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• Oakland Res Property Sells for $16 Mil
4/06/15
Jackson Courtyard Condominiums, a residential complex in Oakland, sold for $15.9 mil, or about $338k/unit. The project, located at 14th and Jackson streets in Oakland’s Lakeside district, consists of 45 fully rented luxury co...
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• San Mateo Multifamily Property Sells for Nearly $400k/Unit
4/03/15
Park Laurel Apartments, a 26-unit multifamily property in San Mateo, recently traded hands in a deal valued at $10.3 mil, or $396.2k/unit. The property is located at 710 Laurel Ave, in the city’s Central Park area of downtown...
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• Sand Hill Property Co Takes a Bite Out of Sunnyvale R&D/Flex Market with Jawbone Building Purchase
4/03/15
A 39.3k sf R&D / flex facility in Sunnyvale was purchased by Sand Hill Property Co for $14.45 mil, or $368/sf. The asset, located at 674-678 W. Maude Ave, west of Mathilda Ave and north of Central Expwy, was sold by Ben Londo...
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• Newly Constructed Silicon Valley Apartment Complex Sells for $84 Mil
4/03/15
Oakwood Worldwide recently closed on the purchase of The Lane on the Boulevard, a newly constructed, 141-unit, luxury multifamily community on the San Francisco Peninsula in Redwood City. The property was sold by Summerhill a...
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• Swift Realty Partners Lands Permanent Financing for San Francisco Office Building
4/02/15
Swift Realty Partners has obtained $19.75 mil in permanent financing for 260 California Street, a 12-story, historic brick office building located in San Francisco’s Financial District. 260 California is situated one block fr...
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• Rubicon Point Partners Collects $40 Mil from Silicon Valley Office Sales
4/01/15
Two Class A office buildings in Silicon Valley were sold in separate deals that totaled roughly $40 mil. The properties, located at 274-282 Castro St in Mountain View and 1870 Embarcadero Rd in Palo Alto, were both sold by Sa...
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• Work Begins on Berkeley Apartment Development
3/31/15
Olympic Residential Group has broken ground on a 99-unit market-rate residential mixed-use development at 2121 Dwight Way in Berkeley, California. The site is located along Shattuck Ave in downtown Berkeley and is in close pr...
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• CBRE Arranges $44 Mil in Construction Money for San Francisco Res Project
3/30/15
CBRE Capital Markets’ Debt & Structured Finance team has secured $44.6 mil in construction financing for Eviva Mission Bay, a 129-unit multifamily community in San Francisco. The project will be comprised of 72 one-bedroom, 5...
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• San Francisco Waterfront Office Building to Be Redeveloped
3/27/15
ATC Partners LLC has obtained $14.6 mil in financing to redevelop 1000 Sansome, a 60k sf office building in San Francisco’s Waterfront/Jackson Square district. The borrower plans a Class A upgrade of the brick-and-timber pro...
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• Osterhout Design Group Doubles Its San Francisco HQ Space
3/26/15
Osterhout Design Group (ODG) inked a long-term expansion lease for its San Francisco headquarters, taking the entire 33.9k sf fifth floor at 153 Townsend Street. The increase represents a nearly 50% expansion from its existin...
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• Walker & Dunlop Structures $55 Mil in Acquisition Financing for NoCal Res Buy
3/25/15
Walker & Dunlop Inc has structured a $54.84 mil, Fannie Mae acquisition loan for Highland Gardens Apartments, a 187-unit multifamily complex in Mountain View, CA. Highland Gardens Apartments is a garden-style apartment commun...
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• Postcard Building Gets Stamp of Approval by a New Owner
3/24/15
A two-story, Tudor-style property in the Bay Area city of Burlingame has changed hands at a price of $9.5 mil. The property, built in 1945 and considered a landmark by many, is known as the “Postcard Building.”
The building,...
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• Santa Clara Apartment Asset Goes for Over $250k/Unit
3/20/15
The Village at Lawrence Station, a multifamily complex consisting of 56 units on two contiguous parcels in Santa Clara, sold for $14.25 mil ($254k/unit). The asset was purchased from a private local trust by a large, unnamed ...
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• The Bascom Group Teams Up with Carlyle Realty Partners in 220-Unit Bay Area Res Buy
3/19/15
In a Bay Area multifamily buy, The Bascom Group LLC, in a venture with funds managed by Carlyle Realty Partners, have acquired Bridgecourt Apartments, a 220-unit, Class A apartment community in Emeryville, for $45.1 mil ($205...
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• Opower Subleases 35k sf of SOMA Space from Riverbed Technologies
3/17/15
Opower has subleased a 34.5k sf full floor space from Riverbed Technology at Riverbed’s headquarters in San Francisco. Riverbed’s master lease consists of the lower half of the 14-story, Class A building located at 680 Folsom...
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• CBRE Hires Six in the Bay Area
3/16/15
In the Bay Area, CBRE has added six new hires to its Foster City and Palo Alto offices. David Black, Jason Cranston and Marshall Hydorn have joined the company’s Foster City office as Senior Vice Presidents in its Industrial ...
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• iMatchative Takes Additional 14k sf at San Francisco Office Tower
3/11/15
In a recent San Francisco office lease transaction, iMatchative Inc signed an expansion deal for an additional 14k sf of space at 201 Spear St, a couple of blocks in from the Embarcadero. The company, which currently occupies...
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• Investor Picks Up Antioch Res Complex for $146k/Unit
3/10/15
Village at Park View Apartments, an 85-unit apartment complex in Antioch, CA, recently sold in a transaction valued at $12.4 mil, or $145.9k/unit. The community is located at 2800 Gentrytown Dr, south of Hwy 4 and east of Som...
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• Investor Acquires 90k sf Walnut Creek Industrial Asset
3/06/15
An investor group led by Hall Equities Group has acquired a 90k sf industrial building in Walnut Creek. The property, located at 205 Wiget Lane, is used as Del Monte Pacific Limited’s worldwide R&D/manufacturing headquarters ...
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• Wood Partners Sells San Mateo Res Complex to Land & Country
3/04/15
Mode by Alta, a 111-unit multifamily community on two acres in San Mateo, was acquired by Land & Houses USA Inc for $73.6 mil, or $663k/unit. Located at 2089 Pacific Blvd, west of Hwy 101 and south of the 92 Fwy, the property...
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