Property Rights Upheld for Developers/Investors
A few days ago the Supreme Court decided on Koontz v. St. John’s River Water Management District, which effectively will allow developers and investors to sue local governments for illegally withholding … Continue reading
Solyndra Property Sale Completed for $90.2M
As was reported in the fall, Solyndra has completed the sale of it’s 412,000 square foot Class A Industrial Fremont building through a bankruptcy liquidation. Seagate Technology purchased it for … Continue reading
CRE Industry Hoping for Sustained Price Boost from QE3
Fed’s Plan To Buy $40 Billion/Month in MBS Boosts Outlook for REITs, Bonds, Property Prices By Mark Heschmeyer QE1 and QE2 are dead; long live QE3! That, at least, is the … Continue reading
CRE Executives More Bearish Based On Economy and Govt. Impact
Improving Fundamentals Aside, Pessimism Spikes at DLA Piper Real Estate Conference Over Sluggish Economy, Political Gridlock By Randyl Drummer The number of real estate executives surveyed by DLA Piper who described … Continue reading
Surge of Federal REO Properties Hitting the Markets
The Upside: This Could Speed Up a Return to Normalcy By Mark Heschmeyer As the federal government has doggedly worked through concerns about foreclosure documentation practices, federal financial agencies have aggressively … Continue reading
Disconnect Between Business and Government Could Hurt Commercial Real Estate
By Michael Hironimus Jerry Brown took time out of his schedule to address the PCBC last Thursday in the midst of a budget debate at the state’s capitol. While addressing … Continue reading
U.S. Construction Annual Spend Rate Upticks to $765 Billion in April
By Michael Gerrity According to the U.S. Census Bureau of the Department of Commerce, construction spending during April 2011 was estimated at a seasonally adjusted annual rate of $765.0 billion, 0.4 … Continue reading
San Mateo County Pays $40M for 200,000 SF Circle Star Building
SAN CARLOS, CA- It has been reported that the County of San Mateo has closed on the 208,000 SF Circle Star office complex. The price was reported to be $40 … Continue reading
The Peninsula Industrial Pros 