1+ week, 3+ day ago  (378+ words) Luxury retailer closing locations across country after Chapter 11 bankruptcy filing last month Saks Global Enterprises is hoping to stop a shutdown of its Palo Alto location by Simon Property Group." Simon is looking to seize control of the Saks Fifth…...

1+ mon, 3+ week ago  (109+ words) More than 100K sf added to HQ-area portfolio Elon Musk's xAI artificial intelligence startup is growing in Palo Alto." Both of xAI's new offices are located near the company's first Palo Alto office at 1450 Page Mill Road, owned by Alexandria Real…...

1+ mon, 3+ week ago  (336+ words) Company abandoned 155K home after Chapter 11 bankruptcy Genetic testing company 23andMe has leased office space in Palo Alto after abandoning its larger headquarters complex in Sunnyvale." The firm, which filed for Chapter 11 bankruptcy last year, leased 19,000 square feet at 2555 Park Boulevard in…...

5+ mon, 1+ week ago  (412+ words) Project was supposed to open a decade ago; costs increase $74M a year The cost of a U.S. Department Veterans Affairs project in Palo Alto has ballooned out of control." The redevelopment of the Palo Alto Veterans Affairs Medical Center, originally slated…...

6+ mon, 2+ week ago  (363+ words) Bought downtown building in Silicon Valley capital for $82M First Citizens Bank & Trust snapped up an office building in downtown Palo Alto for a price harkening back to the Bay Area's pre-pandemic heyday." The Raleigh, North Carolina-based financial institution bought the…...

6+ mon, 2+ week ago  (398+ words) 11-house Crescent Park buying spree has transformed area into high-security compound Mark Zuckerberg's compound in a tree-lined neighborhood in Palo Alto isn't sitting right with some neighbors." For nearly 15 years, the Meta CEO has spent more than $110 million to buy…...

8+ mon, 6+ day ago  (251+ words) Ryan Kasten hired to lead Central Texas ops amid wave of brokerage shakeups CBRE is tapping fresh leadership in Texas as the big brokerages gear up for a rebound. The Dallas-based firm hired Ryan Kasten as senior managing director for…...