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: 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...]