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Bayhill Ventures Announces Plans for 672-Unit Res Project in Downtown San Francisco 11/17/23 In news of a planned residential development for downtown San Francisco, Bayhill Ventures has submitted entitlement approvals for 530 Howard Street, a 672-unit, for-lease residential development in the city’s Transit Center D...
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Sonoma County Hotel Project to Move Forward Thanks to $62 Mil in C-PACE Funding 11/17/23 GreenRock Capital and Petros PACE Finance have secured $62.6 mil in Commercial Property Assessed Clean Energy (C-PACE) financing for the construction of the Appellation Healdsburg hotel project in Healdsburg, CA. The project ...
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Luxury Amenity Space Slated to Open September 2024 at San Francisco Office Tower 11/16/23 The Cove, a luxury amenity space that boasts premium hospitality services for tenants and members alike, is slated to open in September 2024 on the 7th floor at 525 Market Street in San Francisco. The Cove will be a fully-sta...
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Bay Area El Pollo Loco Goes for $1,269/sf 11/16/23 A 2.6k sf, single-tenant retail building that is triple-net-leased to El Pollo Loco in the Bay Area sold for $3.3 mil ($1,269/sf). The property is located at 910 Andersen Dr in San Rafael.
The property includes a rare Marin ...
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Silicon Valley Res Project is Nearing Completion with Pre-Leasing Underway 11/16/23 Pre-leasing is underway at Vida at Morgan Hill, a new, Class A, 389-unit, three-story residential community under construction in Morgan Hill. The project, being developed by a joint venture of MBK Rental Living and Haseko Co...
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New 222-Unit Res Development in Livermore Opens to the Public 11/14/23 Legacy at Livermore, a new 222-residence mixed-use community developed by Legacy Partners in the NoCal city of Livermore, has opened to the public. Designed by BDE Architects of San Francisco, the community is located at 57 S...
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Petaluma Retail Center Lands $9.5 Mil Refi Loan 11/10/23 Plaza North Shopping Center, a 101k sf grocery-anchored retail center in Petaluma was refinanced with a new permanent loan for $9.5 mil. The property, located at 201-313 North McDowell Blvd, is occupied by grocer Lola’s Marke...
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McCarthy Building Companies and Ellis Partners are Latest Firms to Sign at One Sansome Office Tower in San Francisco 11/10/23 In recent leasing activity at One Sansome, the soaring 42-story office tower in the heart of San Francisco’s Financial District, McCarthy Building Companies inked a lease for 15.1k sf of space on the building’s 19th floor. Mc...
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Sacramento-Area Office Building Lands New Owner in $6.7 Mil Deal 11/07/23 Visions In Education paid $6.7 mil for a 63.4k sf, Class A office building in Gold River (Sacramento), CA for its new office headquarters. Visions In Education is an online high school and TK-8 home school provider.
The two...
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Bacchus Management Group to Open New Restaurant at 220 Park Project Nearing Completion in Downtown Burlingame 11/07/23 Bacchus Management Group has signed a lease to transform the restored 1940s-era Burlingame Post Office into an iconic restaurant space at the base of the six-story 220 Park development. The project, a development of Dostart D...
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Freedom West Homes Corporation Secures $27 Mil in Funding Commitments for Housing for People of Color in San Francisco 11/06/23 Freedom West Homes Corporation, a nonprofit limited equity housing co-operative in the Fillmore District of San Francisco, has secured $27 mil in funding commitments to-date to catalyze its revitalization providing low-income...
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Torani Inks Lease for New 202k sf Warehouse Development in San Leandro 11/03/23 Torani has signed a pre-lease agreement for a new 202k sf warehouse development in San Leandro. The company, a leader in the flavor industry since 1925, will relocate their warehouse and distribution operations from their cur...
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Buchanan Street Partners Spends $20 Mil on NoCal Self-Storage Facility 10/30/23 Buchanan Street Partners LP has acquired a stabilized institutional quality self-storage facility in Auburn, CA for $20.75 mil in an off-market transaction. The 116.5k sf ($178/sf) facility, comprised of 825 self-storage unit...
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Brixton Capital Purchases 143k sf Shopping Center in Stockton 10/19/23 Brixton Capital has acquired Pacific Town Center, a 143.2k sf shopping center in Stockton in an off-market transaction. The price was not disclosed.
Pacific Town Center is located at 718-760 West Hammer Lane, at the southea...
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Sacramento Multifamily Property Sells for $17.9 Mil 10/03/23 Rosemont Terrace, a 100-unit garden-style multifamily community in Sacramento, traded hands in a recent deal valued at $17.9 mil, or $179k/unit. Built in 1970, Rosemont Terrace is located at 3690 S Port Dr.
The property fea...
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Meta Housing Completes 142-Unit Affordable Res Community in Santa Rosa 9/29/23 Stony Oaks Apartments, a new affordable housing community in Santa Rosa, CA, has been completed. The 142-unit project is a development of Meta Housing was built by R.D. Olson Construction. It will serve low-income families or...
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Connor Kidd Named CEO at The Swig Company 9/29/23 The Swig Company LLC has named Connor Kidd as Chief Executive Officer. He is also President of the company. Kidd succeeds Jim Carbone as CEO, who held the position since September 2018.
An Oklahoma native, Kidd joined Swi...
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NoCal Warehouse Building Lands $30 Mil Refi Loan 9/29/23 Nearon Enterprises has secured $30 mil in refinancing for the Dixon Commerce Center, a 447k sf warehouse building in Dixon, a NoCal city roughly 25 miles southwest of Sacramento.
Located at 2299 Commerce Way, the building wa...
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Archway Equities and Virtú Investments Wrap up $74 Mil Res Buy in San Jose 9/21/23 A joint venture of Archway Equities and Virtú Investments has acquired The James, a 190-unit, Class A Apartment Community in downtown San Jose, for $74.25 mil, or $391k/unit.
The James represents Archway’s second significant...
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MG Properties Pays $90 Mil for Bay Area Res Community 9/14/23 MG Properties acquired Artist Walk Apartments, a 185-unit res community in Fremont, for $89.75 mil. The development, constructed in 2017, includes 30k sf of ground-floor retail.
Artist Walk Apartments is located at 3888 Arti...
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