Fri05062016

Business & Real Estate

'Steampunk' eatery toasts local libations


Courtesy of Eureka
Eureka, a new restaurant in downtown Mountain View, highlights local craft beer and whiskeys on a menu of food spanning from sea to farm.

Craft beer and fancy whiskeys headline the menu at Eureka, the new restaurant that opened last week at 191 Castro St. in Mountain View.

While deluxe burgers and truffle fries take their obligatory (and tasty) place on the menu, the offerings span from lobster tacos to slow-roasted pork rib. Part of a chain expanding rapidly across the western U.S., Eureka aims to capture the craft trend that celebrates super-local alcohol with a menu streamlined across corporate locations.

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Transactions

Los Altos

754 Edge Lane, EE-CALL Limited to Gollnick Trust for $2,020,000

35 Los Altos Square, N. Walsh to Snow Trust for $1,485,000

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First Friday promotes downtown


Town Crier File Photo
Musicians and dancers partake of First Friday festivities at a previous event.

Carol Garsten and Jamie Lucia are full of enthusiasm as they discuss ideas for improving and promoting the monthly First Friday gatherings in downtown Los Altos.

This month’s event, scheduled 6-8 p.m. Friday, will feature a variety of merchant promotions, live entertainment from six local bands, complimentary refreshments and a scavenger hunt.

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Business Brief

City hosts discussion with local merchants

Los Altos Economic Development Manager Jennifer Quinn has scheduled a Business Coffee Chat with merchants 12:30-2 p.m. Tuesday at Curves, 2069 Grant Road, Los Altos.

Quinn will present a summary of current economic development activity, and she invites business owners to share their obstacles and requests for city support.

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Farmers prepare to market season's bounty


Alicia Castro/Town Crier
Journeyman farmer Jen Friedlander waters Hidden Villa’s greenhouse plants, which will grow stronger in the controlled indoor environment before being transferred to the field outdoors.

Around Hidden Villa, the greenhouse is known as the “year in miniature.”

Tomatoes, peppers, eggplants and the like flourish as small starter plants in the muggy heat – eventually to be transferred to the ground outdoors in warmer days and then harvested at peak ripeness.

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Transactions

Los Altos

1554 Clay Drive, T. & V. Leborgne to K. Rao for $2,740,000

4388 El Camino Real No. 228, E. Mack to Evergreen Emerald Jade Trust for $1,326,000

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Consequences of negative interest rates vary

Since the crisis of 2008, the U.S. Federal Reserve has used quantitative easing to stimulate the economy. This approach involves purchasing a significant volume of bonds to drive up bond prices and reduce interest rates, with the expectation that lower rates will stimulate demand for more borrowing and consequently more liquidity flowing throughout the economy.

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