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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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• Fox Hunt Ends at 388k sf Stockton Facility
10/04/12
Fox Head has signed a 126-month lease with global industrial REIT Prologis Inc for a 388k sf building at Arch Road Logistics Center in the central CA city of Stockton. Fox Head has begun the build-out of the facility, located...
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• Jamestown Acquires 143k sf San Francisco Mixed-Use Property
10/03/12
Jamestown LP has acquired 799 Market Street, a 142.9k sf mixed-use asset in downtown San Francisco. The Class A, urban retail and creative office building is situated on the northeast corner of Market and Fourth streets, wher...
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• Shea Lands Joint Venture Equity for New Bay Area Res Development
10/02/12
Shea Properties has obtained joint venture equity for the development of 1201 S. Main Street, a 200-unit, Class A multi-housing community to be built in Milpitas. The money was arranged by Mark Erland and Charles Halladay of ...
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• C&C RiverRock Newmark Awarded Management Assignment for 198k sf San Jose Office Building
9/26/12
C&C RiverRock Newmark, a division of RiverRock Real Estate Group, has been awarded the management of 1600 Technology, a 198k sf Class A mid-rise office building in San Jose.
1600 Technology is an eight-story office building ...
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• MBK Picks Up 163-Unit Bay Area Senior Living Community
9/25/12
Irvine-based MBK Senior Living purchased Oakmont Gardens, a 163-unit independent living and assisted living community located in the northern San Francisco Bay Area city of Santa Rosa. The property is located at 301 White Oak...
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• Kraft Foods and Samsung Electronics Ink Leases at Bishop Ranch
9/25/12
Kraft Foods and Samsung Electronics are the latest companies to lease space at Bishop Ranch, the largest mixed-use business community in the East Bay. The two international firm inked deals for a combined 32k sf of space.
K...
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• Samsung Subsidiary Inks Build-to-Suit Deal in Mountain View
9/20/12
Samsung Information Systems America Inc (SISA) has signed a 15-year build-to-suit lease with a TMG Partners/Farallon Capital Management LLC venture for a new campus at Cypress Business Park in Mountain View. The development i...
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• Three Shorenstein Office Properties Awarded LEED Certification
9/18/12
Shorenstein Properties LLC recently received LEED certification at the Gold level for Existing Building Operations and Maintenance (EBOM) from the U.S. Green Building Council for three more of its nationwide portfolio of Clas...
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• Berkeley Apartment Property Trades for Almost $270k/Unit
9/17/12
Cambridge Apartments, a 43-unit apartment complex in Berkeley, traded hands in a transaction valued at $11.6 mil, or about $269.8k/unit. The property, which includes ground-floor retail space, is located at 2500 Durant Ave, o...
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• Asian Investor Acquires Crowne Plaza San Francisco International Airport
9/14/12
In a big Bay Area hotel buy, an unnamed Asian investor purchased the Crowne Plaza San Francisco International Airport. The asset is located at 1177 Airport Blvd, just off Broadway on the east side of the 101 Fwy. The price wa...
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• Resmark and Shea to Develop New 300-Unit Res Project in Milpitas
9/13/12
A joint venture between Resmark Apartment Living and Shea Properties is planning to develop a 200-unit apartment project on a three-acre site in Milpitas. The new development, slated to get underway in the fourth quarter of 2...
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• Investors Trade Four-Property Apt Portfolio in Redwood City
9/12/12
Interstate Equities closed on the acquisition of a four-property apartment portfolio in Redwood City for $12.36 mil. The properties are located at 180 Buckingham Ave, 152 Lincoln Ave, 755 Ninth Ave and 775 Ninth Ave.
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• Sares Regis Group Signs Build-to-Suit Deal for New 117k sf Richmond Facility
9/11/12
RENTV has learned that Sares Regis Group of Northern California (SRGNC) just signed a major national tenant to a 15-year lease for a new 117k sf build-to-suit industrial building in Richmond. The project is on a 10-acre site ...
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• Broll Capital Acquires 35-Unit Multifamily Asset in Santa Rosa
9/07/12
David Christensen, a Senior Vice President with the San Francisco office of Cassidy Turley’s Capital Markets mortgage brokerage, has assisted Broll Capital in securing financing for its acquisition of Cedarwood Apartments, a ...
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• Hines Global REIT Closes $180 Mil San Francisco Office Buy
9/06/12
Hines Global REIT has acquired 550 Terry Francois, a 282.8k sf office building in San Francisco’s Mission Bay district. The LEED® Gold-certified building was sold for $180 mil by a wholly owned subsidiary of GLL Real Estate P...
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• Highland Realty Capital Arranges Mystic-al Refi for Unique San Francisco Hotel Property
8/31/12
In a notable financing deal from San Francisco, Highland Realty Capital arranged a $9.4 mil non‐recourse loan on The Mystic Hotel By Charlie Palmer located in the city’s popular Union Square. The proceeds were used to t...
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