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May 24, 2020
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BAY AREA NEWS
Archive
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• Berkeley Office Building Sells in $22 Mil Deal
12/29/16
Lionstone Investments has purchased a 49.4k sf office building in Berkeley in a recent transaction said to be worth just over $22 mil, or around $450/sf. The majority of the building, or about 42k sf, is occupied by anchor te...
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• Biotech Firms Ink Deals for 25k sf at Silicon Valley Lab Campus
12/27/16
Refuge Biotechnologies Inc and AccuraGen Inc recently executed leases totaling 25k sf at Tarlton Properties’ (TPI) Menlo Park Labs (MPL). Refuge Biotechnologies has leased 17.2k sf at 1505 Adams Dr and AccuraGen is expanding ...
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• James Kaye, Jay Gomez and Lindsey Snider Join CBRE Capital Markets in Northern California
12/21/16
James Kaye, Jay Gomez and Lindsey Snider have joined CBRE Capital Markets, specializing in retail investment sales in Northern California. Based in St. Jose, Kaye and Gomez join as senior vice presidents, and Snider joins as ...
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• TruAmerica Multifamily Collects $275 Mil from Sale of Four Res Assets
12/20/16
TruAmerica Multifamily has collected $275 mil from the sales of four apartment communities located in the Seattle and San Francisco Bay Area markets. These deals capped an active fourth quarter in which the Los Angeles-based ...
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• East Palo Alto Affordable Housing Project Lands $220 Mil Freddie Mac Credit Facility
12/20/16
Greystone has provided a $220.8 mil Freddie Mac credit facility to Woodland Park Property Owner LLC. Woodland Park is a 1,808-unit affordable housing project located in East Palo Alto. Woodland Park consists of 118 individu...
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• American Realty Advisors Acquires Class A Office Property in San Francisco’s Transbay District
12/16/16
In a major San Francisco office investment deal, American Realty Advisors has purchased Foundry Square III, a Class A, 291k sf trophy office asset located in the heart of the city’s highly sought-after and amenity-rich Transb...
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• Work Begins on Luxury Condo Project in Downtown Mountain View
12/15/16
Regis Homes Bay Area has begun construction on 1101 West, a luxury condominium community located at 1101 West El Camino Real in downtown Mountain View. The developer, in partnership with Tricon Capital, is constructing a fou...
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• Sonoma County Ranch Property Trades for $3.5 Mil
12/15/16
Schultz Slough Ranch, a 630-acre property located at 4871 Redwood Highway South in Sonoma County, recently sold for $3.475 mil. The property’s rolling landscape provided expansive views and included a conservation easement t...
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• Jamestown Buys 145k sf Office Building in San Francisco’s North Waterfront District
12/13/16
Jamestown L.P. has acquired 55 Francisco, a 145.2k sf, Class A state-of-the-art office building located at the corner of Francisco St and Montgomery St in San Francisco’s North Waterfront District. Athough the transaction pri...
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• HighBridge Properties Lands $25 Mil in Financing for Oakland Office Buy
12/08/16
HighBridge Properties has secured $25 mil in financing on 1500 Broadway, a 90k sf office property in Oakland. The four-story building is located at the corner of Broadway and 15th St. The building was acquired by HighBridge...
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• Kennedy Wilson Wraps Up $363 Mil in Multifamily Transactions
12/05/16
Kennedy Wilson recently completed a series of separate multifamily transactions totaling $363 mil. These included: the acquisition of Alara Hedges Creek, a 408-unit apartment community built in 1998 in a suburb of Portland, O...
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• Upscale Sunnyvale Res Project Completed
12/05/16
SummerHill Apartment Communities has completed 481 on Mathilda, a new 105-unit luxury residential rental community in downtown Sunnyvale. The project is located at 481 South Mathilda, between Olive and Iowa streets. The comm...
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• Oakland Apartment Property Sells for Record $440k/Unit
12/01/16
Taijirian Investments LLC paid $11 mil for a 25-unit multifamily investment property in Oakland. The transaction works out to approximately $727/sf and $440k/unit, in a deal we’re told represents the highest price per square ...
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• Pacific Castle Completes Two Property Acquisitions and One Sale in Deals Totaling About $50 Mil
11/29/16
Pacific Castle recently completed three CA transactions totaling more than $50 mil. The deals consisted of two acquisitions and one disposition. In one of the acquisitions, Pacific Castle purchased Prune Tree Shopping Center...
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• Morgan Hill Approves Mixed-Use Project in City’s Downtown Area
11/29/16
The city of Morgan Hill’s planning commission has approved plans for a new three-story, 10k sf mixed-use project in the heart of the city’s downtown. The project, to be named The Edes Building, is being developed by local res...
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• Pleasant Hill Apartment Property Changes Hands
11/29/16
A local investment group has purchased The Creekside at Pleasant Hill, a 71-unit, fully renovated apartment building in Pleasant Hill. It had been repositioned and sold by Riaz Capital, a Bay Area real estate developer and in...
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• Palo Alto Office Building Financed with New $28 Mil Loan
11/28/16
A joint venture of Sand Hill Property Company has landed new financing of $28.3 mil on a 71.4k sf office building in Palo Alto’s Stanford Research Park. Located at 950 Page Mill Rd, the property serves as the California offic...
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• CBRE Arranges $60 Mil for Upscale Retail Project in Silicon Valley
11/23/16
CBRE Capital Markets’ Debt & Structured Finance team has arranged $60 mil in financing for a 127k sf retail component within Main Street Cupertino, a state-of-the-art, mixed-use development located in Cupertino, CA. The borro...
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• First Phase Completed at Napa Logistics Park
11/23/16
DivcoWest and Orchard Partners have completed construction on the first phase of Napa Logistics Park, a five-building, 2.9 msf warehouse/distribution park in Napa. Ware Malcomb provided master planning, architectural design a...
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• Kenson Ventures to Start Work on 30k sf Office Project in Palo Alto
11/22/16
Kenson Ventures is about to break ground on a 30k sf office project in Palo Alto’s California Avenue district. Construction of the state-of-the-art, LEED-certified development is slated to start this month with completion pla...
more » 



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