George Avalos
San Jose Mercury News
San Francisco Bay Area, CA, United States
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Recent articles by George:
Oakridge mall widens holdings at San Jose retail hub
Coupled with a purchase earlier this year of a parcel on Blossom Hill Road, Oakridge Mall’s owner has gained a widening ownership grip at the south San Jose retail center. → Read More
PG&E emerges from bankruptcy, pays $5 billion into wildfire fund
PG&E emerged from bankruptcy on Wednesday, closing the latest chapter in a decade-long series of crimes, calamities, wildfires, explosions, and fatalities unleashed by the disgraced utility -- yet the court case ends with PG&E saddled by $38 billion in debt. → Read More
Coronavirus: San Jose airport travel jumps, anti-virus measures widen
San Jose International Airport is experiencing a steady rebound in air travel, the city's aviation director said Wednesday, just as the facility has dramatically intensified its efforts to combat and curb the coronavirus. → Read More
Boom! $364 million in downtown San Jose property deals close in one day
nvestors have bought the One South Market residential tower, the 160 W. Santa Clara St. office tower, and Museum Park apartments, all located in downtown San Jose. → Read More
Big downtown San Jose office tower is bought, showing Silicon Valley market strength
A prominent downtown San Jose office tower has been bought in a deal that shows investors continue to hunger for choice properties in the central business district of the Bay Area's largest city. → Read More
Green company Bloom Energy hires Carl Guardino as key exec
Carl Guardino will take on a new role as Bloom Energy’s executive vice president, government affairs and policy, on Aug. 3. → Read More
Big office north San Jose office buildings are bought by Florida investors
Two big buildings in a north San Jose office complex have been bought by investors from Florida who said they wanted to grab the sites even amid worries spawned by the coronavirus. → Read More
Downtown San Jose office tower unveiled, contains coronavirus-era features
A dramatic new office tower is being eyed in downtown San Jose, a highrise that would be crafted with elements that contain safety features and amenities for the coronavirus era. → Read More
Raiders warn of East Bay layoffs amid exit to Las Vegas
Nearly 500 jobs based in the East Bay are slated to be chopped by the Raiders, but it’s also clear from the job titles listed in the local layoffs that potentially hundreds of those jobs will… → Read More
Investors buy San Jose property after selling key Google village site
In May, a trust led by Ilya Neitvestny, the owner of Pawin’ Around, a now-shuttered dog daycare in downtown San Jose, sold the property for the canine care business to Google, and now the tru… → Read More
Investors buy San Jose property after selling key Google village site
A family trust that sold to Google the site of a dog daycare in downtown San Jose has used some of the proceeds from that transaction to buy a retail property a few miles away in the popular Willow Glen commercial district. → Read More
Big Fremont industrial park launches major expansion, will add electric vehicle chargers
Pacific Commons South offers buildings for advanced manufacturing, research, and warehouse operations, and when complete, the complex is expected to total 1.7 million square free and occupy 150 acr… → Read More
Coronavirus economy: California gains jobs during May in big rebound
California's suddenly improving economy banished two months of catastrophic declines in its employment market linked to the coronavirus and muscled up for a huge gain in jobs during May, government officials reported Friday. → Read More
Coronavirus travel: San Jose airport passenger traffic zooms higher
An estimated 40,300 people passed through TSA checkpoints at San Jose International Airport during May, compared with 18,500 that passed through the checkpoints during April. → Read More
Downtown San Jose apartment project planned near Google village
Urban Catalyst, an up-and-coming developer in Silicon Valley, has proposed a 157-unit apartment complex near the corner of West San Carlos Street and Gifford Avenue in downtown San Jose, a short di… → Read More
California unemployment: Jobless claims fall amid coronavirus re-openings
A jaw-dropping 5.43 million California workers have filed first-time claims for unemployment benefits, a grim milestone reached almost exactly three months since state and local government official… → Read More
Intuitive Surgical wheels and deals for Sunnyvale properties
Intuitive Surgical has widened its holdings in Sunnyvale with the purchase of some older industrial buildings, fresh evidence that the major player in cutting-edge medical equipment has yet to slake its thirst for sites in Silicon Valley. → Read More
Intuitive Surgical wheels and deals for Sunnyvale properties
In two recent deals, one completed in April and the other in June, Intuitive Surgical paid a combined total of $12.7 million for buildings near the corner of Kifer Road and Commercial Street in Sun… → Read More
Coronavirus economy: South Bay job market tops East Bay, S.F. metro
Despite mammoth job losses, Santa Clara County's job market has fared better -- because it suffered the smallest employment declines -- compared with the East Bay and San Francisco-San Mateo region amid coronavirus-linked business shutdowns, a new analysis shows. → Read More
PG&E pleads guilty to killing 84 people in Butte County wildfire criminal case
PG&E pleaded guilty to 84 counts of involuntary manslaughter, placing the utility in the grim pantheon of America’s deadliest corporations, and perhaps the worst corporate criminal ever. → Read More