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• San Francisco Industrial Property Sells for $10 Mil
11/02/15
A 17.2k sf industrial property in a desirable SOMA location in San Francisco sold for $10 mil ($581/sf). The buyer plans to add three floors of creative office space above the existing structure, along with a complete remodel...
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• Sausalito Office Property Sells for Over $600/sf
10/28/15
A 6.6k sf office property in Sausalito sold for $4.1 mil, or $621/sf. The building is located at 1050 Bridgeway, along the central waterfront area in this southern Marin County town.
Sausalito is a beautiful waterfront comm...
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• NETGEAR Renews 143k sf San Jose Office Space
10/27/15
NETGEAR Inc has agreed to renew its 142.7k sf office space in San Jose. The company is located at 350 E. Plumeria, west of I-880 and south of Montague Expwy, just off Zanker Rd.
The global networking company signed a 10-year...
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• President of NAI Northern California Discusses the Good, the Bad and the Ugly of Oakland’s Real Estate Market
10/23/15
By Steve Bloom
RENTV was up in Oakland on September 25th for our State of the Market Conference and we experienced first hand the vibrancy, optimism and general buzz that has so many industry people excited about this East B...
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• Meridian Closes $6 Mil East Bay Medical Office Buy
10/22/15
Meridian has acquired a 19.2k sf, medical office building in Oakland for $6 mil ($312/sf) in an off-market transaction. The building, located at 380 W. MacArthur Blvd, west of Broadway and north of I-580, was sold by BIC Oakl...
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• Cohen Financial Arranges Over $100 Mil in Three Multifamily Loans for a Single Borrower
10/21/15
Cohen Financial has arranged three financings totaling $106.29 mil for a San Francisco-based multifamily commercial real estate owner/investor.
One of the deals was a $39.5 mil refi loan on a portfolio of four properties. Th...
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• Summerhill Apartment Communities Completes Luxury Res Project in Mountain View
10/20/15
Domus on the Boulevard, a new 193-unit luxury residential rental community in the Bay Area city of Mountain View, has been completed. The property, located at 2650 W. El Camino Real, just north of San Antonio Rd, is a develop...
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• Pair of Concord Industrial Buildings Bring $8.9 Mil
10/19/15
Two light industrial buildings in the Bay Area city of Concord sold in separate transactions with a combined price tag of $8.9 mil. The buildings, which comprise two-thirds of a multi-tenant Concord industrial portfolio that ...
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• NorthMarq Capital Arranges $30 Mil in Purchase Money on NoCal Industrial Buildings
10/16/15
NorthMarq Capital arranged acquisition financing of $29.9 mil for two single-tenant bulk-distribution warehouse buildings totaling 568.7k sf in American Canyon, about 10 miles directly south of Napa in Northern California. Th...
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• Dollinger Properties Underway on 143k sf Retail Center in San Jose
10/16/15
Dollinger Properties has moved forward with development of Sprouts @ Brokaw, a 143k sf retail project in San Jose. Dollinger obtained a $48.5 mil senior loan from PCCP LLC that has enabled them to start contruction on the ce...
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• Swift Real Estate Partners to Redevelop Recently Acquired 295k sf Santa Clara Office Park
10/14/15
Swift Real Estate Partners has obtained $17.1 mil in mezz financing for the redevelopment of Airport Technology Park, a six-building, multi-tenant office park totaling 295.4k sf in Santa Clara. The loan was provided by PCCP L...
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• TMG Partners and Park Madison Partners Close on $150 Mil Investment Fund
10/12/15
TMG Partners and New York-based Park Madison Partners have closed on a $150 mil separate account to invest in value-add commercial real estate in the Bay Area. The capital was sourced from a single, large institutional invest...
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• KBS REIT III Closes $150 Mil Silicon Valley Office Buy
10/09/15
In a recent Bay Area office buy, KBS Real Estate Investment Trust III paid $150 mil for Almaden Financial Plaza, a 416.1k sf ($360/sf) office complex located at 1, 55 and 99 Almaden Blvd in downtown San Jose. KBS REIT III int...
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• Draftsmen & Craftsmen
10/09/15
Construction has been completed on the new offices of United Mechanical Inc, located at 815 Atlantic Ave, east of Constitution Way in Alameda. Ware Malcomb provided interior design services for the project.
United Mechanic...
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• New Office High-Rise Breaks Ground in San Francisco
10/07/15
Joint venture partners The John Buck Company, Golub & Company and MetLife Real Estate Investments have broken ground on an exciting new office tower development in San Francisco’s Transbay Terminal area. The project, Park Tow...
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• Carbon3D Inks Lease for 87k sf Redwood City Facility
10/06/15
Carbon3D Inc signed a long-term lease for 87k sf in Redwood City that represents the city’s largest new industrial lease in recent history. The facility is located at 1089 Mills Way, east of Woodside Rd and adjacent to the so...
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• Panoramic Interests Lands $12.5 Mil in Mezz Money on New San Francisco Micro-Apartment Project
10/05/15
Square Mile Capital Management LLC has originated a $12.5 mil mezz loan for The Panoramic, a newly-built, 160-unit apartment building located in San Francisco. The 11-story project was completed by Panoramic Interests LLC in ...
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• Apple Buys 285k sf San Jose Asset
10/05/15
Tech giant Apple has closed on a large Bay Area real estate buy, acquiring 101 Tech Center in San Jose from San Francisco-based Ellis Partners. The property is located at 2325 Orchard Pkwy, west of I-880 and just north of Hwy...
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• Trio of New Res Communities Get Underway in Hayward
10/02/15
Three new residential communities have broken ground at two developments on the site of the former South Hayward BART overflow parking lots in the Bay Area city of Hayward. Eden Housing is the developer of one of the projects...
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• Wareham Completes 110k sf Life Science Building in Berkeley
10/01/15
Wareham Development has completed 740 Heinz, the first flexible, state of the art life science building to be constructed in Berkeley since 2001. The four-story, 110k sf building, located north of Ashby Ave on the east side ...
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