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

Published Tue, 12 Nov 2024 02:29:26 GMT

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.IHealth Labs has bought an office building at 880 West Maude Avenue in Sunnyvale, according to documents filed on June 9 with the Santa Clara County Recorder’s Office.Wizardly Holdings, an affiliate controlled by LinkedIn, a career-oriented social network, sold the office and research building, the county property files show.IHealth Labs paid $23 million for the building, according to the property records. San Jose-based IHealth offers a number of products, including a COVID-19 rapid test and an array of cutting-edge thermometers.The building totals about 40,900 square feet, information posted on the commercial real estate website Property Shark shows. The one-story structure occupies 2.6 acres and was built in 1975, according to the website.In 2015, the LinkedIn affiliate ...

Westfield pulling out of downtown San Francisco

Published Tue, 12 Nov 2024 02:29:26 GMT

SAN FRANCISCO (KRON) -- In another big blow to San Francisco's downtown, Westfield will be pulling out from operating San Francisco Centre's largest mall. The company had operated San Francisco Centre for more than two decades, but a steep decline in shoppers and an increase in "challenging operating conditions" heavily impacts sales numbers. A spokesperson for Westfield wrote Monday, "For more than 20 years, Westfield has proudly and successfully operated San Francisco Centre, investing significantly over that time in the vitality of the property. Given the challenging operating conditions in downtown San Francisco, which have led to declines in sales, occupancy and foot traffic, we have made the difficult decision to begin the process to transfer management of the shopping center to our lender to allow them to appoint a receiver to operate the property going forward."Westfield listed troubling performance numbers as reasons for its decision to leave San Francisco. Westfi...

Virginia’s Youngkin will travel to France to pay respects to D-Day fallen, visit Paris air show

Published Tue, 12 Nov 2024 02:29:26 GMT

RICHMOND, Va. (AP) — Gov. Glenn Youngkin will travel to France later this month to visit the gravesites of Virginia service members killed during World War II’s D-Day invasion and attend an international air show, his office announced Monday. The governor will be paying his respects at Point Du Hoc, Omaha Beach and the Normandy American Cemetery before attending 2023 International Paris Air Show, where he is scheduled to meet with aerospace principals, defense companies and other industry leaders, according to a news release. “With four of the top five major U.S. aerospace and defense leaders based in Virginia, I look forward to engaging with aerospace leaders at the Paris Air Show and reiterating our commitment to be partners in building a safer, more connected world. Virginia has the capabilities and talented workforce for all aerospace companies to expand and grow,” Youngkin said in a statement. The visit — which will run from Saturday to Tuesday, June 20 — will mark Youngk...

Naufragio de una embarcación turística en una cueva del canal de Erie, Nueva York, deja al menos una persona muerta

Published Tue, 12 Nov 2024 02:29:26 GMT

(CNN) — Una embarcación turística se volcó en una cueva subterránea del canal de Erie, en el norte del estado de Nueva York, este lunes, y dejó al menos una persona muerta y más 10 heridas, informaron las autoridades.Un total de 28 visitantes pertenecientes a un grupo turístico y un miembro del personal estaban a bordo del bote que operaba Lockport Cave and Underground Boat Ride cuando se desequilibró y se volcó, arrojando a todos los pasajeros al agua, según el jefe de bomberos de Lockport, Luca Quagliano.Un hombre quedó atrapado debajo del bote volcado y perdió la vida, señaló Quagliano en una conferencia de prensa este lunes. 16 personas fueron rescatadas por equipos de emergencia, mientras que otras pudieron navegar fuera del agua de manera segura, agregó.Al menos 11 personas fueron trasladadas a hospitales por lesiones que no representan un peligro para su vida, incluida una fractura de brazo y una posible lesión en la cabeza, dijo Quagliano. Señaló que el bote podía tran...

Bang! ABC/ESPN’s Breen enters rarified air in Game 5 of NBA Finals with 100th broadcast

Published Tue, 12 Nov 2024 02:29:26 GMT

Mike Breen is currently the dean of television announcers for the NBA Finals — and he is about to enter rarified air space.The ABC/ESPN announcer will reach another milestone on Monday night in Game 5 of the Denver-Miami series. It will be Breen’s 100th NBA Finals broadcast, making him the third basketball announcer on radio or television to reach that mark. He’ll be the sixth U.S. play-by-play voice to eclipse the mark, including the World Series and Stanley Cup Final.Breen missed the first two games of last year’s series due to COVID, which briefly delayed him from reaching the century mark.“I knew how many years I had done the finals, but I never put it into a specific number of games,” said Breen, who is calling his 18th championship series. “I would have never said 100. For some reason, to hear that number was surprising to me, and it’s not something even in my wildest dreams that I thought I could do.“I take it as an honor to reach that mark that I’ve been able to ...

Country singer Jimmie Allen accused in second sexual assault lawsuit, dropped by label

Published Tue, 12 Nov 2024 02:29:26 GMT

NASHVILLE, Tenn. (AP) — Country singer Jimmie Allen has been dropped by his record label as he faces a second sexual assault allegation.Allen’s skyrocketing career has come to a halt over two lawsuits, including one filed by his former day-to-day manager, who alleges Allen raped her and that his management team failed to protect her from his predatory behavior.BBR Music Group said in a statement Monday that the Nashville-based label “has dissolved its relationship with Jimmie Allen, he is no longer an active artist on its roster.”The first lawsuit, filed in May and first reported by Variety, accused Allen of sexual trafficking, battery and assault. It also accused the artist management company, Wide Open Music and founder Ash Bowers, of gross negligence and intentional infliction of emotional distress. Both plaintiffs are identified as Jane Doe in the lawsuits.The first accuser’s suit said the management team knew that Allen was sexually harassing her while she was assig...

Denver Nuggets add quite a chunk of change to Kroenke's net worth

Published Tue, 12 Nov 2024 02:29:26 GMT

DENVER (KDVR) -- The Denver Nuggets' performance will be a boost for owner Stan Kroenke, who owns billions in valuation of Colorado sports teams. All told, Kroenke's major league sports holdings among major U.S sports add about $3.4 billion in valuation to his net worth.There’s a chance this game could clinch the series and give the Denver Nuggets their first-ever NBA Championship. The Nuggets are heavily favored to win tonight's Game 5 of the NBA championships, playing at home where they have a 9-1 postseason record. The Miami Heat are facing a 3-1 loss record, which only one team of 36 has ever recovered from in a seven-game championship series. History greatly favors the Denver Nuggets for Game 5 Businessman Stan Kroenke, the world's 119th wealthiest man, is worth a collective $14.9 billion in 2023, according to a Bloomberg analysis. As the owner of not one but five different Colorado teams, Kroenke's wealth has a bigger foothold in Colorado sports than anyone alive. In addit...

Denver acts fast to remove new encampment from site of prior machete attack

Published Tue, 12 Nov 2024 02:29:26 GMT

DENVER (KDVR) — The city of Denver's response on Monday to a report of a homeless encampment downtown was much better compared to a few months ago.Last week, the Problem Solvers shared the story of a machete attack committed by a homeless man against the owner of a methadone clinic at 2217 Champa St. Nurse testifies against plastic surgeon in patient’s death In that incident, the owner and the manager of the Comprehensive Behavioral Health Center had called Denver's non-emergency dispatch and made an online report about a homeless tent outside the business on Feb. 6 but received no response from the city.The owner, Lou Charara, called 911 again on Feb. 8 to complain about the homeless tent. As he was on the phone, he was attacked by a machete-wielding man, who had been living in the homeless tent.The attacker still has not been caught.New encampment at machete attack siteOver the weekend, a new encampment of five tents popped up outside the methadone clinic.Roman Oleksyn, manager ...

Shuttle buses to replace trains through end of service after Green Line train derails at Packard’s Corner

Published Tue, 12 Nov 2024 02:29:26 GMT

A trolley derailment along the Green Line’s B Branch prompted major disruptions for commuters Monday, with shuttle buses set to replace train service along a large section of the line through the end of service for the day, according to the MBTA. The transportation authority said around 2:10 p.m. that what was first reported as a disabled train turned out to be a derailed trolley at Packard’s Corner.As crews respond, officials said service between Blandford Street and Washington Street stations would be replaced with shuttle buses, in the meantime.“Expect delays as Buses are dispatched,” the MBTA said in a tweet.In an update 30 minutes later, officials said the switch to shuttle bus service had been extended to between Kenmore and Washington Street, while noting that Route 57 buses would provide free rides to passengers, in the meantime.Two dozen personnel were on scene as of around 5 p.m. working to get the train back on its tracks.By 6 p.m., the train had be...

Judge orders Falmouth pickleball courts closed after neighbor complaints

Published Tue, 12 Nov 2024 02:29:26 GMT

A set of pickleball courts on Cape Cod are closed for the time being after neighbors complained about noise from the popular game. The group in Falmouth had a sound study conducted and hired an attorney after they said the noise in the area was unbearable. A Barnstable Superior Court Judge then ordered the courts closed. “It’s a piercing sound,” said area resident Jon Churchill of the pickleball sound. The pickleball courts in question are situated at the Lawrence School in Falmouth. Churchill lives 80 feet from the courts and can see them from his backyard. “I wear headphones, sometimes, when I’m outside,” he said. “I can’t sit on the deck. I haven’t sat on the deck in two years.”Fellow area resident Dustin Fauth said he can’t escape the sound. “Inside our house, it goes through the windows, kind of through the walls,” Fauth said. “Our bedroom actually faces it so, laying down, taking a nap, going to bed at night, it would be constant ‘Pop, pop, pop.’”...