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August 22, 2019
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BAY AREA NEWS
Archive
1  |  2  | 3  | 4  | 5  | 6  | 7  | 8  | 9  | 10  ...  100
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• Walnut Creek Res Project Moves Forward with $60 Mil in Construction Money
3/06/19
Florida-based Rescore Property Corp has obtained construction financing in the amount of $59.6 mil for the development of the Rise Walnut Creek apartments in the East Bay city of Walnut Creek. Rescore is a private REIT founde...
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• Hines Acquires 431k sf Biz Campus in Sunnyvale
3/04/19
Hines has acquired Oakmead West, a seven-building, multi-tenant campus in Sunnyvale. The price was not disclosed. Completed in 1998, the seven Class A office/R&D buildings total 431k sf and are situated on 21.62 acres at 92...
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• Oakland Live/Work Project Funded with $32 Mil in Construction Money
2/27/19
Parkview Financial has provided a $32 mil construction loan to oWow for the development of a four-story, 102-unit 91.2k sf live/work affordable rental project in Oakland. oWow is an Oakland-based company committed to building...
more » 

• Berliner Cohen LLP One of Recent Signings at San Jose Office Tower
2/19/19
There has been 33.8k sf of recent lease signings at Ten Almaden, a 17-story, 309.2k sf Class A office tower in San Jose. These include, one of the largest and oldest law firms in San Jose, serving the business and regulatory ...
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• San Francisco Office Building Set to Trade in $86 Mil Deal
2/19/19
Clarion Partners, out of NY, has agreed to buy a 76.5k sf office building in San Francisco in a deal said to be worth around $86 mil ($1,130/sf), according to industry sources. It is being sold by Zurich Alternative Asset Man...
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• Highbridge Equity Partners Closes $48 Mil Oakland Office Buy
2/15/19
Highbridge Equity Partners closed on a very newsworthy office acquisition in Oakland, paying $48 mil for Tribune Tower, a 22-story tower totaling 95.4k sf ($503/sf) of space ion the city’s downtown. The property was sold by H...
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• Santa Rosa Office/Industrial Property Sells for $7.2 Mil
2/14/19
McNeill Real Estate Services purchased a 65.5k sf office/industrial building in Santa Rosa for $7.2 mil, or $110/sf. The two-story concrete-tilt building is located at 6085 State Farm Drive. Constructed in 1996, the bulding ...
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• San Jose Office Building Gets New Owner in $63.4 Mil Transaction
2/12/19
In an institutional office acquisition out of Silicon Valley, a joint venture between CIGNA Investment Management and The Muller Company purchased Century Plaza, a 103.6k sf, six-story office building in San Jose, for $63.4 m...
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• Big Tech Boosts East Bay/Oakland Office Activity in Q4 2018
2/11/19
This report was provided by real estate services firm Cushman & Wakefield The East Bay/Oakland office market received a big boost from “big tech” in the fourth quarter of 2018, according to Cushman & Wakefield’s recent Q4 20...
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• Two Bay Area Apartment Sales Total $20 Mil
2/08/19
We have comp info on two recent Bay Area two multifamily property sales totaling $19.88 mil. The deals, which include a 33-unit apartment community in Redwood City and a 25-unit apartment community in Mountain View, were both...
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• Unique Berkeley Office Property Put on the Market
2/08/19
We’ve learned of an interesting Bay Area office property listing that’s hit the market. The property, 2600@Tenth, is one of the largest institutional quality office properties in Berkeley, CA. It is being offered for sale by ...
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• San Francisco Office Building Sells for $335 Mil
2/07/19
Clarion Partners, out of New York, has acquired a 374k sf office building in San Francisco for $335.5 mil, or $897/sf. The eight-story building, located at 215 Fremont St, was sold by Jack Resnick & Sons, which bought the ass...
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• PCCP Closes $120 Mil San Francisco Office Buy
2/06/19
PCCP LLC has acquired a four-story, 138.4k sf Class A office building within San Francisco’s Showplace Square office submarket in a $120 mil ($867/sf) transaction. The fully occupied, multi-tenant property is located at 350 R...
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• Limited Supply, Increasing Demand Driving Increased Real Estate Costs in the Life Sciences Sector
2/06/19
This report was provided by real estate services firm Cushman & Wakefield Increased investment and employment in the life sciences sector has driven life sciences related real estate to new heights, according to Cushman & Wa...
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• BKM Capital Partners Closes on Third of Three Recent Light Industrial Portfolio Buys that Total Over $138 Mil
2/04/19
BKM Capital Partners acquired a two-property portfolio in San Diego for $16.6 mil. For BKM, this purchase is one of three recent light industrial multi-tenant portfolio acquisitions, which encompass more than 769.4k sf for a ...
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• Boston Properties, TMG Partners and Valley Oak Partners to Develop 1.1 msf Office Project in downtown San Jose
2/01/19
Boston Properties, TMG Partners and Valley Oak Partners have teamed up to acquire and develop Platform 16, an urban campus near Diridon Station in downtown San Jose. Platform 16 is a 1.1 msf Class A office development locate...
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• TMG Partners and Invesco Real Estate Buy 120k sf Office Building in San Francisco
1/31/19
TMG Partners and Invesco Real Estate have acquired 600 Battery Street, a 120k sf, historic building in San Francisco’s Jackson Square, in a deal that industry sources put at around $120 mil, or $1,000/sf. The asset was sold b...
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• Ramser Development Company Buys Lockaway Storage in Castro Valley
1/23/19
Ramser Development Company purchased Lockaway Storage in Castro Valley, a primarily residential community in the East Bay. Located at 8555 Dublin Canyon Rd, the project contains 26k sf of storage area as well as 135 outdoor R...
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• Facebook Finalizes Lease for 800k sf Bay Area Office Project
1/22/19
Facebook has finalized a lease for all of Burlingame Point, a brand new 803k sf office campus currently under construction in Burlingame. Situated on 18.13 acres at the edge of the San Francisco Bay, Burlingame Point is a bes...
more » 

• TMG Partners Receives Oakland Planning Commission Approval for 750k sf Office Project
1/18/19
TMG Partners received unanimous approval from the Oakland Planning Commission on their proposed office development at 2201 Valley in Oakland. The development will occupy a full city block between Telegraph Ave, Valley St, Wes...
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