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September 28, 2020
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 Etc. Etc...
Black Creek Group Buys 241k sf Industrial Facility in the Bay Area
Livermore property sold by Crow Holdings International

Sacramento Apartment Property Goes for $178k/Unit
Abacus Capital Group collects $22.5 mil from sale The Davenport

Dow Credit Union Picks Up 5.7k sf Property in Antioch for $1.8 Mil
NoCal retail building to be used as a headquarters and store location

EAH Housing Buys Downtown Sacramento Property for Residential Redevelopment Project
Firm to build 140-unit affordable housing development on the 1.27-acre site

Graceada Partners Spends $23 Mil on Sacramento Multifamily Property
Westlake Apartments consists of 148 res units

Cupertino Office/R&D Portfolio Trades Hands
Deal is for four buildings totaling 110k sf of space

San Jose Mobile Home Community Lands $52 Mil Fannie Mae Refi Loan
Greystone arranges money on Chateau La Salle property

Central CA Family Dollar Property Gets New Owner in $2 Mil Deal
9.2k sf store is the town of Dos Palos

Davies Torrance Trust Pays $14.3 Mil for Fully Leased Class A Office Building in Sacramentoís Highway 50 Corridor
Carlsen Investments LLC sells 63k sf property in Gold River

Hearst Spends $52 Mil on Creative Office Asset in San Franciscoís SOMA District
45k sf building sold by Embarcadero Capital Partners

Atum Biotechnology Buys 40k sf Industrial Property in Newark
Freestanding building goes for $8.8 mil

New Silicon Valley Office/R&D Development Modified to Provide Safer/Healthier Work Environment
Bayview Development Group makes state-of-the-art ventilation, energy and workspace changes to its new 173k sf Lawrence Station project in Santa Clara

Ingka Centres Buys 264k sf Retail Center in San Francisco
6 x 6 Building at 945 Market Street was sold by TMG Partners and Alexandria Real Estate Equities

Burnham Brown Downsizes in New Oakland Lease for 32k sf
Law firm has reduced its space from 40k sf at downtown office building

Stockbridge Spends $127 Mil on Bay Area Life Science Campus
Six-building Waterfront at Harbor Bay purchased from SRM Ernest and Hillwood Development

NoCal Multifamily Community Trades for $78.5k/Unit
184-unit Spring Mountain located in Corning

RevOZ Capital Makes Opportunity Zone Investment in Downtown Sacramento
Venture with Argosy Real Estate Partners to redevelop 127k sf building into modern office and retail project

Hines Global Income Trust Completes 417k sf Bay Area Industrial Acquisition
Deal is for the Advanced Manufacturing Portfolio in Santa Clara

71-Acre Sonoma County Site Listed for Sale
The Chanate Campus contains about 316k sf of buildings

Pacific Gas and Electric Company to Sell Its 1.4 msf HQ Office Complex in Downtown San Francisco
Offering consists of two adjacent buildings including a structure listed on the National Register of Historic Places

RingCentral Dials in Renewal of Its Bay Area HQ Location
Firm to remain in its 85k sf office space in Belmont

Vertical Ventures Makes $45 Mil Silicon Valley Acquisition
Buys 213k sf Sycamore Technology Center in Milpitas

Miramar Capital and Machine Investment Group Buy 165k sf Office Campus in San Jose
Purchase of Stevens Creek Executive Park financed with $33 mil in acquisition money

Trion Properties Purchases 80-Unit Multifamily Property in the Bay Area
$20.5 mil acquisition of Creekside Apartments in San Leandro offers value-add opportunity

Trammell Crow Company Acquires 24 Acres in NoCal for Industrial Development
Firm to build 440k sf project on Morgan Hill land

Alta Housing Starts Work on Affordable Res Community in Mountain View
Development at 950 W. El Camino Real will offer 71 units, including 15 for adults with disabilities

Investors Trade Three Bay Area Multifamily Properties in Deals Totaling $34.3 Mil
Assets in Sunnyvale, Los Gatos and San Jose were part of a larger portfolio

Transwestern Real Estate Services Awarded Property Management and Office Leasing Duties for Historic Oakland Tower
16-story Central Building was constructed in 1926 as cityís first skyscraper

Westcore Buys 155k sf Warehouse/Cold Storage Facility in Oakland
Deal is financed with $15 mil acquisition loan

Kennedy Wilsonís Latest NoCal Res Community is Now Welcoming Tenants
120-unit 38į North is located in Santa Rosa

PCCP LLC and The Koll Company Buy 510k sf Industrial Portfolio
Acquisition consists of eight buildings in West Sacramento and Salt Lake City

MAG Capital Partners LLC Buys Central Valley Manufacturing Facility
Acquisition of 28k sf Initiative Foods property in Sanger is part of a sale-leaseback deal

Pulte Homes Buys 11 Acres on the San Francisco Peninsula
Firm to develop 190-home residential neighborhood on site of former office complex

CBRE Global Investors Purchases Historic Office Building in San Franciscoís SoMa Neighborhood
Deal for 138k sf property at 123 Townshend St worth about $125 to $135 mil

Highgate to Acquire Six Hospitality Portfolios from Colony Capital in $2.8 Bil Transaction
Deal consists of 22,676 rooms across 197 hotel properties

After Depressed Second Quarter, U.S. Hotel Industry is on Recovery Path
CBRE report projects steadily increasing industry demand

Silicon Valley Sees Sixth-Most Data Center Leasing in North America in H1 2020
An increase in remote working and content streaming due to COVID-19 pandemic reinforces importance of data center reliability, according to CBRE report

Net-Lease Comprises Bigger Share of Commercial Real Estate Investment Activity
Greater Los Angeles and the Inland Empire were among the top five markets for investment volume in Q2 per CBRE report

Construction Spending Edges Higher in July
Latest update from Wells Fargo Securities Economics Group shows residential strengthened, while nonresidential declined

Critical Role of Data Centers in Business Continuity Drives Data Center Market Resilience in H1 2020
CBRE report suggests that an increase in remote working and content streaming due to COVID-19 pandemic reinforces importance of data center reliability

Tauro Capital Advisors Arranges Three Real Estate Debt Facilities Totaling $50 Mil
Financings will be used for development of single-tenant, NNN-leased projects

North American Commercial Real Estate Market Reacts Sharply to Economic Downturn
Transwestern and Devencore share the results of their Midyear Market Sentiment Survey

Clean Up in the Laundromat Biz!
PWS Laundry looking to open 30 Ė 50 new locations across the U.S. in the next 12 months

Architectural Services Firm AO Acquires Sunnyvale-Based WHL Architects
Arrangement include launch of a new design studio, AO Science + Technology

Check Out RENTV's Latest Podcast!
In this informative and fast-paced podcast, RENTV CEO Steve Bloom takes listeners through the week's major CRE news stories, tech updates and notable events, in addition to commenting on important issues for the industry.

1.8 Million Jobs Were Created in July, Exceeding Expectations
Latest CBRE U.S. Economic Watch report also pegs national unemployment rate at 10.2%

California Commercial Real Estate to Be Negatively Affected Through 2023 Due to Impact of Pandemic
Developers surveyed in Allen Matkins/UCLA Anderson Forecast pessimistic across all markets, with industrial and multi-family only moderately affected

Evolution of Online Retail Drives Retail-to-Industrial Conversion Projects Across the U.S.
CBRE report counts 15.5 msf of new industrial space converted from retail since 2017





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