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The morning before the San Jose City Council was set to vote on selling land to Google, panelists at Bisnow's Silicon Valley event voiced their hopes for the city with the promise of a large employer moving in and how the city could benefit from it. 
Early Wednesday morning, city council approved selling several parcels near Diridon Station for more than $100M to Google in a move that advances the tech giant's efforts to create a transit village that could eventually reach 8M SF and bring…
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Swift Buys 2 San Francisco Properties
Swift Real Estate Partners has bought two San Francisco properties, marking its second and third acquisitions in the city this year. The company bought historic building 55 New Montgomery, also known as the Sharon Building, in San Francisco's South Financial…
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WeWork Takes 78K SF In San Francisco For Its HQ Offering
WeWork has secured more than 78K SF in San Francisco for its HQ by WeWork product. The company is leasing 13 floors at 180 Sansome St., each with floor plates larger than 6K SF. The lease was signed last week,…
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Certified Green Buildings Linked To Healthier, Happier, More Productive EmployeesJob hunting must-haves: PTO, check. Benefits, check. Green building, check? When it comes to employee retention, the building itself can play a huge role in enticing people to stay. Workers who spend their days in certified green buildings — such as LEED-certified buildings — are happier, healthier and more productive than employees in traditional buildings, according to a recent survey from the U.S. Green Building Council. The USGBC created the LEED ratings system as a framework to gauge healthy, highly efficient and cost-saving green buildings. Another recent report shows that as green building grows in popularity, the savings associated with the movement continue to be a strong advantage for owners. Most LEED participants cite occupant health and happiness as one benefit, with lower operating costs as another. |
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Cross-Border Investment In U.S. Property Markets Accelerates, With Canada Dominating TransactionsThough cross-border investment in U.S. commercial real estate has tapered off since 2015, renewed interest from foreign buyers reversed course in the third quarter, with Canadian investors leading the charge. Cross-border investment increased 61% to $62B in Q3, the highest amount recorded since Q3 2015, according to Cushman & Wakefield's Q3 Capital Markets report. Not only do Canadian buyers account for the largest dollar amount of foreign capital moving into the U.S., but without Canada's capital injection, foreign investment activity during the period would have stalled, Real Capital Analytics reports. |
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Cushman & Wakefield Teams With Startup Accelerator To Fuel PropTech InnovationCushman & Wakefield has formed a partnership with startup accelerator Plug and Play. The real estate services giant is now a founding partner of the Plug and Play Real Estate & Construction program. 
Established in 2006, Plug and Play oversees industry-specific accelerator programs. It launched the Plug and Play Real Estate & Construction program earlier this year as a spinoff from one of the company's oldest programs, which is focused on the Internet of…
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