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• 24 Hour Fitness Takes 39k sf Space in San Jose
9/22/14
In a notable retail lease comp in San Jose from a couple of months back, 24 Hour Fitness inked a long-term deal for 38.9k sf of space for its brand new health club at Eastridge Center. Serving as co-anchor, 24 Hour Fitness is...
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• San Francisco’s One Sansome Street First Building in City to Achieve LEED Platinum v4 Certification
9/19/14
A San Francisco office high-rise, One Sansome Street, has achieved LEED Platinum v4 certification, the highest level of certification in environmental sustainability from the US Green Building Council. One Sansome, owned b B...
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• Newmark Realty Capital Arranges $28 Mil in Construction Money for San Francisco Office Project
9/18/14
Newmark Realty Capital has arranged $28.5 mil in construction financing for 85 Bluxome, a ground-up office development in the SoMa submarket of San Francisco. 85 Bluxome will be a Class A, 55k sf office building, a rarity for...
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• Sonoma Apartment Property Sells for $183k/Unit
9/18/14
Sonoma Mission Apartments, a 43-unit apartment property located in Sonoma, sold for $7.85 mil ($182.5k/unit). The property, located at 18161 Happy Lane, just west of Sonoma Hwy, was sold by a private investor.
The property c...
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• Hunter Storm Signs Three at San Jose Retail Development
9/18/14
There have been three recent tenant signings at Village Oaks shopping center in South San Jose. The 325k sf project, being developed by Hunter Storm Properties, is located at HWY 85 and Cottle Rd. It is expected to open in th...
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• Leasing of New Redwood City Office Project is All Neatly Wrapped Up In a Box
9/17/14
Box Inc has inked a 12-year lease for all of Crossing/900, a two-building, 334k sf office project currently under development by Kilroy Realty Corp (KRC) in Redwood City. The project, designed by Korth Sunseri Hagey, is locat...
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• TargetExpress on Target for Three Bay Area Store Openings
9/15/14
Target Corporation has inked three new deals in the Bay Area for its new TargetExpress store concept. Two of the stores will be in San Francisco while the other is scheduled for Berkeley.
The big box retailer, which typicall...
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• Lowe Enterprises Entity Buys Hotel De Anza in San Jose
9/11/14
Lowe Enterprises Investors (LEI) has acquired the historic Hotel De Anza in San Jose on behalf of an investment client. The 100-room, 10-story hotel is located at 233 W. Santa Clara St, in the heart of the city’s downtown ar...
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• Columbia Property Trust Completes $300 Mil San Francisco Office Buy
9/10/14
In news of a large office investment buy in San Francisco, Columbia Property Trust has acquired 650 California Street, a 33-story, 478.4k sf Class A office tower in the city’s Financial District. The high-rise was purchased f...
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• San Francisco Office Tower Receives LEED Platinum Certification
9/10/14
In San Francisco, 75 Hawthorne at Hawthorne Plaza has received Platinum certification under the U.S. Green Building Council's LEED for Existing Buildings (EB) Rating System. Previously in 2009, Hawthorne Plaza became the fir...
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• Pembroke Real Estate Completes First San Francisco Office Buy
9/09/14
Pembroke Real Estate has acquired 100 California Street, a 288.6k sf office building in the heart of San Francisco’s Central Business District. The purchase, which was made on behalf of its investors, marks Pembroke’s first a...
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• San Francisco Leads the Country in High-Tech Job Growth
9/08/14
San Francisco dominates all other U.S. markets in high-tech industry growth, according to JLL's latest High-Technology Office Outlook market report. The #1-ranked city’s ability to attract high-tech companies and huge amounts...
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• Retail Property in San Francisco’s Union Square Acquired by UK-Based St. Bride’s Managers
9/01/14
St. Bride’s Managers, a UK-based real estate company, has purchased a three-story, 39.2k sf retail building located at 300 Grant Ave in San Francisco. The property was sold by a venture of Chicago-based Kinship Capital, Pearl...
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• Rialto Capital Management Buys 423k sf East Bay Office Campus
8/28/14
Miami-based Rialto Capital Management has purchased Walnut Creek Executive Park, a 423.5k sf office campus located in San Francisco’s East Bay. The asset was sold by a global institutional investor for $48.6 mil, or $115/sf....
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• Small Building in Union Square Goes for Big Dollars
8/28/14
A New York-based investment firm has purchased 69 Maiden Lane, the smallest building in San Francisco’s fabled Union Square District, for $4.315 mil, pushing the per-square-foot price in that tony neighborhood to within a whi...
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• Newmark Grubb Knight Frank Completes Acquisition of Cornish & Carey
8/19/14
Global real estate services firm Newmark Grubb Knight Frank (NGKF), a division of BGC Partners Inc, has wrapped up its acquisition of Cornish & Carey Commercial, a NoCal-based commercial real estate brokerage firm. Financial ...
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• Kennedy Wilson Lands Management Assignment for San Francisco Office Tower
8/19/14
East West Bank has awarded the property management assignment for the 555 Montgomery Street office building in San Francisco to Kennedy Wilson. The 18-floor, Class A office building is located in the heart of the city’s finan...
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• Mesa West Provides $51 Mil for Two Bay Area Multifamily Buys
8/12/14
In separate financings, Mesa West Capital has funded two loans totaling $51.4 mil for the acquisition and renovation of multifamily properties in the San Francisco Bay area cities of Larkspur and Palo Alto.
“The San Francisc...
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• The Sobrato Organization Obtains $120 Mil in Financing on San Francisco Office Property
8/12/14
NorthMarq Capital has arranged financing of $120 mil for 500 Terry Francois, a 305.3k sf office building located at 500 Terry A. Francois Blvd in San Francisco. The borrower is an affiliate of The Sobrato Organization.
Built...
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• Jamestown Acquires 297k sf San Francisco Office Asset
8/05/14
In a major San Francisco office buy, Jamestown has just acquired Waterfront Plaza, a 297.3k sf complex in the city’s North Waterfront submarket.
The four-building asset, which was 92% occupied at the time of sale, was sold ...
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