|
• Bay Area Biz Campus Trades in $61 Mil Transaction
8/30/16
A Newport Beach-based investment firm purchased San Carlos Business Park, a seven-building, 154.5k sf office and R&D campus in the Bay Area city of San Carlos. The asset was sold by Black Mountain Properties in a $61.1 mil ($...
|
• NoCal Retail Center Acquired by Florida Buyer in $22.8 Mil Deal
8/29/16
Florida-based Sterling Organization recently bought Raley’s Plaza, a 95.4k sf, grocery-anchored shopping center located in Fairfield, a NoCal city situated roughly midway between San Francisco and Sacramento. The asset was p...
|
• BLT Enterprises to Start Work on 282-Unit First Phase of Napa Res Project
8/29/16
BLT Enterprises plans to begin work on Phase I of Vista Tulocay, a 500-unit multifamily project in Napa. Phase I, which was recently approved by the Napa City Council, will include 282 apartment units on approximately 12.5 ac...
|
• TMG Partners Acquires 148k sf of San Jose Office Space
8/26/16
In a Silicon Valley office buy, TMG Partners has purchased two building in San Jose, at 2460 and 2480 North First St. The price was not disclosed.
The two buildings, which total 148k sf, are located near other recent office ...
|
• Interstate Equities Corporation Closes on $46 Mil Bay Area Multifamily Buy
8/23/16
In a recent institutional multifamily acquisition in the Bay Area, Interstate Equities Corporation (IEC) has acquired a 137-unit, value-add property in Milpitas for $46 mil ($336k/unit). The property, formerly called Meritage...
|
• NoCal Investor Spends $12 Mil on Los Banos Retail Asset
8/19/16
A NoCal-based private investor has acquired Shops at Stonecreek Plaza, a 52.2k sf strip center in Los Banos, a CA city located about 80 miles southeast of San Jose. The property, leased to a synergistic mix of regional and l...
|
• Kenson Ventures Picks Up Palo Alto Development Site
8/18/16
Kenson Ventures purchased 2555 Park Boulevard, a fully entitled 14.4k sf development site in Palo Alto. With the potential to build up to 29.3k sf of Class A office, the site represents one of only a few new developments in P...
|
• Symic Bio Moves Across the Bay to Larger Digs in Emeryville
8/08/16
Symic Bio has agreed to a long-term expansion/relocation lease for 24.4k sf of office/biotech lab space in Emeryville. The firm, which develops compounds for a variety of therapeutic areas, is relocating from San Franciso.
C...
|
• San Jose Affordable Housing Project Comes Online
8/04/16
Oak Grove Apartments, a $34 mil, affordable housing development in San Jose, has officially opened to residents, with the complex fully leased. The project, which provides 134 units of permanently affordable housing to low-in...
|
• RedMill Capital Obtains $38.6 Mil in Construction Money for Bay Area Retail Project
8/03/16
RedMill Capital secured a $38.6 mil construction loan that will allow it to break ground this fall on a much-anticipated, 120k sf mixed-use retail development called The Shoppes at Livermore. The project will be located immed...
|
• Downtown Monterey Retail Center Trades in $12 Mil Deal
8/03/16
Uptown Monterey, a 25.6k sf neighborhood shopping center in Monterey, sold for $12 mil ($469/sf). Positioned along California’s Central Coast, the fully leased property is anchored by Trader Joe’s and Pharmaca, and enjoys an...
|
• Berkeley Retail Property Trades for Over $13 Mil
8/02/16
A 22.5k sf, single-tenant commercial property in Berkeley sold for $13.15 mil. The single-tenant, NNN property is located at 2700 Shattuck Ave, south of University Ave and west of Telegraph Ave, a short distance from the Univ...
|
• Principal Real Estate Investors Retains Cushman & Wakefield for Leasing Assignment at Oakland Office Tower
8/01/16
Principal Real Estate Investors has retained Cushman and Wakefield for leasing services at 555 City Center, a 485k sf, Class A office tower in the heart of Oakland’s City Center. C&W’s John Dolby and Dane Hooks will maintain ...
|
• Yandell Truckway Inks Bay Area Expansion/Renewal Deal for 318k sf
8/01/16
Yandell Truckway, a third-party logistics firm, recently signed a renewal expansion agreement for 318k sf of industrial space in Benicia. The firm uses the space for its Santa Clara Warehouses division.
Santa Clara Warehouse...
|
• TMG Partners and Fortress Investment Group Sell Remaining 287k sf at Champion Station
7/29/16
An institutional real estate investor has purchased 287.4k sf of space at Champion Station, an eight-building, 810k sf campus in North San Jose. The development is located at a major light rail stop, steps from retail on Nort...
|
• Community Preservation Partners and Jamboree Housing in $53 Mil Venture to Rehabilitate and Maintain Affordable Housing Community in San Jose
7/28/16
Community Preservation Partners (CPP) and Jamboree Housing have closed a $53 mil joint venture to rehabilitate and protect affordable housing at Monte Vista Gardens, a 144-unit multifamily property in San Jose.
Monte Vista G...
|
• Wolff Urban Development and JP DiNapoli to Develop 2.5-Acre Office Site in San Jose’s Downtown Core
7/27/16
Here’s news of a project currently in the planning stage in the Bay Area. A partnership of Wolff Urban Development and JP DiNapoli is finalizing entitlements for a 2.5-acre site in downtown San Jose. The site, located at 355...
|
• Trion Properties Acquires Silicon Valley Multifamily Value-Add Opportunity
7/27/16
Trion Properties has purchased Buckingham Apartments, a 48-unit, value-add multifamily property in Redwood City, a densely populated, urban neighborhood in the Silicon Valley region of the Bay Area. The asset was acquired for...
|
• 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 ...
|
• 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 ...
|
Return to the Northern California - Bay Area area