Bay Area office landlords have filed separate lawsuits against the Federal Deposit Insurance Corporation, accusing the agency of giving lowball offers to settle unpaid rent claims against shuttered lender First Republic Bank. The three lawsuits, which involve rejected First Republic leases in Walnut Creek, Noe Valley and Greenbrae, outline claims of $48.3 million in unpaid […]
(Google Maps) 222 Commercial Street in Sunnyvale, an office and research building. SUNNYVALE — A tech titan has widened its shopping spree for Bay Area real estate by purchasing a nondescript building in the South Bay, a buying binge that is now well over a quarter-billion dollars. Applied Materials paid $15 million to buy an […]
(Dai Sugano/Bay Area News Group) Jenna Silva, a San Jose resident, receives instructions on ax-throwing during a visit to Axe-Men Throw House at 14 South Second Street in downtown San Jose, March 2022. SAN JOSE — A high-profile downtown San Jose venue, weighed down by a sour California business climate and city rules, will shut […]
Abbott a Medical equipment manufacturer in Fairfield is set to close its doors eliminating 165 jobs. (Chris Riley/The Reporter) Fairfield Abbott Laboratories has given notice that it will be closing its Fairfield location later this year, meaning the loss of nearly 200 jobs. A Worker Adjustment and Retraining Notification has been filed with the state, […]