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• EverWest Real Estate Investors Buys Bay Area Office Asset in Venture with Partners Group
6/28/18
EverWest Real Estate Investors and Partners Group have acquired Burlingame Bay Office Park, a two-building, 262k sf complex situated on almost 13 acres at 555 and 577 Airport Blvd, just off Hwy 101 in Burlingame. From what we...
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• Bay Area Office Park Trades for $43 Mil
6/26/18
Rocklin Corporate Center, a Class A, 220k sf, two-building office park located at 6020 and 6030 West Oaks in Rocklin, has been purchased by Inverness Management for $42.9 mil ($195/sf). It was sold by KBS Real Estate Investme...
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• Commercial Real Estate Financing Briefs
6/25/18
NEWMARK – George Mitsanas and Chandler Hogue with Newmark® arranged $54 mil in fixed-rate financing for Artisan Apartments in Huntington Beach. Located directly off I-405 and adjacent to numerous lifestyle and employment cent...
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• Recently Constructed Retail/Office Project in Downtown Napa Refinanced with $42 Mil Loan
6/20/18
First Street Napa, a 142k sf, mixed-use retail and creative office property spanning three blocks in downtown Napa, was refinanced with a $42 mil loan arranged by HFF and funded through ACORE Capital LP. The borrower is a ven...
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• “Value-Add” Bay Area Apartment Property Tops $500k/Unit
6/20/18
A private investor paid $13.6 mil for 10 Birch, a 27-unit ($504k/unit) multifamily community in the highly sought-after Mount Carmel neighborhood of Redwood City. The property is located at 10 Birch St, west of Hwy 101 and El...
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• Bay Area Office Building Sells for $39.5 Mil
6/18/18
Phase 3 Real Estate Partners purchased a 104k sf, multi-tenant office building in Brisbane for $39.5 mil, or $380/sf. The building, located at 1000 Marina Blvd, was sold by Meridian in an off-market transaction.
Meridian acq...
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• Work Started on 1.7 msf Industrial Infill Development in Fremont
6/14/18
Construction has started on Pacific Commons South (PCS), a 10-building, 1.7 msf business park development in the Bay Area city of Fremont. The manufacturing and warehouse project is being developed by a joint venture between ...
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• Ocean West Capital Partners and Hana Asset Management Co LTD Buy Four-Building Office Project in San Jose
6/14/18
An investment venture led by Ocean West Capital Partners and Hana Asset Management Co LTD purchased North First Commons, a four-building, 250k sf, Class A office campus in San Jose. The project, located at 2515, 2525, 2535, a...
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• Broadreach Capital Partners Places New Financing of $150 Mil on Silicon Valley Office Build-to-Suit
6/13/18
Broadreach Capital Partners has landed $150 mil in financing for 1625 Plymouth, a 245.7k sf, build-to-suit office development located in the North Bayshore submarket of Mountain View. HFF’s Bruce Ganong and Bercut Smith arran...
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• The Seavest Investment Group Pays $560/sf for San Francisco Office Building
6/12/18
In a recent San Francisco office buy, The Seavest Investment Group has purchased 939 Ellis Street, a seven-story, 87.2k sf office property with 53 parking stalls in the up-and-coming Van Ness Corridor of San Francisco. The pr...
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• Save the Date => July 19 is RENTV's Annual San Francisco State of the Market Conference
6/10/18
Hear from an expert line-up of industry speakers who will discuss the office, retail, multifamily and capital markets in the City by the Bay
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• Bay Area Retail Center Offered for Sale
6/08/18
Fallon Gateway, a 200.9k sf, grocery-anchored retail center in the Bay Area city of Dublin has been listed for sale. This is the first time that the property, which is shadow-anchored by Target, has been listed for sale.
Ser...
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• Fremont Office Building Acquired by The Stanley Group
6/07/18
Parkway Center, a two-story, 71.7k sf office building in Fremont was acquired by The Stanley Group Inc, of Los Gatos. The property, located at 3340 Walnut Ave, east of I-880, was sold by Bayside Realty.
Parkway Center is 100...
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• San Jose Multifamily Property Traded by Private Investors in $12.5 Mil Deal
6/01/18
First Street Manor, a 39-unit multifamily community situated in close proximity to Google’s newest proposed tech campus, Google Village, in downtown San Jose, has sold for $12.5 mil, or $320.5k/unit. The buyer plans to perfor...
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• Affirm Takes 46k sf in San Francisco’s Financial District
5/31/18
Affirm Inc agreed to a lease for 46k sf of office space in San Francisco. The deal, for Affirm’s second location in San Francisco, is at 550 Kearny St, a 10-story, 193k sf Class A office building in the city’s Financial Distr...
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• Groundbreaking Marks Start of Construction on $1 Bil Waterfront Development in Alameda
5/25/18
The City of Alameda and its private partner, Alameda Point Partners LLC, have broken ground on the first phase of the $1 bil mixed-use, transit-oriented waterfront development at the gateway to Alameda Point, called Site A. T...
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• Facebook Leases Entire 756k sf Office Development in San Francisco
5/23/18
Facebook has agreed to lease the entire 756k sf Park Tower at Transbay office development in what stands as the largest office lease in the city’s history. The 43-story high-rise, located at 250 Howard St in the city’s SOMA D...
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• Office Portion of San Francisco High-Rise Trades in $110 Mil Transaction
5/22/18
In a $109.8 mil San Francisco investment buy, Swift Real Estate Partners has acquired the 219.7k sf office portion of a 29-story office and residential tower in downtown San Francisco. The transit-oriented, mixed-use property...
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• San Jose Office Campus Lands $71 Mil Refi
5/17/18
A Rockwood Capital and Four Corners Properties joint venture has obtained refinancing of $71.5 mil on The Junction at Montague, a four-building, 262.1k sf office/R&D campus they own in North San Jose.
Located at 2520, 2560, ...
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• Silicon Valley Office Buy Financed with $41 Mil Bridge Loan
5/15/18
Vahe Tashjian of Dutchints Development has purchased a 71k sf office asset in the Silicon Valley from an institutional seller. Although the actual price was not given out, we do know that the deal was financed with a $41 mil ...
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