Day: September 25, 2023

Bridge Investment Sells Concord Place of work Setting up at 43% Decline

Christina Lobo

California Funds & Financial commitment Group has closed its offer to invest in a 15-story business tower in Downtown Concord for $40.5 million.

The Pleasant Hill-centered investment decision agency led by Phil Tagami and Leonard Epstein bought the 369,000-square-foot One Harmony Middle at 2300 Clayton Highway, the San Jose Mercury News noted. The seller was Utah-primarily based Bridge Financial commitment Team.

The July sale was previously noted by the San Francisco Business enterprise Occasions, but with out a price.  The newly unveiled selling price tag arrives out to $110 for each square foot.

Bridge acquired the office environment creating in

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China Is Comprehensive of Possibility For U.S. Companies

Christina Lobo

For a long time, America’s company chieftains observed China as a funds spinner. They gushed about its hundreds of hundreds of thousands of buyers, named it “one of the most important alternatives” and built predictions that this would be “China’s century.”

Now, those people executives have appear away from modern visits to the region with a extra sober perspective. Western businesses accomplishing business enterprise in China are going through pressures that were being unimaginable several many years in the past. The country’s overall economy is floundering, and its connection with the United States is strained. A

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The threat of wildfires is rising. So are new synthetic intelligence alternatives to fight them

Christina Lobo

LONDON (AP) — Wildfires fueled by climate change have ravaged communities from Maui to the Mediterranean this summertime, killing numerous people today, exhausting firefighters and fueling demand for new options. Enter synthetic intelligence.

Firefighters and startups are utilizing AI-enabled cameras to scan the horizon for signs of smoke. A German corporation is building a constellation of satellites to detect fires from space. And Microsoft is using AI designs to predict where the subsequent blaze could be sparked.

With wildfires getting to be larger and extra extreme as the environment warms, firefighters, utilities and governments are scrambling to get ahead

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