Sat07042015

Business & Real Estate

Company installs EV charging stations at LAHS

07 01 15 SCH EVCharge 2981 fmt
Courtesy of Green Charge
Officials from Los Altos, Los Altos Hills and the Mountain View Los Altos Union High School District celebrate the installation of electric-vehicle charging stations at Los Altos High last week.

The Mountain View Los Altos Union High School District has found a new way to go green.

District officials recently authorized the installation of electric vehicle (EV) charging stations at Los Altos High School, capable of serving up to six cars at once. Green Charge Networks also installed an intelligent energy storage system last month and will share the expected energy savings with the district. There’s no upfront cost to the district for either component. 

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Property-tax valuations are coming, and they'll be high in Los Altos

07 01 15 BIZ  Los Altos  Median Sales assessor fmt
Price per square foot in Los Altos, 2008-2015

When homeowners receive their assessed home values this week, Los Altos area residents will see a nearly complete rebound from the recession and a continuing overall growth spurt.

The story isn’t the same in harder-hit regions such as Gilroy and Alum Rock, which continue to climb out from under the big price drop that began in 2008 – but still haven’t met their previous peak.

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Greece plays into short week

With the dog days of summer approaching, investors face a short workweek – the markets are closed Friday in observance of Independence Day.

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Transactions

Los Altos

100 First Street No. 101, Los Altos8 Limited to I. & D. Plut for $1,399,000

100 First Street No. 213, Los Altos8 Limited to A. Mort for $390,000

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Thai Silks shutters Los Altos store this month


Megan V. Winslow/Town Crier
After more than 50 years in business in downtown Los Altos, Thai Silks is closing up shop at 252 State St. by the end of the month. The store will continue to offer its inventory online and via phone.

A longtime downtown business is leaving Los Altos.

Thai Silks, established in 1964, is scheduled to close its store at 252 State St. by the end of the month and continue as an online and over-the-phone business.

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Timing the market is risky

The Dow Jones industrial average rose slightly last week, primarily because the U.S. Federal Reserve indicated that interest-rate increases might come slower than previously thought. But the financial crisis in Greece – including the country’s debt load and rocky relationship with the eurozone – continues to burden Wall Street.

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Transactions

100 First Street No. 101, Los Altos8 Limited to I. & D. Plut for $1,399,000

100 First Street No. 213, Los Altos8 Limited to A. Mort for $390,000

Read more...

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