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San Jose office and retail building hits sales block after foreclosure

Published Wed, 25 Dec 2024 05:12:54 GMT

SAN JOSE — A San Jose building seized through foreclosure has landed on the sales block, a potential deal that may provide clues about the strength — or weakness — of the office market.The development, located just south of downtown San Jose, was never completed and toppled into a loan default and eventual foreclosure, raising questions about the prominent property’s future.Now, Meacham Oppenheimer, a commercial real estate firm, is attempting to sell the office and retail complex on behalf of its current owner, the lender for the property.“We are showing the property regularly now,” said David Taxin, a principal executive and partner with Meacham Oppenheimer. “We have gotten fairly good interest from buyers.”The two-building complex totals about 15,500 square feet and occupies a very visible site next to a busy stretch of Monterey Highway between Umbarger Road and Lewis Road.The developer and prior owner of the complex had obtained $6...

Borenstein: Even Bay Area congressional reps question BART’s fiscal folly

Published Wed, 25 Dec 2024 05:12:54 GMT

As BART hurls toward what it calls a fiscal cliff, one would expect the transit system to tap the brakes. Instead, its leaders are pressing the accelerator while insisting that Bay Area residents pay for a bridge over the rapidly approaching abyss.It’s fiscal recklessness that, if not stopped, could cost residents billions in higher taxes and bridge tolls. The good news is that six Bay Area members of Congress last week started questioning this insanity.In a letter to Gov. Gavin Newsom and the leaders of the state Senate and Assembly, Reps. Mark DeSaulnier, Anna Eshoo, Barbara Lee, Eric Swalwell, Mike Thompson and John Garamendi voiced “strong concerns” about a proposed $1.50 Bay Area bridge toll hike to bail out BART and other transit agencies.The letter from the six, all labor-friendly Democrats, indicates that the union-driven BART board majority is pushing the envelope beyond even what some of its allies can stomach.Congressional ethics rules prevent House members from explicitl...

Opinion: Moving beyond thoughts and prayers to solutions on guns

Published Wed, 25 Dec 2024 05:12:54 GMT

All of California’s gun control laws couldn’t save Jose Hernandez III, one of the nine victims of the Valley Transportation Authority mass shooting. Despite our best efforts to achieve gun safety, there is still a catastrophic cost. It is a bill we all must pay.In California, we have a 10-day waiting period to purchase a gun. It’s illegal for anyone who doesn’t have a license to carry a gun in public. To buy a handgun, you must be at least 21. Yet guns are California’s third leading cause of death among kids. A gun suicide occurs every six hours. A mass shooting leaves an innocent person, such as Jose Hernandez III, dead every eight days. It’s always a terrible price to pay. Jose was a family man, a master mechanic and a guitarist in his church band. A disgruntled employee with a semiautomatic handgun killed Jose and eight others just a five-minute walk from my office.If our gun laws are so strict, why is there still so much bloodshed? As a district att...

Marin County man arrested for suspected hate crimes twice in six days

Published Wed, 25 Dec 2024 05:12:54 GMT

A Novato man was arrested on stalking and hate crime allegations.Brian Collins, 59, of Novato was arrested around 2:30 p.m. Saturday. Police said he was repeatedly harassing the victim by making threats and using racial epithets.Collins was free on bail in connection with another hate-crime-related arrest. Police said he attempted to hit a bicyclist on Fourth Street on Aug. 2. The suspect, who accused the cyclist of stealing his bike, threatened to kill the cyclist and used racial epithets, according to police.Related ArticlesCrime and Public Safety | New wave of antisemitic flyers on East Bay trail adds to hate-crime ‘heat map’ Crime and Public Safety | Elon Musk threatens to sue researchers who documented the rise in hateful tweets Crime and Public Safety | LGBTQ+ Russians fleeing Kremlin’s anti-gay propaganda seek safe haven in California Crime and Public Safety | Arrest made in spate of Tracy-area taqueria va...

Truck theft suspect arrested after alleged burglary, carjacking in Walnut Creek

Published Wed, 25 Dec 2024 05:12:54 GMT

(BCN) -- A suspect was arrested Wednesday after a busy afternoon during which he allegedly committed crimes in Walnut Creek, unincorporated Walnut Creek, and Pleasant Hill. The man started by allegedly trying to use a hammer to burglarize a home on Birch Drive, near Treat Boulevard, in unincorporated Walnut Creek, Walnut Creek police spokesperson Lt. Holley Connors said. Fire causes heavy smoke near Port of Oakland The suspect then allegedly committed a carjacking on Treat Boulevard before dumping the vehicle at approximately 1:59 p.m. on West Holly Drive in Walnut Creek. The man is then suspected of stealing a landscaper's van. The shirtless suspect was apprehended 45 minutes later on Hookston Street in Pleasant Hill, police said. Copyright © 2023 Bay City News, Inc.

Man hit, killed by truck on Hwy 101 near Morgan Hill

Published Wed, 25 Dec 2024 05:12:54 GMT

(BCN) -- A 36-year-old Riverside man died Wednesday after he was hit by a box truck while standing on the shoulder of U.S. Highway 101 near Morgan Hill, according to the California Highway Patrol. The man was securing something to his vehicle on the side of westbound 101 south of San Martin Avenue, where the collision occurred about 12:30 p.m., CHP Officer Alfredo Uribe said. For unknown reasons, the truck swerved onto the shoulder of the road and hit the man. Fire causes heavy smoke near Port of Oakland He was taken to a hospital but died from his injuries. His name has not been released. The collision is under investigation, but the CHP said it's not believed that alcohol or drugs were a factor.Copyright © 2023 Bay City News, Inc.

Real Madrid goalkeeper Courtois tears knee ligament, will undergo surgery

Published Wed, 25 Dec 2024 05:12:54 GMT

MADRID (AP) — Real Madrid was dealt a major blow on Thursday when goalkeeper Thibaut Courtois tore a ligament in his left knee, just two days before the team’s first game of the season.The club said its star goalkeeper will require surgery, meaning that he will likely be out for a large part of the campaign. Local media reported that the injury occurred during training.The injury comes after an offseason that featured the exit of striker Karim Benzema, with the club having yet to sign a replacement.The 31-year-old Courtois has been a pillar of Madrid’s success since he arrived from Chelsea in 2018. His saves provided the perfect counterpoint to Benzema’s goals. The Belgium international helped Madrid win the Champions League in 2022, Spanish league titles in 2020 and 2022, and last season’s Copa del Rey.Previously, Courtois helped Chelsea win two Premier League titles and an FA Cup. Before his stint in London, he played for Real Madrid’s rival, Atletico...

Second day of joint practices between Jets, Panthers cancelled due to inclement weather in SC

Published Wed, 25 Dec 2024 05:12:54 GMT

SPARTANBURG, S.C. (AP) — The second day of the joint practices between the New York Jets and Carolina Panthers at Wofford College has been cancelled due to lightning and rain in the area.The joint practice will not be rescheduled.The Jets and Panthers will meet Saturday in a preseason game at Bank of America in Charlotte, North Carolina.Despite the cancellation, the Jets plan to practice on their own later Thursday morning at Gibbs Stadium on Wofford’s campus.The Panthers won’t practice, putting a wrap on this year’s training camp. The team will practice in Charlotte for the remainder of the summer leading up to the regular season.The two teams went through a two-hour, full-padded practice on Wednesday, which Panthers coach Frank Reich called productive.___AP NFL: https://apnews.com/hub/nflSource

Denison Mine: Q2 Earnings Snapshot

Published Wed, 25 Dec 2024 05:12:54 GMT

TORONTO (AP) — TORONTO (AP) — Denison Mine Corp. (DNN) on Thursday reported earnings of $45,000 in its second quarter.The Toronto-based company said it had profit of less than 1 cent on a per-share basis.The uranium mining company posted revenue of $2.6 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DNN at https://www.zacks.com/ap/DNNSource

Illumin: Q2 Earnings Snapshot

Published Wed, 25 Dec 2024 05:12:54 GMT

TORONTO (AP) — TORONTO (AP) — Illumin Holdings Inc. (ILLM) on Thursday reported a loss of $4.2 million in its second quarter.The Toronto-based company said it had a loss of 7 cents per share.The provider of digital advertising services posted revenue of $24.7 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ILLM at https://www.zacks.com/ap/ILLMSource