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Google unveils broad vision for San Jose’s Diridon Station as some community members rally to halt the plans

  Google announced nearly a year ago that it had visions of a mixed-use campus spanning up to 8 millions square feet in San Jose’s Diridon Station. Since then, the tech giant has invested heavily in real estate in the area. Google has begun to lay out a high-level vision for San Jose’s Diridon Station area, […]

Exclusive: East Bay shopping center lands new grocery tenant to anchor redevelopment strategy

The new owners of the regional mall have mapped out a multi-phased plan to redevelop the East Bay property into a shopping and entertainment geared toward the region’s strong Asian demographic. LBG Funds has finalized a 35,000-square-foot lease with Taiwanese grocer 99 Ranch Market to anchor the first of four phases that the Los-Angeles-based investor […]

Bitcoin won’t encourage cryptocurrency for real estate, but cryptoeconomics will

As Bitcoin enters the mainstream economy, a number of homebuyers and sellers are starting to use the cryptocurrency to conduct real estate transactions.    Last year, Southeby’s International Realty sold one of the first single-family homes in Austin, Texas using Bitcoin. The Austin home was sold when Bitcoin prices were $3,429 in September 2017. In addition […]

Facebook’s building permits soar past $1B in its hometown of Menlo Park

Facebook may be rapidly expanding its footprint across the Bay Area, but a new report shows the social media giant is still highly focused on — and invested in — its hometown of Menlo Park. In recent years, Facebook has filed building permits valued at more than $1 billion in the small Peninsula city, according to an […]

Oakland, A’s begin Coliseum ballpark negotiations

The Oakland A’s now have the blessing to study both the Coliseum and Howard Terminal in their quest to build a new ballpark in Oakland. The Oakland City Council on Tuesday night approved an “exclusive negotiating agreement” with the A’s, allowing the two to begin talks about constructing a ballpark at the Coliseum, the MLB […]

Exclusive: $75 million renovation, office conversion proposed at San Francisco’s biggest shopping mall

Westfield San Francisco Centre, the city’s largest shopping center, could see a $75 million makeover and partial office space conversion.  Mall landlords Westfield Corp. and Forest City Realty Trust Inc. proposed this week a renovation of tenant spaces, a new facade with more glass, and three new outdoor terraces for the 865 Market St. portion […]

Is proximity to mass transit becoming less of a draw for apartment renters?

In the few years since companies like Uber and Lyft began to offer their ride sharing and carpooling options to riders in San Francisco, the premium earned by apartments near mass transit has dropped. Apartment dwellers have traditionally been willing to pay a premium to live near mass transit stops in urban markets. But fueled by the […]

Shivu Srinivasan of NAI Northern California named a Top 10 NAI Global Top Producer

Bay Area multifamily investment property top producer ranks among NAI Global’s top sales leaders internationally SAN FRANCISCO, CA – May 15, 2018 – NAI Global, a leading global commercial real estate brokerage firm, recently announced that Shivu Srinivasan, Senior Vice President, NAI Northern California was recognized in its annual recognition program as a top producer for the organization. […]

San Jose mixed-use apartments eyed west of Google village

Plans for a mixed-use apartment and retail complex have sprouted west of downtown San Jose, a development that would bring more than 100 residences to an area known as the Midtown district. The proposed development at 259 Meridian Ave. near West San Carlos Street would consist of 110 to 120 residential units and 2,300 square […]

Oakland’s exclusive deal to sell city-owned land to charter school draws opposition

The City of Oakland is poised to sell a large plot of land it owns in the Fruitvale neighborhood to a private developer for the purpose of building a new charter school campus. But the project — and the city’s years-long involvement in it — is suddenly drawing criticism from education and affordable housing activists […]