A big San Jose apartment complex has been bought for over $70 million in a deal that hints at a waning market for multifamily real estate and a tricky economy for property investors.
An empty San Jose office building has been foreclosed and seized by its lender, a financial real estate failure that serves as a disquieting reminder of the maladies that afflict the frail Bay Area office market.
A big apartment and retail complex in downtown Mountain View has been bought for more than $100 million in a deal that may send mixed signals about the Bay Area real estate market.
A big office complex in Sunnyvale that could be replaced by housing has been seized by its lender, a foreclosure that suggests the Bay Area's office market remains feeble.
Nvidia has bought several office and research buildings in Santa Clara in a deal that tops $350 million and greatly widens the fast-expanding tech company's holdings in Silicon Valley.