Armed with $400 million, California company hunts for industrial properties in Seattle
The move comes as warehouse rents in the greater Seattle area are rising faster than anywhere else in the world.
Corridors of Opportunity panel discussion: How Robotics Row came to be in the Strip District and Lawrenceville
The National Robotics Engineering Center and cheap space make way for public companies, new construction and much higher rents.
Exclusive: A 102-year-old East Oakland warehouse has been reborn as offices and artist studios
The project is one of East Oakland's biggest in years.
Bitcoin pushes fintech Robinhood over new milestone
Robinhood, the Bay Area-based fintech that started out with commission-free stock trades and then moved into competitively priced margin lending, started offering commission-free trading in bitcoin and ethereum Thursday in California and four other states.
When the company said last month that it planned to expand into cryptocurrency trading, it saw more than 1 million people join a waiting list for the service. On Thursday, Robinhood said it now has more than 4 million users, making it the fastest-growing…
Latest Silicon Valley competitiveness report sets off an alarm bell
“This report, moreso than any report we’ve done, is flashing a bright red warning sign that we’ve got to get on top of this as fast as we can because our quality of life and our innovation model is at risk,” according to the head of the Silicon Valley Community Foundation, one of the groups that produces the report.
Worrall sells stake in Maui real estate firm to her nephew
Longtime Hawaii Realtor Mary Worrall has sold her interest in Island Sotheby’s International Realty to her nephew, Ryan MacLaughlin, who is now a part owner of the Maui-based firm with his father, Paul MacLaughlin.
Ryan MacLaughlin has sold real estate since 2003, and worked under his aunt, who owned Mary Worrall Associates Sotheby’s International Realty before it merged with LIST Sotheby’s International Realty in 2013.
Worrall and Paul MacLaughlin, her brother and the firm’s principal…
Bentall Kennedy exec dishes on local real estate opportunities
She heads up the Toronto-based company’s U.S. division that manages $1.5 billion in real estate assets in the Bay Area out of the $20.275 billion in U.S. assets total.
Group files to start process to place rent control measure on Sacramento ballot
The measure would allow rents in the city of Sacramento to rise no faster than the Consumer Price Index.
Owner of one of Hawaii’s priciest estates paid $100M for NY penthouse
Michael Dell, the founder and CEO of the computer company that bears his name who owns substantial real estate holdings in Hawaii, has been identified as the buyer behind the $100.47 million purchase of a penthouse in One57 in Manhattan, the most expensive home ever sold in New York.
The Wall Street Journal reports the 10,923-square-foot duplex in the 1,000-foot glass tower was purchased by Dell through a limited liability company, P89-90 LLC, in a deal that went into contract in 2012 and closed…
Lawmakers gave California a big housing gift — but nobody seems to like it
The recent housing law, SB 35, stands out as a source of hope for housing advocates and as one of dread for some city dwellers.