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Empty tech campus in Santa Clara lands buyer for huge price discount

SANTA CLARA — A tech campus in Santa Clara has landed a new owner in a property purchase that suggests office market values are continuing to wobble at the start of 2025.Four Corners Properties, a Los Altos-based real estate investment firm headed up by Bruce Burkard, bought the office hub on Jay Street through an all-cash deal for just under $21.2 million, a Santa Clara County Recorder’s Office grant deed shows.Street-level view of a two-building office campus at 3250 through 3270 Jay Street in Santa Clara. (Google Maps)The price was one-fourth...
Currencies

Asian markets climb on hopes of China fiscal response to Trump tariffs | National

Asian markets climbed on Monday on hopes that China will announce a huge stimulus package that will help offset US President Donald Trump's looming tariffs against Chinese goods.Investors were also watching for any last-ditch deals to ward off the levies hitting Mexico, Canada and China due to come into force on Tuesday.Trump has confirmed 25 percent tariffs on products from Mexico and Canada, and further imposed another 10 percent on Chinese goods from this week."Traders are on edge for last-minute negotiations to sidestep US tariffs," said Stephen Innes, an analyst...
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