Author: Agggregated News

FREMONT — An East Coast investment group has widened its shopping spree for Bay Area commercial real estate by grabbing some big properties in Alameda County for well over $100 million. The buying group paid $133 million for multiple buildings in Fremont and another big building in Oakland, documents on file with the Alameda County Recorder’s Office show. (Google Maps) 41444 Christy Street, an office and industrial building in Fremont. DRA Advisors, an investment firm, is listed as the managing member of the buying group for the buildings. The purchases…

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(George Avalos/Bay Area News Group) 1955 The Alameda (L) and 1961 The Alameda(R), office buildings in San Jose. SAN JOSE — Two smaller San Jose office buildings perched on a prominent site have toppled into a loan delinquency, fresh evidence that the economic woes still hound the Bay Area office market. The office buildings, located on The Alameda near downtown San Jose, could be seized through foreclosure if the loan isn’t repaid or a restructuring of the financing isn’t accomplished. 1955 The Alameda, an office building in San Jose. (George Avalos/Bay…

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SAN JOSE — Two small San Jose office buildings perched on a prominent site have toppled into a loan delinquency — but the property owner is attempting to find a replacement loan. The default is fresh evidence that economic woes still hound the Bay Area office market. The office buildings, located on The Alameda near downtown San Jose, could be seized through foreclosure if the loan isn’t repaid or a restructuring of the financing isn’t accomplished. 1955 The Alameda, an office building in San Jose.  The ownership group for the…

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Riders traveling between Union City and Warm Springs/South Fremont stations on BART’s Green Line will be taking buses instead of trains this weekend as workers maintain the throughways, according to a BART press release. Train service on these routes will be suspended on Saturday and Sunday as old equipment is replaced and obstructing plants are trimmed. BART warned riders to expect delays ranging between 20 to 40 minutes in the work zone. The bus bridge will take passengers directly from the Union City station to the Warm Springs/South Fremont station.…

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