KW Silicon City Commercial Real Estate, CA DRE #01965355

01/03/2022

Cheers to 2022! Wishing everyone a healthy and prosperous year! 🎉 🏡

11/16/2021

Special guest Larry Stone!

11/06/2021

07/02/2021

Real Estate Planning Seminar!

INVITATION FOR REAL ESTATE AGENTS AND BROKERS ONLY!

PLEASE RSVP: http://bit.ly/KWSC-EstatePlanning
Date: Wednesday July 7th Time: 1:30PM - 3PM
Address: KW Silicon City Training Center
2221 Oakland Road, Suite 268 San Jose, CA 95131
Join us and learn about:
The Difference Between Wills and Trusts
What happens if you die without a Will or Trust?
The Strains of Probate
The Pros & Cons of the most popular Trusts
Tax Minimization Strategies (Estate, Gift & Capital Gains Tax)
Avoiding Medi-Cal Recovery

03/17/2021

Join us tomorrow (3/17) from 2-3 pm for an update on the Commercial Real Estate Market including multi-family units, industrial space, and retail. Don't miss out, register today: https://www.sccaor.com/.../webinar-uncovering-client.../

Join us tomorrow (3/17) from 2-3 pm for an update on the Commercial Real Estate Market including multi-family units, industrial space, and retail. Don't miss out, register today: https://www.sccaor.com/events/webinar-uncovering-client-needs-through-conversations-that-lead-to-sales/

02/22/2021

Learn about the changing commercial real estate market at the Real Estate Forecast Summit webinar on March 10. Register now. http://ow.ly/y4HX50DE1u1

01/21/2021

Calling all Commercial Agents 🚨 KWSCV is hosting a commercial panel just for you. 😉🙌
Link to register: http://bit.ly/Multi-FamilyCommercialPanel

10/31/2020

Real estate boom: $661 million in Silicon Valley property deals in one day
Cupertino, San Jose, Sunnyvale sites find buyers in burst of property purchases

Among the biggest commercial property deals completed on Oct. 29:

— $346 million was paid for 10 office buildings in an Apple office campus on Results Way in Cupertino. The buildings together total 384,000 square feet. Apple leased the buildings in 2011, which at that time marked a rare foray for Apple west of State Route 85 in Cupertino. Swift Results Way, an affiliate of San Francisco-based Swift Real Estate Partners, bought the buildings.

— $160 million was paid for three north San Jose office buildings, located at 10 W. Tasman Drive, 80 W. Tasman, and 125 Rio Robles Drive. The buyer was an investment group with ties to financial companies in South Korea and a local office in Mountain View. The three buildings total 318,000 square feet. ASML, a semiconductor equipment maker, has leased the buildings at 125 Rio Robles and 80 W. Tasman.

The sale of the north San Jose complex represents a success story for veteran developer DivcoWest, which in 2018 paid $50 million to buy the trio of then-empty buildings. In 2019, DivcoWest signed a lease for ASML to become a tenant in two of the buildings on the campus.

— $104 million was paid for several Sunnyvale office buildings by veteran developer Lane Partners, which is based in Menlo Park. The occupants of the sites include Fujitsu Electronics America, Fujitsu Laboratories America, Fujitsu Triole, and FDK America. The addresses include 1200, 1230, 1240, 1250, 1260, 1270, and 1280 Arques Ave.

Investors this week paid a combined total of more than $660 million for buildings in Cupertino, north San Jose, south San Jose, and Sunnyvale.

10/08/2020

The New Downtown San Jose Coming Soon!

Downtown West, Google’s village, would dramatically change downtown San Jose with an array of new offices, homes, and amenities near the Diridon train hub, and pave the way for a big increase…

08/31/2020

KEY POINTS
Coresight Research estimates 25% of America’s roughly 1,000 malls will close over the next three to five years.
The coronavirus pandemic has accelerated a demise that was already underway.
“Just because retail space has gone vacant or remained fallow does not mean that it is automatically a good candidate for repurposing into industrial space,” Moody’s Analytics real estate analyst Victor Calanog said.
According to data pulled by Moody’s Analytics REIS, apartment development in the U.S. is expected to be down 15.6% in a post-Covid-19 world. Office development is set to drop 10%, it said, while retail falls 15.7%.
Industrial development, meantime, is expected to pick up 3.6%.

What is going to happen to America's dead malls? That's a million-dollar question plaguing retailers and real estate developers.

07/26/2020

New York (CNN Business)Coronavirus, massive amounts of debt and a shift in shopping habits created a lethal cocktail of bankruptcies and store closures in July.

So far this year, 21 private and public retailers have filed for Chapter 11 according to BankruptcyData.com. That's more than double the number that filed for the same time period last year. In total, 20 retailers filed for bankruptcy protection in 2019.
"A retail sector already in upheaval in the face of changing consumer habits in 2019 is now additionally faced with a massive demand shock for which there is no cure," said James Hammond, the CEO of New Generation Research.
"Storied names in the industry, some operating for over 100 years, like Brooks Brothers, have fallen," he added. "Even the strong can't survive. This is far from over." (New Generation Research runs BankruptcyData.com.)

Coronavirus, massive amounts of debt and a shift in shopping habits created a lethal cocktail of bankruptcies and store closures in July.