Thu05262016

Business & Real Estate

Transactions

Los Altos

73 Third Street No. 11, Hau Trust to Mendez Trust for $1,407,500

10625 Eloise Circle, M. & J. Jones to Crackchau Limited for $2,800,000

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Prevention outweighs cure in investment portfolio health

One of Benjamin Franklin’s well-known aphorisms – “An ounce of prevention is worth a pound of cure” – applies to the world of investing.

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Realtors trek to Sacramento for Legislative Day


Courtesy of Silicon Valley Association of Realtors
Approximately 50 members of the Silicon Valley Association of Realtors traveled to Sacramento to speak with their state legislators about real estate-related issues.

Silicon Valley realtors joined more than 2,000 statewide realtors April 27 in Sacramento for the annual California Association of Realtors Legislative Day – when realtors meet with legislators to discuss issues affecting their clients and industry.

Gov. Jerry Brown announced during the morning briefing that the state’s economy is currently performing well, thanks to the business sector.

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'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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