SAN JOSE-Bryan Friedman, senior vice-president and managing director of Grubb & Ellis' Silicon Valley office, and Ritchie Commercial Real Estate owner Mark Ritchie say the market is softening, but the sky isn't falling.

SAN FRANCISCO-The real estate services firm has eight offices in northern California and hopes to open offices in the East Bay's 680 Corridor and in Sacramento in the upcoming year.

SANTA CRUZ, CA-A source at Texas Instruments says he expects the property to realize a competitive rate for the 242,000-sf building. The value of a semiconductor manufacturing plant is approximately $300/sf, according to area real estate brokerage firms.