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• TIAA-CREF Buys 39k sf Building in San Francisco’s Union Square
11/06/12
In a San Francisco office buy, TIAA-CREF purchased 228-240 Post Street, a 39k sf, multi-level luxury retail property which formerly served as the downtown San Francisco location for Ann Taylor. The property is located between...
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• Pacifica Manufactured Home Community Refinanced with New $11.5 Mil
11/02/12
InSite Realty Advisors has obtained $11.5 mil in refi money for Pacific Skies Estates, a 93-space manufactured home community situated on nine acres adjacent to the Pacific Ocean in the NoCal city of Pacifica. The new five-ye...
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• Kennedy Wilson Completes $31 Mil East Bay Multifamily Buy
11/01/12
“Oakland has enjoyed tremendous growth over the past two years,” said Bob Hart, president of KW Multifamily Management Group. “The area has experienced a gentrification and spillover effect from the rapidly increasing rents i...
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• Veterans and Military Housing Leases East San Jose Multifamily Community
10/31/12
Veterans and Military Housing (VMH) leased a 61-unit, 52k sf multi-family community on 4.26 acres in East San Jose. VMH will be relocating from their long-time home in Menlo Park on the VA Menlo Park Healthcare Campus, as a r...
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• NoCal Deal Briefs
10/30/12
SAN FRANCISCO (San Francisco County) -- Barney’s New York inked a 10-year lease for 17.3k sf of space at 49 Geary St in Union Square that it will utilize for administrative and training staffing services that support its flag...
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• San Francisco’s Boutique Hotel Palomar Trades Hands for $58 Mil
10/26/12
Pebblebrook Hotel Trust, a Bethesda, MD-based REIT, has acquired the 196-room Hotel Palomar in San Francisco for $58 mil, or about $296k/room. The boutique hotel property, located at 12 Fourth St in the city’s SOMA District, ...
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• Hines and Boston Properties Team Up in Venture to Build 1.4 msf Transbay Tower
10/25/12
In major development news form San Francisco, Hines and Boston Properties recently finalized the formation of a joint venture to acquire the project land for the Transbay Tower project from the Transbay Joint Powers Authority...
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• CapRock Partners Completes 238k sf East Bay HQ/Ind Property Buy
10/23/12
CapRock Partners has completed the acquisition of a newly constructed, Class A headquarters and manufacturing property containing 237.8k sf in Newark, CA. Irvine-based CapRock acquired the asset by buying the non-performing ...
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• Hudson Pacific Gets Square Deal in San Francisco
10/23/12
Square Inc, the successful electronic payment service provider, agreed to a lease at 1455 Market Street in San Francisco that encompasses 246.1k sf of initial occupancy, and includes an expansion option for an additional 81.4...
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• Bixby Land Closes another Silicon Valley Office Campus Buy
10/22/12
Bixby Land Company has purchased Trimble Technology Park, a 234.1k sf office campus in San Jose, for $29.5 mil, or $126 per square foot. Bixby’s acquisition of the four-building office property in San Jose’s Golden Triangle s...
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• Access Closure Closes New Long-Term Lease for 55k sf Facility in Santa Clara
10/17/12
Access Closure Inc signed a long-term lease for an entire 54.8k sf R&D building located at 5452 Betsy Ross Dr in Santa Clara. The firm, a privately held medical device company, will be relocating from a similar-sized space th...
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• County of Santa Clara Leases 84k sf Building in North San Jose
10/16/12
In a sizable Silicon Valley lease, the County of Santa Clara agreed to a long-term deal for an entire 83.8k sf R&D/office building within the Ridder Park Technology Center in North San Jose. The value of the transaction was n...
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• Shorenstein Properties Purchases 136k sf Office Building in South San Francisco
10/12/12
Shorenstein Properties LLC has expanded its office portfolio with the purchase of 801 Gateway Blvd, a five-story, 136.1k sf Class A office building in South San Francisco. The property, located close to Hwy 101 within the Gat...
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• Bixby Land Recognized for Rehab of Santa Clara Campus
10/11/12
Bixby Land Company received the 2012 Structures Award as Best Reuse/Rehab Project in Silicon Valley from the Silicon Valley Business Journal for its renovation of Bixby@Coronado, a 1980s-vintage office campus in Santa Clara. ...
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• W3 Partners and Ridge Capital Partners Acquire 185k sf Silicon Valley Complex
10/10/12
In a recent San Jose investment buy, W3 Partners, an institutional real estate investment manager and operating company, and Ridge Capital Partners LLC, a private equity investment firm, acquired a three-building, R&D / offic...
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• Redeveloped Standard Industrial Property in Sonoma Signs Four
10/08/12
Four new tenants have inked leases at Standard Industrial, a unique, well-located, industrial, warehouse and office property in Sonoma County. With the latest additions to the roster of over a dozen existing industrial-use t...
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• DivcoWest Picks Up 600k sf of BofA-Occupied Office Buildings in Concord
10/05/12
NoCal-based DivcoWest recently closed on a major Bay Area office buy, picking up two buildings totaling 600k sf and fully leased to Bank of America in the city of Concord. The buildings, located at 2000 and 2001 Clayton Rd, e...
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• Importer of Organic Beans and Grains Purchases Livermore Building
10/05/12
Enray Inc has purchased the JE Higgins Building, a 55.3k sf property at 6999 Southfront Rd in Livermore, for $4.4 mil ($80/sf). Enray is an importer of organic grains, beans and seeds.
The property boasts a 28’ clear height,...
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• Ridge Capital Investors Closes $20 Mil NoCal Multifamily Buy
10/04/12
Ridge Capital Investors LLC has acquired TownCentre Commons Apartments, a 137-unit apartment community in Brentwood, for $19.625 mil ($143.2k/unit). Brentwood is a NoCal town situated about midway between Walnut Creek and St...
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• Shorenstein Awards Pre-Leasing of New City Center High-Rise to Cassidy Turley
10/04/12
Shorenstein Properties has awarded the pre-leasing assignment of 601 City Center, a planned 23-story, 597k sf Class A office high-rise that will be positioned in the heart of Oakland’s City Center, to Cassidy Turley. John Dol...
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