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• Swift Real Estate Partners Finances 1.3 msf NoCal Office Buy with $152 Mil Loan
7/23/14
Swift Real Estate Partners has obtained $152 mil in debt financing for California Center, a 1.3 msf office campus in the East Bay city of Pleasanton that the company just acquired from RREEF in June. Starwood Property Trust p...
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• San Francisco Travel Leases 19k sf in City’s Financial District
7/23/14
San Francisco Travel has relocated into 19.4k sf of office space on the 29th floor at One Front Street in San Francisco’s Financial District. Terms of the deal were not disclosed.
San Francisco Travel’s new high-end space co...
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• Mozart Does the Tango
7/22/14
Tango has inked a long-term lease that will give the company full occupancy of a 53.4k sf, Class A corporate R&D/office building in Mountain View. Tango is a free mobile messaging service with more than 200 million registered...
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• Hortonworks Leases 65k sf Santa Clara Building
7/21/14
Hortonworks has leased an entire 65k sf office building within the Stadium TechCenter campus in Santa Clara. The company will be relocating and expanding its operations currently located in Palo Alto. Hortonworks is scheduled...
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• Work on Marin County Emergency Operations Facility Completed
7/17/14
Redevelopment and final tenant improvement work at Marin Commons in San Rafael to create the new Marin County Emergency Operations Facility (EOF) has been completed. The Sheriff's Office will occupy 118k sf covering the enti...
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• Patson Companies Pays $72 Mil for San Francisco Office Building
7/09/14
San Francisco-based Patson Companies recently closed on a San Francisco office buy, paying $72.6 mil for 1155 Market St in the city’s Mid-Market area. The 11-story, 140k sf ($518/sf) building was sold by Laurus Corporation.
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• Frontline Energy Services Leases 13k sf Office Space in Concord
7/08/14
Frontline Energy Services leased 13k sf of office space in Concord Gateway II in the Bay Area city of Concord. Frontline will use the space, located at 1855 Gateway Blvd, south of Willow Pass Rd and east of Hwy 242, as the re...
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• The STG Group Pays $13.4 Mil for 169k sf of Santa Rosa Office Properties
7/03/14
The STG Group paid $13.4 mil for a portfolio of five office buildings located in Santa Rosa. The buildings, totaling 169k sf ($79/sf), were sold by longtime owner, Sausalito-based Berg Holdings Corp, led by Skip Berg. The pro...
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• San Jose Office Property Sells for $52 Mil
7/02/14
In a San Jose office investment deal, American Realty Capital LLC has purchased a recently repositioned office campus for $52 mil from Bixby Land Company. The 165k sf ($315/sf) property, located at 211, 251 and 281 River Oaks...
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• Kennedy Wilson Picks Up 542-Unit Bay Area Multifamily Asset
7/02/14
Kennedy Wilson has acquired Kirker Creek Apartments, a 542-unit multifamily community in Pittsburg, CA, for $96.5 mil ($178k/unit). Kennedy Wilson invested $21.2 mil of equity in the transaction, including closings costs and ...
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• Go Raw Uses SBA Financing to Relocate into New San Jose Facility
6/26/14
Go Raw has relocated into a newly constructed 63.2k sf warehouse in San Jose. The firm financed the purchase and construction of the building, located at 1885 Las Plumas Ave, just east of Hwy 101 and Kings Rd, with a $7.1 mil...
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• San Francisco Restaurant Acquires Their Building with SBA Financing
6/23/14
The owners of DRAKE Gastro Lounge have acquired the 9.9k sf building they occupy in San Francisco’s South of Market area (SOMA). The two-story restaurant, bar, and lounge is located at 508 Fourth St, at the intersection with ...
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• Jamestown Collects Over $400 Mil from Sale of Pacific Place in San Francisco
6/23/14
Atlanta-based Jamestown has sold Pacific Place, a 430k sf, LEED Gold-certified office and retail property located at 4th and Market streets in downtown San Francisco. Situated at the dynamic nexus of the Union Square, South o...
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• California Landmark Spends $24 Mil on Its First NoCal Buy
6/20/14
California Landmark Group (CLG) has acquired the Woodlark Apartments, an 80-unit multifamily property in Marin County, for $24 mil ($300/unit) in an off market purchase. Located at 965 Magnolia Ave in the city of Larkspur, th...
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• Johnson Capital Arranges $6.7 Mil for Corcoran, CA Apartment Complex
6/19/14
Lanford Tobe, in Johnson Capital's Sacramento office, has arranged a $6.67 mil loan secured by an apartment complex in Corcoran, CA, a city about 50 miles south of Fresno. The property, Willow Lakes Apartment Homes, was built...
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• Construction Finished on New 158-Unit Res Project in San Mateo
6/19/14
Construction was just completed on 888 San Mateo, a 158-unit luxury apartment community located at 888 San Mateo Dr in the Bay Area city of San Mateo. The project is being developed by partnership between a Sares Regis Group ...
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• CBRE Arranges $86 Mil in Purchase Money for Palo Alto Office Property
6/19/14
CBRE Capital Markets' Debt & Structured Finance team arranged $86.5 mil in non-recourse financing for the acquisition of 3175 Hanover St, a 128.7k sf, single-tenant office building in Palo Alto. The property is leased to Cool...
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• Ingram Micro Leases 32k sf in Sunnyvale
6/18/14
Ingram Micro, a wholesale distributor of electronics and mobile phones, has leased a 31.8k sf building at 435 Indio Way in Sunnyvale for the operation of its recently acquired company Shipwire, an eCommerce warehouse and orde...
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• JB Matteson Pays $32 Mil for Theater Square Apartments in Petaluma
6/18/14
San Mateo-based JB Matteson Inc recently acquired Theatre Square Apartments, a Class A mixed-use property in downtown Petaluma, for $32.5 mil. Built in 2005, the property is located at 151 Petaluma Blvd South and 101 Second S...
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• NerdWallet Leases 45k sf in San Francisco
6/17/14
NerdWallet Inc is the latest tech firm to lease space so far this year in San Francisco. The company inked a seven-year deal for 45.7k sf at 901 Market St, a 212.3k sf, historic building owned by Hudson Pacific Properties at ...
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