The Mercury News

Can Oakland’s most buzzed-about team turn a troubled local park into its new home of baseball?

The Mercury News sent this email to their subscribers on February 8, 2024.

Also: Lucid Motors downtown San Jose dealership site details begin to emerge • Court receiver seizes control of big San Jose building in loan default

Bay Area Real Estate

Thursday, February 8, 2024

Can Oakland’s most buzzed-about team turn a troubled local park into its new home of baseball?

The Oakland Ballers are strongly considering playing their inaugural season at Raimondi Park after becoming the latest sports franchise to ditch Laney College.

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Lucid Motors downtown San Jose dealership site details begin to emerge

Lucid Motors has filed a proposal for an electric vehicle dealership in downtown San Jose.

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Court receiver seizes control of big San Jose building in loan default

A court receiver has seized control of an empty and neglected San Jose office building that’s delinquent on its loan.

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Los Gatos hits another stumbling block in finalizing Housing Element

The council voted at its Feb. 6 meeting to add language to the document limiting where the town can build small, multi-unit housing.

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Balboa Island frozen banana stand that inspired ‘Arrested Development’ hits the market

Sugar ‘n Spice, which originally opened in 1945, will be listed along with a mixed-use retail space.

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Are apartments the next mess for commercial real estate?

The cracks in the commercial real estate market are widening from offices to apartment complexes, with more than $67 billion of the housing potentially distressed.

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Hotel deals implode in Bay Area and California as economy turns murky

The market for hotel purchases has melted down in both the Bay Area and California.

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Todrick Hall lists his California mansion for $7.3 million

The 8,000-square-foot house has five bedrooms, eight bathrooms and a spacious great room with glass walls that opens to the terraced backyard.

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Tech company aims to buy old Fry’s Electronics site in San Jose

A tech company whose sales are on the rise has struck a deal to buy a big San Jose site where a Fry’s Electronics store once operated.

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Electric vehicle firm eyes San Jose site near Google village footprint

A maker of electric vehicles is eyeing a possible business venture at a high-profile site in downtown San Jose.

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Could Oakland Raiders’ former training facility have a role in the next World Cup?

After sitting unsold and unwanted for months, the former Raiders training facility — a prime piece of East Bay real estate — has a buyer.

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San Jose to fight developers using ‘builder’s remedy’ to downsize housing projects

Developers used a housing loophole to try to scale back housing proposals.

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Text-only version of this email

BAY AREA REAL ESTATE Thursday, February 8, 2024 CAN OAKLAND’S MOST BUZZED-ABOUT TEAM TURN A TROUBLED LOCAL PARK INTO ITS NEW HOME OF BASEBALL? The Oakland Ballers are strongly considering playing their inaugural season at Raimondi Park after becoming the latest sports franchise to ditch Laney College. Read more → LUCID MOTORS DOWNTOWN SAN JOSE DEALERSHIP SITE DETAILS BEGIN TO EMERGE Jom 'E&i‘li 5. Lucid Motors has filed a proposal for an electric vehicle dealership in downtown San Jose. Read more → COURT RECEIVER SEIZES CONTROL OF BIG SAN JOSE BUILDING IN LOAN DEFAULT A court receiver has seized control of an empty and neglected San Jose office building that’s delinquent on its loan. Read more → LOS GATOS HITS ANOTHER STUMBLING BLOCK IN FINALIZING HOUSING ELEMENT The council voted at its Feb. 6 meeting to add language to the document limiting where the town can build small, multi-unit housing. Read more → BALBOA ISLAND FROZEN BANANA STAND THAT INSPIRED ‘ARRESTED DEVELOPMENT’ HITS THE MARKET Sugar ‘n Spice, which originally opened in 1945, will be listed along with a mixed-use retail space. Read more → ARE APARTMENTS THE NEXT MESS FOR COMMERCIAL REAL ESTATE? The cracks in the commercial real estate market are widening from offices to apartment complexes, with more than $67 billion of the housing potentially distressed. Read more → HOTEL DEALS IMPLODE IN BAY AREA AND CALIFORNIA AS ECONOMY TURNS MURKY The market for hotel purchases has melted down in both the Bay Area and California. Read more → TODRICK HALL LISTS HIS CALIFORNIA MANSION FOR $7.3 MILLION The 8,000-square-foot house has five bedrooms, eight bathrooms and a spacious great room with glass walls that opens to the terraced backyard. Read more → TECH COMPANY AIMS TO BUY OLD FRY’S ELECTRONICS SITE IN SAN JOSE A tech company whose sales are on the rise has struck a deal to buy a big San Jose site where a Fry’s Electronics store once operated. Read more → ELECTRIC VEHICLE FIRM EYES SAN JOSE SITE NEAR GOOGLE VILLAGE FOOTPRINT A maker of electric vehicles is eyeing a possible business venture at a high-profile site in downtown San Jose. Read more → COULD OAKLAND RAIDERS’ FORMER TRAINING FACILITY HAVE A ROLE IN THE NEXT WORLD CUP? After sitting unsold and unwanted for months, the former Raiders training facility — a prime piece of East Bay real estate — has a buyer. Read more → SAN JOSE TO FIGHT DEVELOPERS USING ‘BUILDER’S REMEDY’ TO DOWNSIZE HOUSING PROJECTS Developers used a housing loophole to try to scale back housing proposals. Read more → ; Bay Area News Group Copyright © 2024 Bay Area News Group. All rights reserved. 75 E. Santa Clara Street, Suite 1100 | San Jose, CA 95113
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