocade to Buy Foundry Networks; Combine for a 800K SF Silicon Valley Footprint

July 22, 2008

Tweet Brocade (NASDAQ:BRCD) today offered to acquire Foundry Networks (NASDAQ:FDRY) in a $3B deal. The two companies together represent roughly 800K square feet of silicon valley office space. Brocade recently executed a deal to acquire a 562K SF Build to Suit to Sale on North First Street. Foundry Network currently occupies 110K SF on Gold Street […]

Read More >>

Construction Costs for Parking Stalls

July 8, 2008

Tweet In development, municipal codes and zoning generally dictate parking requirements. For most office projects, parking requirements are generally in the ratio of 3.3-4 spaces per 1,000 square feet. For most multi-family developments which have a mix of 1-3 br, ratios are generally in the 1.5-2 spaces or stalls per unit. Retail can vary greatly, […]

Read More >>

NVIDIA Hurting; Real Estate Superstition Holding True

July 6, 2008

Tweet In Silicon Valley, it’s often joked amongst commercial real estate professionals that once a company starts making a foray into owning its real estate, things tend to go downhill for the company. Past examples have included Palm, 3Com, and Yahoo (they bought 50-acres in Santa Clara for a campus development that is currently on […]

Read More >>

National Venture Capital Association Issues Bleak Report; State of “Crisis”

July 1, 2008

Tweet The National Venture Capital Association (NVCA) just released some numbers for Q2, 2008 and they don’t look good. While venture capital might have seen a bit of a slowdown in the past quarter in Silicon Valley, the number of liquidity events for venture-backed companies has come to a screeching halt. For the first time […]

Read More >>

Wachovia Issues Report on Commercial Real Estate

June 16, 2008

Tweet Wachovia issued a report earlier this month on the state of commercial real estate. Generally speaking, they are bearish on almost all asset classes. Citing a tight lending market, oil prices, slowing demand, and other factors, the anticipation is that the run up in asset prices will continue the reverse which was initiated over […]

Read More >>

With Office Market Softening, Some Landlords Mull Reducing Asking Rents

June 2, 2008

Tweet After seeing rents continuously rise over the past 24 to 36 months, Tenants are finally beginning to see an easing in rental rates. During the past two quarters, net absorption in the South Bay and Peninsula markets have either been flat or mildly negative. In the Silicon Valley, depending on whose numbers you use, […]

Read More >>
Page 4 of 512345