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• German Investment Fund Pays Over $1,100/sf for Trophy Silicon Valley Office Building
11/07/22
In a recent Silicon Valley office buy, Union Investment has acquired The Catalyst, a 195k sf trophy office building in Sunnyvale, for $222 mil ($1,138/sf). Union Investment, based out of Germany, made the acquisition through...
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• Vacaville Commons Lands $23 Mil Refi
11/03/22
Vacaville Commons, a 400k sf power retail center in Vacaville, was refinanced with a new permanent loan for $23 mil. Vacaville is a NoCal city located along I-80 roughly midway between San Francisco and Sacramento.
The cente...
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• Sacramento Area Biz Park Lands New Owner in $15 Mil Deal
11/02/22
Dunleer has acquired Windplay Business Center, a nine-building, 101.2k sf industrial park in El Dorado Hills, CA for $14.9 mil ($147/sf). The 97% leased property is situated on 8.76 acres at 5001-5009 Windplay Drive and 1100-...
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• New Workplace Housing Development in San Francisco Opens Its Doors
10/24/22
TL Residences, a new studio apartment community in San Francisco’s vibrant Tenderloin neighborhood, has been completed and will open its doors to residents in November. The mid-rise project, a development of Forge Development...
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• San Jose Single-Tenant Industrial Property Purchased by Exchange Investor
10/21/22
A CA-based 1031 exchange investor acquired a 28.9k sf, single-tenant industrial property in San Jose. The building is located at 1137 Olinder Ct, just south of the confluence of the 101 Fwy and I-680.
Built in 1994 and situa...
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• San Leandro Res Project Lands $69 Mil in Construction Money
10/21/22
Centro Callan, a brand-new, luxury mixed-use apartment project slated for development in San Leandro, is set to move forward after landing $69 mil in construction financing. The project is being developed by The Martin Group,...
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• Salinas Apartment Property Trades for $9.25 Mil
10/13/22
Plaza Grande, a 92-unit multifamily community in Salinas, CA, was acquired by a Los Angeles County-based private investor for $9.25 mil, or $100.5k/unit. The asset was sold by a Monterey-based real estate entity that original...
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• Moxion Power Leases 130k sf at Ford Point in Richmond
10/06/22
Moxion Power, a Y Combinator-backed, vertically integrated manufacturer of mobile energy storage systems, has inked a lease for 130k sf of space at Ford Point, a historic 478.8k sf Advanced Manufacturing and R&D industrial wa...
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• Lease for 103k sf at the Contra Costa Logistics Center is an Enchanting Deal
10/03/22
Canadian-based live event production company Enchant inked a lease for 103k sf of space at the Contra Costa Logistics Center in Oakley, a NoCal city situated roughly midway between San Francisco and Sacramento. Terms of the d...
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• New 97-Unit Res Community Completed in Hayward
9/29/22
Construction has finished at Legacy at Hayward, a four-story, 97-unit luxury apartment community in Hayward. The project, a development of Legacy Partners and Corebridge Real Estate Investors, is located in the hills at 28168...
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• Avison Young Awarded Assignment for Office Space in San Francisco Portfolio
9/28/22
Grosvenor has awarded Avison Young the leasing assignment for office space within a portfolio of four boutique, mixed-use properties located in San Francisco’s Union Square. Totaling just over 133k sf, the high-quality, offic...
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• Sacramento Office Building Trades for $55 Mil
9/27/22
A partnership between Seagate Properties and Cottonwood Group purchased 925 L St, a 168.8k sf, Class A, multi-tenant office building in downtown Sacramento, for $55.1 mil ($326/sf). The property was sold by a joint venture be...
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• DCG Fulfillment Leases 306k sf in Lathrop, CA
9/26/22
In a NoCal logistics lease, DCG Fulfillment inked a deal for 306.4k sf of space in Lathrop, about 10 miles south of Stockton. The space is part of a 610k sf industrial warehouse located at 3645 W. Yosemite Ave.
The facility ...
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• TA Realty Spends $90 Mil on Bay Area Biz Park
9/23/22
TA Realty has purchased Green Valley Corporate Park, three newly completed, Class A industrial buildings totaling 415.1k sf of space in Fairfield, CA. The properties were sold by Panattoni for $90.5 mil ($218/sf).
Green V...
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• Ellis Partners Buys 87k sf R&D Campus in Sunnyvale
9/22/22
Ellis Partners purchased an 87.1k sf value-add R&D campus in Sunnyvale for an undisclosed amount. The campus, located at 333 and 385 Moffett Park, is comprised of a 75.9k sf two-story building and an 11.2k sf one-story buildi...
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• Sacramento Office Building Trades for Just Over $9 Mil
9/21/22
Locally-based Bardis & Miry Development paid $9.05 mil for Executive Commons, a 47k sf ($192.50/sf), two-story office building in Sacramento. Located at 350 University Ave, the multi-tenant property was 95% leased at the time...
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• Two-Property San Jose Res Portfolio Goes for $350k/Unit
9/20/22
A two-property, 118-unit senior affordable housing portfolio in San Jose traded hands in a recent $41.25 mil ($349.7k/unit) transaction. The assets -- Monte Vista Gardens Senior 1 and 2 -- were sold by ROEM Development, who b...
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• Sares Regis Group and Caltrain Land Approval for 191-Unit Res Development at the Hayward Park Train Station
9/16/22
In a public/private partnership, Sares Regis Group of Northern California (SRGNC) and Caltrain have gained approval from the San Mateo Planning Commission for a new apartment community called Hayward Park Transit Oriented Dev...
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• Silicon Valley Medical Office Building Sells for $552/sf
9/15/22
A 35.3k sf medical office building in San Jose was purchased for $19.5 mil ($552/sf) by the property’s current tenant, El Camino Health. The building, located at 625 Lincoln Ave, was sold by The Sobrato Organization.
El Cami...
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• STAG Industrial Purchases 234k sf Fresno Industrial Property for $30 Mil
9/13/22
STAG Industrial, a publicly traded REIT, paid $30.04 mil for a 233.8k sf industrial asset occupied by Caro Nut in Fresno. The property was sold by Caro Nut, a producer of nuts and nut butters for blue-chip retail customers su...
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