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October 22, 2020
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BAY AREA NEWS
Archive
1  | 2  | 3  | 4  | 5  | 6  | 7  | 8  | 9  | 10  ...  108
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• Vertical Ventures Makes $45 Mil Silicon Valley Acquisition
8/24/20
Vertical Ventures acquired Sycamore Technology Center, a three-building, 213.5k sf office/R&D campus in Milpitas, for $45.5 mil ($213/sf). The asset was sold by a joint venture between affiliates of Westport Capital Partners ...
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• Miramar Capital and Machine Investment Group Buy 165k sf Office Campus in San Jose
8/18/20
Miramar Capital and Machine Investment Group have teamed in the purchase of Stevens Creek Executive Park, a five-building, multi-tenant, mixed-use asset totaling 165.5k sf of office and retail space with additional entitlemen...
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• Trion Properties Purchases 80-Unit Multifamily Property in the Bay Area
8/14/20
Trion Properties has acquired Creekside Apartments, an 80-unit multifamily community in San Leandro, for $20.5 mil, or about $256.3k/unit. The property is located at 424 Callan Ave, west of I-580. Built in 1969, Creekside Ap...
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• Architectural Services Firm AO Acquires Sunnyvale-Based WHL Architects
8/12/20
Architectural services firm AO has launched a new design studio, AO Science + Technology, following its acquisition of WHL Architects, a Sunnyvale-based science and technology design firm founded in 1987 by Douglas White, AIA...
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• Trammell Crow Company Acquires 24 Acres in NoCal for Industrial Development
8/07/20
Trammell Crow Company (TCC) has acquired a fully entitled 24-acre site in Morgan Hill, CA, on which the firm is planning to develop up to 440k sf of light industrial space across five Class A buildings. The currently undevelo...
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• Alta Housing Starts Work on Affordable Res Community in Mountain View
8/04/20
Alta Housing has just broken ground on a 100% affordable residential rental community at 950 W. El Camino Real in Mountain View. The new 71-unit residential development will provide independent living for a mix of single- and...
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• Investors Trade Three Bay Area Multifamily Properties in Deals Totaling $34.3 Mil
8/03/20
Three Bay Area multifamily properties that were part of a six-property portfolio were acquired by one buyer in separate deals totaling $34.32 mil. The properties are in Sunnyvale, Los Gatos and San Jose. The three properties...
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• Transwestern Real Estate Services Awarded Property Management and Office Leasing Duties for Historic Oakland Tower
8/03/20
Jordan Real Estate Investments has awarded the property management services for the Central Building in Oakland to Transwestern Real Estate Services. The agreement includes leasing of the office space at the building, located...
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• Westcore Buys 155k sf Warehouse/Cold Storage Facility in Oakland
7/31/20
San Diego-based Westcore has purchased a 155k sf warehouse and cold storage facility in Oakland. The acquisition was made with a $15 mil loan arranged by CBRE Capital Markets’ Debt & Structured Finance team. Located at 8380 ...
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• Kennedy Wilson’s Latest NoCal Res Community is Now Welcoming Tenants
7/27/20
38° North, a newly constructed, 120-unit apartment community in the Bay Area city of Santa Rosa, has opened to the public with new tenants starting to move in. The residential project, a development of Kennedy Wilson, is nest...
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• Pulte Homes Buys 11 Acres on the San Francisco Peninsula
7/15/20
Pulte Homes purchased 11 acres of land positioned between San Francisco and Silicon Valley for redevelopment into a residential neighborhood of 190 homes. The property was sold by Strada Investment Group in a deal we’ve been ...
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• CBRE Global Investors Purchases Historic Office Building in San Francisco’s SoMa Neighborhood
7/14/20
A fund sponsored by CBRE Global Investors has acquired 123 Townsend Street, a 137.6k sf office building in San Francisco’s SoMa neighborhood. While the actual sale price was not given out and there have been some higher numbe...
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• CBRE Global Investors Buys 369k sf Class A Office Asset in San Jose
7/13/20
CBRE Global Investors has acquired 237@First, a two-building, 369k sf Class A office complex in North San Jose. The LEED Gold-certified buildings were sold by a partnership between PCCP and South Bay Development in a deal sai...
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• Second Quarter 2020 Comps on Eight Multifamily Sales in San Francisco
7/13/20
Here’s a rundown of eight San Francisco multifamily sales totaling $48 mil that closed in the second quarter of 2020. The deals, all brokered at least in part by Colliers International San Francisco pros James Devincenti, Bra...
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• Jewell Capital LLC Finds a Jewel in $22.5 Mil Bay Area Retail Purchase
7/09/20
Del Norte Marketplace, a fully leased, 64.3k sf pharmacy-anchored shopping center located in the San Francisco Bay Area community of El Cerrito, was acquired by Miami-based Jewell Capital LLC in a recent $22.5 mil deal. The t...
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• Barrett Block Partners Spends $132 Mil for San Jose Office Tower
7/02/20
Barrett Block Partners, out of Burlingame, has purchased a 15-story, 229k sf office tower in San Jose for about $132 mil ($575/sf). The building, located at 160 W. Santa Clara St, was sold by Beacon Capital Partners. The hig...
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• Two CA Multifamily Assets Land Freddie Mac Refi Loans Totaling $208 Mil
7/02/20
In recent residential refi transactions of note, we’ve got the scoop on two CA Freddie Ma property loans totaling about $208 mil. The deals, both arranged by NKF’s Multifamily Capital Markets team, were for assets at both end...
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• Kennedy Wilson Fund VI Spends $53.5 Mil on 257k sf of Properties in South San Jose
7/01/20
Kennedy Wilson Fund VI, a commingled fund managed by Kennedy Wilson, has acquired five single-story R&D buildings and a two-story office building totaling 257k sf in South San Jose for $53.5 mil ($208/sf). The institutional q...
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• BioMed Realty Lands $165 Mil in Financing on Emeryville Life Science Building
7/01/20
BioMed Realty has obtained $165 mil in financing for 5300 Chiron Way, a 303.5k sf, Class A life science building in Emeryville. The building is located within BioMed Realty’s campus, known as the Emeryville Center of Innovati...
more » 

• Bridge Development Partners Starts Work on 534k sf Industrial Facility in Oakland
7/01/20
Bridge Development Partners LLC has broken ground on Bridge Point Oakland - a 534.2k sf facility at 5441 International Blvd in Oakland. Once completed, the facility will be the single largest industrial development in the Cit...
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