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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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(Google Maps) 7300 Edgewater Drive, an office and industrial building in Oakland, seen in a February 2023 image capture. 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. 41444 Christy Street, an office and industrial building in Fremont. (Google Maps) DRA Advisors,…

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SAN JOSE — A battle over a property in a prime downtown San Jose spot needed for a future BART station appears headed to a jury after a mediation attempt failed, court papers show. The court fight pits a legendary real estate firm that owns the property in downtown San Jose against a powerful regional transportation agency that needs the site for a train station. 41 West Santa Clara Street in downtown San Jose, 2021.  (Nhat V. Meyer/Bay Area News Group)  The property involved in the Santa Clara County Superior…

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