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March 29, 2024
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BAY AREA NEWS
Archive
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• Hines Global REIT Closes $180 Mil San Francisco Office Buy
9/06/12
Hines Global REIT has acquired 550 Terry Francois, a 282.8k sf office building in San Francisco’s Mission Bay district. The LEED® Gold-certified building was sold for $180 mil by a wholly owned subsidiary of GLL Real Estate P...
Price: $4.99
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• Highland Realty Capital Arranges Mystic-al Refi for Unique San Francisco Hotel Property
8/31/12
In a notable financing deal from San Francisco, Highland Realty Capital arranged a $9.4 mil non‐recourse loan on The Mystic Hotel By Charlie Palmer located in the city’s popular Union Square. The proceeds were used to t...
Price: $4.99
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• TMG Sells More Properties in San Francisco’s SOMA District
8/30/12
TMG Partners and its venture partners continue to sell properties in San Francisco’s SOMA District. In the latest deal TMG and partner Rockwood Capital sold two office buildings located at 680 Folsom Street and 50 Hawthorne S...
Price: $4.99
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• Investor Picks Up UPS Facility in San Leandro
8/29/12
An 11.65-acre industrial property fully leased on a long-term basis as a UPS Ground Freight facility in San Leandro was acquired by a private institutional investor. Located at 3050 Teagarden St, the property is situated jus...
Price: $4.99
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• TMG Partners/Farallon Capital Management Sell SOMA Office Building
8/28/12
A 76.5k sf office building in San Francisco’s South of Market (SOMA) District was acquired by a private investor. The building is located at 208 Utah St, a block off the 101 Fwy and just a few blocks west of Mission Bay. Th...
Price: $4.99
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• NoCal Retail Briefs
8/24/12
COLMA (San Mateo County) -- Office Depot leased 14.4k sf of end cap space in the former Magnolia Hi-Fi space at the 280 Metro Center. 280 Metro is located at Colma Blvd and Junipero Serra Blvd and is owned by Kimco Realty Cor...
Price: $4.99
Executive Subscriber Price: Free
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• Cassidy Turley Investment Trio Lands 666k sf of Bay Area Listings
8/23/12
Robert Gilley, Steve Hermann and Eric Fox of Cassidy Turley’s San Francisco and San Jose offices have landed three major Bay Area investment offerings totaling 665.9k sf in seven existing buildings (plus additional entitlemen...
Price: $4.99
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• Westcore Properties Closes $46 Mil Bay Area Ind Buy
8/21/12
In its second major acquisition in less than a month, San Diego-based Westcore Properties has purchased Kato Industrial Park, a 673.2k sf property in Fremont, for $45.6 mil ($68/sf). The purchase follows Westcore’s $9.5 mil a...
Price: $4.99
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• 69k sf San Francisco Office Building Becomes a Downtown Property
8/17/12
Downtown Properties Holdings recently closed on the acquisition of a 68.7k sf office building located at 1161 Mission St, in the heart of San Francisco’s Midmarket (Midma) area. The five-story property is two blocks from Twi...
Price: $4.99
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•  Bishop Ranch Sees a Pickup in Leasing Activity
8/14/12
Bechtel Communications, along with about 20 other, smaller firms, recently inked leases totaling 50.5k sf of space at Bishop Ranch, the large, mixed-use business campus in San Ramon. Bishop Ranch is owned by Sunset Developmen...
Price: $4.99
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• Blackrock Venture Pays $35 Mil for Bay Area Retail Center
8/09/12
Rossmoor Shopping Center, a 107.6k sf, grocery-anchored community center in Walnut Creek, sold for $35 mil, or about $325/sf. The buyer was a joint venture of Blackrock, Citivest Real Estate and Tallen and Keshen Holdings. L...
Price: $4.99
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• Foster City Office Building Expected to Sell for $180 Mil
8/09/12
A 10-story office property in Foster City is expected to trade hands in a deal worth $610 per sf. The 13-year-old property, a 295k sf building at 303 Velocity Way, is currently being used as the corp HQ by Electronics for Ima...
Price: $4.99
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• Commercial Capital Holdings Parks $12.5 Mil in San Francisco Garage
8/08/12
Commercial Capital Holdings LLC has acquired a garage property at 433 Mason Street in San Francisco for $12.5 mil. The property was sold by a local family that was represented by CBRE’s David Noravian and Don LeBuhn. Locat...
Price: $4.99
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• San Francisco Peninsula Market Still Benefiting from an Improving Economy
8/07/12
The San Francisco Peninsula and surrounding metro area continues to benefit from an improving national economy and commercial real estate market. While the office market has taken a bit of a breather, with more moderate leasi...
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• Bay Area Rental Demand Begins to Spill into the East Bay
7/25/12
Job creation throughout the Bay Area, as well as lingering effects of the housing crisis, have heightened demand for apartments in the East Bay, leaving developers scrambling to catch up, according to Marcus & Millichaps’ Thi...
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• AEW Acquires 126k sf Silicon Valley Office / R&D Property
7/24/12
AEW Capital Management acquired a two-building, 126.2k sf office / R&D asset located at 3000 and 3030 Orchard Pkwy in San Jose on behalf of one of its institutional clients. The property was sold by DivcoWest, a privately own...
Price: $4.99
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• Fully Leased Silicon Valley Retail Center Offered for Sale
7/23/12
Dollinger Properties has listed Charleston Plaza, a 132.6k sf community retail center in the Silicon Valley city of Mountain View. The tenant mix includes a number of national retailers, such as Bed Bath & Beyond, Best Buy, ...
Price: $4.99
Executive Subscriber Price: Free
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• The Mills Building is the New Gold Standard for Historic Properties in San Francisco
7/20/12
The Mills Building, a 22-story office building located at 220 Montgomery St in San Francisco’s Financial District, has received LEED Gold certification. Sacramento-based Leading Edge Consulting Services advised The Swig Comp...
Price: $4.99
Executive Subscriber Price: Free
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• Bay Area Retail Leasing Update
7/19/12
NoCal-based retail brokerage firm Terranomics has been involved in many Northern California retail transactions, including the following Bay Area leasing activity in Petaluma, Palo Alto and Dublin. In Petaluma, Regency Cent...
Price: $4.99
Executive Subscriber Price: Free
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•  TMG Partners and Alcion Ventures Close Third Joint Acquisition
7/18/12
TMG Partners and real estate investor Alcion Ventures LP have teamed up in the purchase of a 111k sf property in North San Jose. The property, located at 3055 Orchard Dr, south of Montague Expwy and west of 1st St, was sold b...
Price: $4.99
Executive Subscriber Price: Free
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