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October 18, 2019
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BAY AREA NEWS
Archive
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• Daiso Inks Lease for New Store Location in Emeryville
7/25/16
Daiso, a growing Japanese discount retailer, is further expanding its presence in the San Francisco Bay Area with the recent lease of an 8.5k sf store space at the Powell Street Plaza in Emeryville. Daiso will be taking over ...
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• PetSmart Takes Junior Anchor Space at Auburn Retail Center
7/22/16
PetSmart has taken a 15k sf pad space as a junior anchor at Willowcreek Shopping Center in Auburn. PetSmart just began construction on its new building and is scheduled to open in October. Other tenants at the cener include ...
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• First Phase at Luxury Pacific Heights Res Project Offered for Sale
7/21/16
The first phase within The Pacific, an upscale condo development in the heart of San Francisco’s Pacific Heights neighborhood, has been released for sale. The Pacific, a development of Trumark Urban, is located at 2121 Webste...
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• Party City Bringing the Fun to Silicon Valley
7/20/16
Party City signed a long-term deal for a junior anchor space at a 25k sf, freestanding building within the Fremont Hub shopping center in Silicon Valley. The center is located at Argonaut Way and Mowry Ave in the city’s Centr...
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• Mesa West Capital and Hudson Pacific Properties Provide $140 Mil for China-Based Tech Company’s Silicon Valley Buy
7/19/16
Mesa West Capital and Hudson Pacific Properties have teamed up to provide Beijing, China-based internet technology company LeEco with $140 mil in first mortgage debt to acquire a 48.6-acre land site in Santa Clara for the pla...
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• Oakland Apartment Building Sells for $350k/Unit
7/18/16
A 28-unit property in the Piedmont/Grand Lake district of Oakland sold for $9.75 mil, or $350k/unit. This was the first time the property has changed hands in over 25 years. The property is in the quiet and upscale Piedmont/...
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• KBS Stategic Opportunity REIT Pays $169 Mil for San Francisco Tower
7/12/16
KBS Strategic Opportunity REIT has acquired 353 Sacramento, a 285k sf office high-rise in San Francisco’s Financial District, for $169.5 mil ($595/sf). The Class A, 23-story tower consists of 273.9k sf of office space and 10....
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• Grosvenor Americas Buys 50k sf Building in San Francisco’s Jackson Square Neighborhood
7/11/16
Grosvenor Americas purchased a 50.2k sf office building in San Francisco, from PMI Properties. The five-story, brick-and-timber office building is located at 394 Pacific Ave, at the corner with Sansome St in the heart of Jack...
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• Downtown Fremont’s First Mixed-Use Project Gets Underway
7/08/16
Work has begun on Locale @ State Street, downtown Fremont’s first mixed-use project. The new transit-oriented residential and retail project is being developed by a public/private partnership between the City of Fremont, TMG ...
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• Averna Inks Lease for 14k sf of Space in Marin County
7/07/16
Averna, a global test-solution provider for makers of communications and electronics devices, signed a seven-year, $2.5 mil lease for 13.9k sf ($2.14/sf/mo) of office and warehouse space in San Rafael. The property is at 1600...
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• Meridian Capital Arranges $98 Mil Loan for Purchase of 300k sf San Francisco Office Building
7/07/16
Meridian Capital Group has arranged $98 mil in acquisition financing for the purchase of the Bank of the West Building office property located in San Francisco. The loan was provided on behalf of Sidra Montgomery LLC. The 2...
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• Blackstone Closes 753k sf San Francisco Office Buy
7/01/16
Blackstone has acquired Market Center, a two-building, 753k sf office complex in San Francisco. The property was purchased from John Hancock Real Estate, the U.S. division of Manulife Financial Corporation. Although the price...
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• ASB Real Estate Investments Closes $141 Mil Creative Office Buy in San Francisco
6/28/16
ASB Real Estate Investments has acquired a Class A office/retail property in San Francisco’s commercial district, paying $141.5 mil for a 145.4k sf ($973/sf) building at 799 Market St, at the corner with Fourth St. The purcha...
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• F4 Transbay Partners LLC Acquires Final Remaining Tall Building Site in Downtown San Francisco
6/27/16
F4 Transbay Partners LLC (F4), a joint venture of Hines, Urban Pacific Development LLC and Broad Street Principal Investments L.L.C., an affiliate of Goldman Sachs, have acquired Transbay Parcel F from the Transbay Joint Powe...
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• The Bascom Group Spends $328k/Unit for Bay Area Res Property
6/27/16
In a recent Bay Area multifamily investment buy, The Bascom Group LLC has acquired Camden Village Apartments, a 192-unit, garden-style apartment community in Fremont, for $63 mil ($328k/unit). The property is situated on 10.7...
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• Community Preservation Partners to Renovate and Preserve Needed Affordable Housing Property in San Jose
6/24/16
Community Preservation Partners (CPP) has acquired Courtyard Plaza Apartments, an 81-unit affordable housing complex in San Jose, in a $25 mil transaction. CPP’s purchase and planned renovation of the property will preserve m...
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• Align Real Estate Pays $59 Mil for 220k sf Bay Area Office Campus
6/21/16
Align Real Estate has purchased Comcast Office Center, a three-building, a 220k sf office property in the Bay Area city of Livermore. The property was sold by Gramercy Property Trust for $59 mil, or about $269/sf. The 27-ac...
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• ROEM Corp Nearing Completion on San Jose Affordable Housing Project
6/21/16
Charlotte Park Apartments, a 200-unit affordable housing project in San Jose, is nearing completion. The project, a development of ROEM Corporation, is located on the former Hitachi Global Storage Technologies campus, a 295-a...
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• KangaZoom Bounces into New Antioch Location
6/20/16
A KangaZoom franchisee, Andreas Angles LLC, inked a deal for an indoor children’s inflatable focus entertainment center in Antioch. Located on the 3.3-acre site of the former Antioch Family Fun Center that shuttered several y...
more » 

• Strategic Storage Trust II Buys 340-Unit Facility in Sonoma
6/17/16
Strategic Storage Trust II Inc (SST II) recently acquired a self-storage facility located in downtown Sonoma. The property totals approximately 340 units and is 37.8k sf in size. Built in 1984, the Sonoma facility sits on ap...
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