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• CBRE Team Arranges $17 Mil in Financing for Two Daly City Acquisitions
12/09/14
CBRE Capital Markets’ Debt & Structured Finance team has secured $16.7 mil in non-recourse financing for two separate properties in Daly City; a medical office located at 901 Campus Dr, and a retail center located at 2201 Jun...
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• Woodbridge Capital Partners Buys Stanford Court Hotel in San Francisco
12/08/14
Real estate investor Michael Rosenfeld and his Woodridge Capital Partners closed on another major hotel buy atop Nob Hill in San Francisco. In this latest deal, Rosenfeld bought the Stanford Court Hotel, located at 905 Califo...
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• Catellus Signs Two Restaurant Tenants at Fremont Retail Center
12/04/14
The Block at Pacific Commons in the Bay Area city of Fremont has added two more dining options, Bennigan’s and Boneheads. Bennigan’s, an Irish pub-themed casual restaurant, will be opening a 5.6k sf restaurant and Boneheads, ...
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• DivcoWest Closes $40 Mil NoCal Office Buy
12/04/14
DivcoWest just closed on a Bay Area office acquisition, buying Century Plaza, a 115.8k sf property in Foster City. The asset, located at 1065 East Hillsdale Blvd, was sold by the Marin County Employees’ Retirement Association...
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• Marin Cancer Institute Financed with $17.4 Mil Loan
12/02/14
Empire Square Group and Kuwait Finance & Investment Company recently obtained $17.4 mil in non-recourse financing for the Marin Cancer Institute in Greenbrae, CA. The five-year, fixed rate interest-only loan was arranged by C...
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• Ad Agency Relocates from San Francisco to Oakland
11/26/14
Independent advertising agency EVB has inked a lease that will relocate its headquarters from San Francisco to Oakland in early 2015. The creative firm, which was founded in San Francisco’s SoMa district, signed a new lease f...
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• Silicon Valley Office Asset Trades Hands
11/26/14
Britannia Business Center, a 135k sf office property in the Silicon Valley city of Pleasanton was purchased by an unnamed private investor out of the Bay Area. The two-building complex, located at 5700-5702 Stoneridge Drive i...
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• CBRE Arranges $32 Mil on Silicon Valley Hotel Asset
11/20/14
CBRE Capital Markets' Debt & Structured Finance team has secured $32 mil in non-recourse financing for the Hilton Garden Inn, a 164-room, limited-service hotel in the Silicon Valley city of Cupertino.
Located at 10741 North...
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• Kilroy Realty Buys Silicon Valley Office Campus
11/19/14
Office REIT Kilroy Realty Corporation recently purchased Chesapeake Commons, a four-building, 261k sf office project in Sunnyvale’s Moffett Park District. The asset, located at 1310-1327 Chesapeake Terrace, was sold by DivcoW...
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• Napa Multifamily Community Trades for Near $200k/Unit
11/19/14
San Diego-based MG Properties has acquired Bella Vista Apartment Homes, a 72-unit residential complex in the Bay Area city of Napa. The property was sold by Seattle–based Trinity Investments for $14.075 mil, or $195.5k/unit, ...
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• Upscale Walnut Creek Res Project Completed
11/18/14
Summerhill Apartment Communities recently wrapped up construction on Brio, a new 300-unit luxury residential rental community in Contra Costa County. The development is situated just four blocks from a BART light rail station...
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• Tractor Supply Company Takes Over Former Bowling Alley in Watsonville, CA
11/17/14
Tractor Supply Co. has signed a long-term lease for 19.1k sf of space at 580 Auto Center Dr in Watsonville, a CA town of about 52,000 people situated 50 miles south of San Jose. The property, which currently houses the long-v...
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• Exercise Studio Leases Ground Floor Retail Space at Los Altos Res Community
11/14/14
Barre3 has leased 1.5k sf of ground floor retail spaces at Colonnade, a 167-unit luxury apartment community located at 4750 El Camino Real in Los Altos. The property is situated near the intersection of San Antonio Rd and El ...
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• Upscale San Francisco Apartment Building Sells for $860k/Unit
11/14/14
Veritas Investments purchased 6 Mint Plaza, a 25-unit apartment complex in San Francisco, for $21.5 mil, or $860k/unit. The upscale residential property, located on Jessie St at 5th St, is situated in the city’s SOMA (South o...
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• Pacific Heights Res Project to Get Underway with $143 Mil in Construction Money
11/13/14
Oyster Development Corp and Tricon Capital have obtained $143.5 mil in construction financing for Rockwell, a luxury condo development located at 1634-1690 Pine St in San Francisco’s upscale Pacific Heights neighborhood. The ...
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• CBRE Team Arranges $84 Mil for Recent Silicon Valley Tech Park Buy
11/11/14
CBRE Capital Markets’ Debt & Structured Finance team arranged $84 mil in financing for the purchase of Tasman Technology Park in Milpitas in September of this year. The 14-building, 610k sf, institutional quality office and R...
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• Concord Multifamily Community Sells for Over $8.8 Mil
11/10/14
Diablo Villas Apartments, a 48-unit multifamily property in Concord, was acquired by WaveCrest Capital Management LLC in an off-market transaction valued at $8.825 mil ($184k/unit). The property was sold by a local Bay Area l...
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• Swift Realty Partners Buys Bay Area Medical Office Property
11/07/14
Swift Realty Partners purchased a 75.6k sf medical office building at 901 Campus Drive in Daly City. The property was sold by Serramonte Ridge Medical Center Enterprises. The price was not disclosed.
Serramonte Ridge Medical...
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• Redwood City Res Project is Completed
11/06/14
Summerhill Apartment Communities has completed work on "The Lane on the Boulevard," a new 141-unit luxury residential rental community in Redwood City, on the San Francisco Peninsula, just north of Atherton. The project was d...
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• San Francisco Office Tower Lands $150 Mil in Refi Money
11/05/14
An affiliated entity of Chicago-based Metropolis Investment Holdings Inc has closed a large financing transaction. The firm obtained $150 mil in refi money on 345 California Center, a 48-story, 600k sf office high-rise in San...
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