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• TMG / Northwood Investors Partnership to Develop 2 msf of Space at Transbay Site
6/28/13
A joint venture between TMG Partners and Northwood Investors LLC has acquired an assemblage of parcels at First and Mission Streets in San Francisco. The partnership plans to develop two towers with approximately 2 msf of of...
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• Cohen Financial Arranges $21 Mil Refi on a FedEx Express Facility
6/27/13
Cohen Financial has arranged a $21 mil refi for a FedEx Express air/ground/transportation facility less than a mile from the Federal Express Super Hub, one of 10 international FedEx hubs, located at the Oakland International ...
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• Broadreach to Develop New Office Project on Silicon Valley Site
6/26/13
Broadreach Capital Partners has acquired a 5.2-acre land site in Mountain View, within the Bay Area’s Shoreline submarket, where the company is planning on developing a state-of-the-art office project.
According to Broadreac...
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• Genworth Financial Inks Office Lease for 50k sf in Concord
6/24/13
In a recent East Bay office lease, Genworth Financial Wealth Management Inc signed a long-term deal for 50k sf at Swift Plaza in Concord. The investment management and consulting firm is relocating operations from nearby Plea...
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• Sares Regis Looking to Develop 52-Unit Res Project in Mountain View
6/21/13
In development news out of Silicon Valley, Sares Regis Group of Northern California is proposing a 52-unit residential community for the 1100 block of West El Camino Real in Mountain View. The proposal includes a collection ...
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• 94-Unit San Jose Res Development Set to Open
6/21/13
Centered on Capitol, a new San Jose res community, is slated to open its doors tomorrow, with first move-ins expected this fall. The 94-unit project, located at 1328 N. Capitol Ave, on the east side of I-680, is a development...
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• Trumark Urban Acquires 222k sf San Francisco Office Building for Res Conversion
6/20/13
In San Francisco res development news, Trumark Urban has purchased a 222k sf office building in the city’s Pacific Heights neighborhood for conversion into a high-end residential tower. The property, located at 2155 Webster S...
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• Recapitalization and Renovation of Silicon Valley Office Building a Slam Dunk for the Admiral
6/18/13
San Antonio-based Admiral Capital Real Estate Group has formed a joint venture with NoCal-based South Bay Development Company to recapitalize and renovate 4500 Great America Parkway, a 75k sf office building prominently locat...
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• Grocery Outlet Leases 54k sf Emeryville Facility
6/17/13
Grocery Outlet leased a 54.1k sf office building in Emeryville that had been converted from warehouse space by the property owner, Hollis Street LLC. The single-story, freestanding building is located at 5650 Hollis St, in th...
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• 25k sf Burlingame Office Building Sells for $5.5 Mil
6/13/13
Phoenix Pharmaceuticals, a comprehensive supplier of new peptide-related products, acquired a 25.6k sf office building in Burlingame for $5.5 mil ($215/sf). The single-story property, located at 828 Airport Blvd, south of San...
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• Dostart Development Obtains Funds for Purchase and Renovation of Vacant Sunnyvale Building
6/12/13
Dostart Development Company LLC has acquired senior debt financing needed for its off-market acquisition and planned renovation of a vacant 95k sf, technology-oriented office building located in Sunnyvale. The financing was p...
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• Carmel Partners Buys 84-Unit Alameda Apartment Property
6/11/13
San Francisco-based Carmel Partners purchased Marina View Towers, an 84-unit mid-rise, waterfront multifamily community located at 1100 Pacific Marina in the East Bay city of Alameda, for an undisclosed sum. The eight-story, ...
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• Jones Lang LaSalle to Handle Leasing at East Bay Ind Complex
6/10/13
Jones Lang LaSalle (JLL) was awarded the leasing assignment for Fremont Distribution Center, a three-building, institutional quality warehouse and distribution facility in Fremont. The property is located at 47602-47283 Kato ...
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• C.P. Shades Renews Its Sausalito HQ Space
6/07/13
C.P. Shades Inc, a clothing retailer and manufacturer, has signed a $1.1 mil lease renewal for its headquarters located in Mariner’s Landing in Sausalito. The company renewed its commitment for 16.2k sf of space for an addit...
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• Blackstone Picks Up 751-Room, Four-Hotel Portfolio
6/04/13
Blackstone has acquired the 751-room, four-property, Hilton Select Service Portfolio from Apollo Global Management and Sage Hospitality, who have liquidated their ownership position in the portfolio. The purchase consists of ...
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• Jesse Weber Joins CBRE in San Francisco as Senior Vice President
6/03/13
Jesse Weber has joined CBRE as Senior Vice President within the Capital Markets Debt & Equity Finance division. Weber brings almost seven years of mortgage banking experience specializing in multifamily commercial real estate...
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• Hager Pacific Getting Its Portfolio in Shape with Addition of Two CA Fitness Properties
5/30/13
Hager Pacific Properties recently boosted its real estate portfolio with the addition of two fitness properties in California. In one of the deals, the company purchased a 45k sf former industrial building on a 4.1-acre lot i...
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• Mixed-Use Property in San Francisco’s Union Square District Listed for $13.9 Mil
5/30/13
In San Francisco, an interesting mixed-use property in the city’s Union Square area has come on the market. Located at 347-359 Grant Ave and 507 Bush St, the retail/residential building consists of two ground-floor retail spa...
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• Swig Company Wins Big at BOMA SF’s Earth Awards
5/30/13
The Earth Awards recognize member buildings within the BOMA San Francisco and BOMA Oakland/East Bay territories that utilize the most comprehensive resource management programs, including commercial recycling programs, energy...
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• Nathan Elliott Joins CBRE in San Francisco
5/29/13
Nathan Elliott has joined the San Francisco office of CBRE as a Senior Vice President. Elliott will focus on debt financing for commercial properties alongside CBRE’s Brad Zampa, Executive Vice President, as well as CBRE’s Ru...
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