Bay 101 Technology Place is a new office complex in North San Jose. It is a mixed-use, high-rise project at 1740 North First St., is an entitled nine-story 245K SF Class-A tower. The project will include window glass and glass fins, aluminum-wrapped columns and aluminum accents. The office will feature a rooftop terrace with glass railings and a wooden deck and tenants will have terabyte-scale direct connectivity to the internet, and cloud and private networks through the Cloudbus JOIN service. On-site amenities will include the under-construction 174-room Embassy Suites Hotel and a new … [Read more...]
Development in Traffic-Choked Silicon Valley Must Include Transit Villages
Ralph Borelli, a Bay Area veteran realty executive, believes transit villages are very much the way development must occur in places such as traffic-choked Silicon Valley. Borelli is following through on this philosophy with the massive Market Park San Jose complex that is emerging next to the future Berryessa BART Station in San Jose. Ralph Borelli, a veteran Bay Area realty executive, believes development in traffic-choked Silicon Valley must include transit villages — communities of homes and businesses built next to mass-transit hubs. Borelli is following through on this philosophy … [Read more...]
Garage Unlimited of Monterey Completes Sellout of Specialty Car Condos
MONTEREY, Calif., Dec 6, 2017 – Garage Unlimited of Monterey — a private, gated specialty garage-condo facility located in the Ryan Ranch area of Monterey — has sold out. The unique community for car collectors and motorsports enthusiasts consists of 46 car and storage condos with from 744 sq. ft. to 2,701 sq. ft. of space. Construction at the car community just wrapped up in April. But with a substantial number of units presold prior to the opening, the remainder of the garage-condos sold out in less than seven months. “Monterey has always had a special fondness for the automobile,” said … [Read more...]
Western National Group Buys 6.5 Acres at the San Jose Flea Market for $35MM
SAN JOSE, Calif., July 11, 2017 — Western National Group has purchased a 6.5-acre parcel of land from Berryessa Properties, LLC — owners of the San Jose Flea Market, a family-run business that remains one of the largest outdoor markets of its kind in the nation — for multifamily residential and retail space. Western National Group plans to develop up to 560 multifamily units and approximately 37,000 sq. ft. of ground-floor retail space in the fifth phase at Market Park San Jose (www.marketparksanjose.com), a 120-acre, mixed-use, transit-oriented community adjacent to the Berryessa BART … [Read more...]
Tight Market for Office Space in Silicon Valley
Tight Market for Office Space in Silicon Valley: a win/win for landlords with professionally managed office space. The Silicon valley office space market shows no signs of slowing down, despite minor setbacks for a few tech companies in the early parts of 2016. The idle gossip about tech going through another slowdown is both fallacious and premature, the remainder of 2016 has proven that. Tech is growing, and never really stopped. While some technology companies are holding off on egregious expenses, they are still investing aggressively on developing their product/service lines and hiring … [Read more...]
It’s Like a Safe Deposit Box for your “Passion” Investments
Passion investing — putting a percentage of your wealth into something you love — has become highly popular over the past decade or so. The concept is so well accepted that many investment advisors are suggesting that their clients allocate a fixed percentage — perhaps 15 to 20% of their wealth — in this investment category. What’s a passion investment? Typically, it’s something you’d spend your money on even if you weren’t considering it as an investment, which then grows over time as you recognize the value that’s being created by your collection. Here are some of the leading types: … [Read more...]
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