More News…The City of Palo Alto Tax Increase

Palo Alto council members voted 6-1 during a special meeting on Wednesday August 10th only two days before the deadline to place a 7.5 cent tax per square foot of office space for all non-exempt businesses above 10,000 square feet. The tax measure includes an annual cap of $500,000 annually, and a flat

August 16th, 2022|Legislative-Local|

City of Sunnyvale to consider Transfer Tax

To deter yet another Silicon Valley City Tax, NAIOP Silicon Valley urges all members to call or email the Council Members of the City of Sunnyvale to discourage yet another tax without proper outreach with commercial property owners. The City Council of Sunnyvale sponsored a study issue to explore a 2022 General Election ballot measure to modify

July 25th, 2022|Legislative-Local|

Warehouse Bill Stalled…For Now

The California State Legislature is now on recess and there is big news about the Warehouse Bill – AB 2840 (Reyes), which stalled in the Assembly Governance and Finance Committee last week.  Below is a statement from Matthew Hargrove, President and CEO of California Business and Properties Association.

July 6th, 2022|Legislative-Statewide|


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