Archive for December 2022
Sears Hometown Stores will close Auburn location after filing for bankruptcy
Inventory will be liquidated at the retailer’s 121 remaining stores, CEO Elissa Robertson said in a bankruptcy petition.
Midtown Association temporarily reopening 20th Street to traffic for repairs, evaluation
A block in Midtown that has been closed to traffic since the early days of the pandemic is expected to be temporarily reopened, the Midtown Association announced Thursday.
Southwest expects to resume Friday schedule with ‘minimal disruptions’
In a message to those with tickets for Friday, Southwest advised travelers to check their flight statuses “regularly.”
Medical device maker Teleflex to shutter Pleasanton, Livermore facilities
Teleflex’s NeoTract Inc. will close down its 75,000-square-foot facility.
Laid off startup workers are selling private stock at sharp discounts
The surge in sellers is pushing prices down at a time when sky-high valuations are being questioned and many venture-backed companies are cutting jobs.
After appeal, East Bay drugmaker snares FDA do-over for dialysis patient drug
A conclusion to the company’s rollercoaster journey to win approval of a drug for a subset of chronic kidney disease patients appears closer. But its stock opened down Thursday.
Badiee Development sells two new industrial buildings in Metro Air Park to Canadian firm BentallGreenOak
Two new industrial buildings in Metro Air Park that sold recently aren’t the behemoths of recent years, but they’re a good sign for the sector overall, according to a broker on the deal.
5 things to know today: Chipotle opens new location in Arden-Arcade
Here’s what you need to know today.
Appellate court suggests halting redevelopment of Berkeley’s People’s Park over CEQA concerns
The court asserted the university had not taken into account the potential social impact of its plans on existing Berkeley residents. The precedent the project will set could have implications for development Bay Area-wide.
Here’s what we think will happen in local real estate and development in 2023
Another year has just about wrapped up, so this seems an appropriate time to look ahead at 2023 and try to soothsay what might happen.