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Newer office buildings delivered after 2010 only comprise 7% of the overall Palo Alto office inventory, strategically positioning 385 Sherman for long-term demand and increased value over time.
The tightening availability of investments and the lack of upside potential are turning multifamily investors away from urban cores and pushing them to emerging gateways such as the East Bay, Paskover says in this <b>EXCLUSIVE</b>.
With Google's headquarters in Mountain View, an increasing demand remains for housing and strong employment fundamentals, making this market a viable option for investment, GlobeSt.com learns in this <b>EXCLUSIVE</b>.
An acquisition is a natural extension of BKM Capital Partners' original portfolio within the Bayside Business Park and the location is attractive to entrepreneurial and incubator-type businesses that are flocking to the region.
Unemployment recently dropped to 2.6%, fueling continued strong demand in the local multifamily sector which continues to drive increased investor interest, and despite the rise in vacancy, demand for office is steady.
Additional options are opening up for tenants searching for space under 30,000 square feet, a segment of the market in better supply-demand balance, with the 2,000 to 50,000-square-foot slice definitely picking up.
In this <b>EXCLUSIVE</b>, Ben Rishwain of Transwestern predicts that storage facilities could soon begin moving away from city centers and into city outskirts, capitalizing on less expensive land and rents.
Bohannon and C.W. Driver partnered with Outside the Lines and landscape architect Lifescapes International to create a unique fountain that will serve as an art piece for the revived Hillsdale Center.
Douglas Corporate Center was purchased for $36.5 million, making the JV team's office ownership in Roseville to slightly less than 600,000 square feet, as one of largest office building owners in the area.