building

High-profile East Bay office building deal shows property value slump

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EMERYVILLE — An Emeryville office building was purchased in a deal that shows some commercial property values in the Bay Area continue to decline. The building at 6001 Shellmound St. was acquired for $20.6 million through an all-cash deal in a streamlined foreclosure process, according to documents filed on March 19 with the Alameda County … Read more

Tech titans strike deal for purchase of big San Jose office building

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SAN JOSE — Samsung acquired an office building in San Jose previously owned by Apple in a move that will enable Samsung to widen its Silicon Valley footprint. Samsung Semiconductor bought the building at 3725 North First St. for $27 million in an all-cash deal, according to documents filed on Feb. 27 with the Santa … Read more