SAN JOSE — 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. The building, located at 5729 Fontanoso Way in south San Jose, was seized by its lender, … Read more
MOUNTAIN VIEW — A lender has seized two big office buildings in a tech-rich section of Silicon Valley, disquieting fresh evidence that the Bay Area’s commercial property woes have yet to run their course. The buildings are located at 515 and 545 North Whisman Road in Mountain View, according to documents filed on March 19 at … Read more
SAN JOSE — A lender has seized ownership of a big San Jose office building whose loan was delinquent, a fresh reminder of the feeble state of the Bay Area commercial real estate market. The office building that a lender now owns through a foreclosure proceeding is located at 110 Baytech Drive in north San … Read more
Two East Bay office buildings have flopped into separate loan defaults and face foreclosure and seizure due to the delinquencies, fresh evidence of weakness in the commercial property sector. One of the office buildings is in downtown Berkeley and the other is in downtown Oakland. Both properties are near BART train stops in the urban … Read more
SAN JOSE — A court receiver has seized control of an empty and neglected San Jose office building that’s delinquent on its loan, fresh evidence that economic woes still afflict the commercial property market. The receivership status of the office building, located at 3100 North First Street, is part of a process that would shove … Read more
SAN JOSE — A prime property near San Jose’s two mega malls could be auctioned off within weeks even though the site landed a new owner last fall, Santa Clara County real estate records show. The development site is located at 395 South Winchester Boulevard in San Jose and is near Westfield Valley Fair Mall … Read more
SAN JOSE — A big and empty San Jose office building that has tumbled into neglect — including a defunct fire alarm system — faces receivership and a loan foreclosure as the Bay Area’s commercial property woes worsen. The office building, located at 3100 North First Street, is in default on its loan and could … Read more
SAN JOSE — A big San Jose tech building has toppled into a loan default, a financial setback that underscores the widening economic ailments that confront the Bay Area office market in the wake of the coronavirus outbreak. The office building at 10 West Tasman Drive is now delinquent on its mortgage, according to documents … Read more
SAN JOSE — Well over 100 notices of delinquent homeowners dues have jolted a prominent housing highrise in downtown San Jose, raising ominous new specters of possible foreclosures at the troubled tower. The housing tower at 188 West St. James Street in downtown San Jose was built by a China-based real estate firm, Z&L Properties, … Read more
OAKLAND — A big office complex in Oakland has flopped into a loan default, a financing setback that provides fresh evidence of the economic maladies that still afflict the Bay Area office market in the wake of the coronavirus. The Landing, a two-building office center on Hegenberger Road in Oakland, one of the gateways to … Read more