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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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• Asian Private Investment Firm Spends $90 Mil on Bay Area Office Asset
9/30/15
H&Q Asia Pacific, an Asian private equity firm, closed on a major Bay Area office purchase, paying $90 mil for Bay Park Plaza, a Class A, 260.2k sf ($346/sf) property in Burlingame. The two-building complex, located at 555 an...
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• Napa Apartment Property Trades for Almost $300/sf
9/21/15
Peachtree Apartments, a 32-unit apartment property located in Napa, recently sold for $6.15 mil ($192k/unit) and $296/sf, a record amount for multifamily property sales in the County, we’re told. The property is located at 25...
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• UC Berkeley Hotel to Become a Graduate
9/18/15
AJ Capital has obtained $31.5 mil in financing for the acquisition and repositioning of Hotel Durant, a hotel property in Berkeley. With the implementation of capital improvements, AJ Capital will reposition the existing hote...
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• Bay Area Retail Center Refinanced with $9 Mil Loan
9/15/15
CBRE Capital Markets’ Debt & Structured Finance team recently arranged $9 mil in non-recourse refi money for Regency Plaza, a 36.6k sf retail center in Pleasant Hill, a Bay Area city about 20 miles northeast of Oakland.
The ...
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• Development Site in San Francisco’s Mission District Sells for $18 Mil
9/11/15
A 35k sf development site located in the heart of San Francisco’s Mission District sold for $18 mil after a competitive bid process amidst a controversially proposed moratorium on market rate housing development. The property...
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• Harvest Properties and The Roxborough Group Pick Up Berkeley Asset
9/09/15
A three-story, 36k sf office and retail building in Berkeley was purchased in an off-market transaction by. The price was not disclosed.
Located at 2168 Shattuck Ave, just one block from the University of California, Berkele...
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• Cupertino Res Complex Refinanced with $150 Mil in Fannie Mae Money
9/08/15
Prometheus Real Estate Group has obtained over $150 mil in refi money for The Markham Apartments, an 80-building, 504-unit complex in downtown Cupertino. The 10-year, full-term, interest-only loan was arranged by Andrew Behr...
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