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• Swift Real Estate Partners Acquires Foster City Medical Building
6/13/14
Swift Real Estate Partners has landed $11.15 mil in non-recourse financing for Foster City Medical Pavilion, a 39.8k sf medical office building located in Foster City. The loan proceeds were used to acquire the approximately ...
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• Spansion Leases 155k sf in North San Jose
6/13/14
Spansion has signed a long-term lease for 154.6k sf of space in two buildings at the Ridder Park Technology Center in North San Jose. Spansion, which recently sold its 470k sf headquarters facility in Sunnyvale, will be occup...
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• Loring Ward Signs 43k sf Office Lease in San Jose
6/12/14
In a deal we’re told is the largest office lease in downtown San Jose year-to-date, Loring Ward has signed a long-term lease for 42.6k sf of Class A office space at Ten Almaden. Loring Ward, an investment manager based in Sil...
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• Lennar Homes Buys 12.7 Acres in Daly City for Residential Development
6/11/14
In residential development news out of Northern California, Lennar Homes recently acquired 12.7 acres of land in Daly City. The site, which is located at 60 Christopher Ct, was sold by the Jefferson School District and is the...
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• TEF Architecture Acquires New San Francisco Home with SBA Loan
6/10/14
TEF Architecture and Interior Design is relocating within San Francisco after acquiring a 12.2k sf building in the city’s Cathedral Hill area. The building, located at 1420 Sutter St, was purchased with an SBA 504 loan for $4...
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• Santa Clara Seniors Affordable Housing Project Fully Occupied at Opening
6/10/14
Camino del Rey Senior Apartments, a new seniors affordable housing development in Santa Clara, has just opened its doors. Developed by ROEM Corporation, the project contains 48 one-bedroom apartments that are affordable to se...
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• Redwood City Apartment Complex Fetches Over $625/sf
6/06/14
Township, a newly constructed, 132-unit apartment complex in downtown Redwood City, sold a few weeks ago for $83 mil, a sales price that equates to about $628.8k/unit. The pricey asset was sold by a joint venture between Sare...
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• Renowned Architect Renzo Piano to Design Portion of City Center at Bishop Ranch
6/05/14
Sunset Development Company (SDC) has retained world-renowned architect Renzo Piano to design the Plaza District portion of the entitled City Center project at Bishop Ranch in San Ramon. City Center will include, retail, offic...
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• Verizon Corporate Services Leases 136k sf in San Jose
6/04/14
Verizon Corporate Services recently agreed to a lease for 136k sf of space within two of the buildings at THE Campus, a four-building, 250k sf office development in San Jose. Terms of the deal were not immediately disclosed.
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• Meridian Property Company Breaks Ground on Marin County Outpatient Center
6/04/14
Meridian Property Company has just broken ground on a new outpatient center in downtown San Rafael. Located at 1415 Third St, west of Hwy 101, the 10.5k sf, state-of-the-art medical clinic will serve the residents that live i...
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• UBER Technologies Growing in San Francisco
6/03/14
UBER Technologies Inc has expanded its lease by an additional 130.4k sf at 1455 Market Street in San Francisco, bringing the firm’s total occupancy at the building to 218.6k sf of space. In July 2013, UBER signed a lease enc...
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• Lone Oak Fund Provides Financing for Three CA Hotel Deals Totaling 140 Rooms
6/02/14
Lone Oak Fund LLC has provided financing for the acquisition and refinance of three separate hotels totaling 140 rooms in California. Lone Oak specializes in short term loans on commercial and residential properties.
“Privat...
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• The Swig Company and Project Frog Create a Living Laboratory in San Francisco
5/30/14
Here’s some interesting news that offers a heads up about building spaces of the future. The Swig Company and Project Frog have teamed up to create a “living laboratory” and showcase for sustainable building, all within Proje...
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• NoCal Coastal Multifamily Property Goes for $109k/Unit
5/30/14
WaveCrest Capital Management LLC, a San Francisco-based real estate investment and advisory firm, in partnership with a Southern California-based family office investor, has acquired the Tembladera Apartments, a 22-unit multi...
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• Draftsmen & Craftsmen
5/29/14
Here’s an update on construction of 181 Fremont St, a 55-story, mixed-use tower currently being built by Jay Paul Company in San Francisco’s SOMA District. The project, adjacent to the city’s new Transbay Terminal development...
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• Zanotto’s Inks Lease for 23k sf Grocery Store in Sunnyvale
5/28/14
Zanotto’s has signed a long-term deal for 23.2k sf of space for a new grocery store at the De Anza Square Shopping Center in Sunnyvale. Owned by De Anza Properties, the center is located at 1356 S Mary Ave, at the southeast c...
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• RiverRock Real Estate Group Lands Management Assignment for 347k sf Concord Office Property
5/27/14
RiverRock Real Estate Group has been awarded the management assignment for Concord Corporate Centre, a 347k sf office complex in Concord, CA. Owned by a joint venture of Montgomery Advisors and Prudential, Concord Corporate C...
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• Chinese Development Entity Pays $350 Mil for San Francisco Office Property
5/23/14
In what we’re told is the largest office buy in San Francisco since 2012, Chinese developer Kylli Inc has purchased 225 Bush St, an historic office building located in the city’s Central Business District. The 583k sf buildin...
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• New 575k sf East Bay Ind Facility Completed and Leased
5/22/14
Cherry Logistics Center, a new 575k sf industrial facility situated on a 29.4-acre infill parcel in the East Bay city of Newark was recently completed and is already fully leased. The development, located at 38811 Cherry St, ...
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• Hines and Oaktree Pick Up Sunnyvale Office Property
5/20/14
Hines has teamed up with an Oaktree Capital Management fund to acquire a 75.4k sf office property in Sunnyvale. The building, located at 825 Stewart Dr, just east of Fair Oaks Ave, was sold by Pacific Landmark, LLC. Financia...
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