San Jose office buildings flop into default in weak real estate marketEconomic challenges persist in the Bay Area office market, with two San Jose buildings facing loan delinquency.
Big San Jose office building heads to foreclosure after loan defaultSeismic shifts in the Bay Area office market due to the pandemic have led to loan defaults and foreclosure proceedings.The office building at 10 West Tasman Drive in San Jose is facing foreclosure due to delinquency on a $29 million loan.
Huge Sunnyvale tech campus is bought as Bay Area office market wiltsThe Bay Area office market faces challenges despite continued real estate interest.