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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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• Equinix Leases Entire 71k sf Building in Sunnyvale
3/03/15
Equinix, the world’s largest IBX data center and colocation provider, has leased an entire 71k sf building Sunnyvale. The three-story building is located at 1188 E. Arques Ave, within the Arques Technology Center. Prior to it...
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• Jim Osburn Named Managing Director of Real Estate Management Services at Colliers International’s San Francisco Office
2/27/15
Jim Osburn has been named Managing Director of Real Estate Management Services (REMS) for Colliers International’s San Francisco office.
Osburn has over 15 years of experience in commercial real estate asset management, prop...
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• Meridian Property Completes Its Second East Bay Office Buy This Year
2/27/15
Meridian Property Company has closed escrow on its second East Bay acquisition in the past couple of weeks. In this latest deal, the company purchased a 15.9k sf medical office building in Berkeley. The property, located at 2...
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• Blue Coat Systems Inc Leases New Sunnyvale Office Project
2/25/15
Blue Coat Systems Inc, an online security company, has leased the entire Oakmead Tower project in Sunnyvale. Oakmead Tower is a recently completed, four-story, 104.5k sf office building.
Located at 384 Santa Trinita Ave, ju...
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• Personalis Leases 31k sf at Menlo Business Park
2/23/15
Personalis Inc, a leading genomics-based clinical diagnostic laboratory, has signed a 66-month lease for more than 31k sf at Menlo Business Park in Menlo Park. Personalis will occupy the entire building at 1330 O’Brien Dr and...
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• Hilton Worldwide Acquires 1,024-Hotel in San Francisco’s Union Square
2/19/15
Hilton Worldwide has acquired 55 Wyndham San Francisco – Union Square, a 1,024-room hotel in one of the world’s most desirable tourist locations. The property, which will be renamed Parc 55 San Francisco a Hilton Hotel, also ...
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• San Francisco Apartment Building Sells for $667k/Unit
2/18/15
A 12-unit apartment property in San Francisco sold for $8 mil, or a healthy $667k/unit. The property is located at 1100 Fulton St, north of Fell St and east of Divisadero St, at the edge of Alamo Square.
For those not famili...
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