News Formal

Bay Area real estate deal tied to LinkedIn hints at wobbly real market

  • 📰 mercnews
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 68%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

A LinkedIn property deal in Sunnyvale hints at weak commercial property values in a wobbly office market that’s under siege under multiple fronts.

SUNNYVALE — A LinkedIn property deal in Sunnyvale hints at weak commercial property values in a wobbly office market that’s under siege by tech sector job cuts and reductions in space footprints.

Wizardly Holdings, an affiliate controlled by LinkedIn, a career-oriented social network, sold the office and research building, the county property files show.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 88. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bay Area company fined for falsely receiving PPP loansThe San Mateo-based company qualified for the loans by falsely claiming it had fewer than 500 employees and that it saw a dip in profits during the COVID-19 pandemic, according to the DOJ.
Source: sfexaminer - 🏆 236. / 63 Read more »