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• MG Properties Completes Two Multifamily Buys Worth $58 Mil
7/11/12
San Diego-based MG Properties Group (MGPG) recently closed on the acquisitions of two CA multifamily properties, one in Temecula and the other in Daly City. The assets contain a total of 416 units and sold for a combined pri...
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• Santa Rosa Multifamily Asset Sells for $15 Mil
7/10/12
Oak Creek Apartments, a 100-unit apartment complex in Santa Rosa, recently sold for $15 mil ($150k/unit). Built in 1988, the 79.3k sf complex is located at 174 South Boas Dr in Santa Rosa’s Rincon Valley neighborhood.
...
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• LiveOps to Take Place in 42k sf of Redwood Shores Office Space
7/09/12
LiveOps, Inc has agreed to a new lease for 42k sf of space in Redwood Shores for the firm’s global corporate headquarters. LiveOps, a leader in cloud contact center and customer service solutions, will relocate all of its cur...
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• East Bay Ind Facility Fetches $83/sf
7/05/12
Coastal Tropical purchased a 60k sf warehouse facility in Union City from Golden Apple for $5 mil ($83/sf). The property is located at 2975 Volpey Way, north of Whipple Rd and west of I-880.
The concrete tilt-up b...
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• Ridge Capital Picks Up 290 Acres in West Sacramento
6/26/12
Ridge Capital Inc purchased +290 developable acres in Southport Business Park in West Sacramento for the future sales of entitled development sites and build-to-suit projects. Terms of the deal were not disclosed.
Southport ...
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• CBRE Group Arranges Financing on Kentfield, CA Memory Care Facility
6/26/12
CBRE Group, through its direct HUD FHA lender, CBRE HMF Inc, has arranged the refinancing of WindChime of Marin, a private pay memory care facility located in Kentfield, CA. The loan was funded through HUD’s Section 232/223(...
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• Silicon Valley Lease is an Ex’pression of Confidence in the Market
6/25/12
Ex’pression College for Digital Arts leased an entire 64.9k sf R&D/office building at the Ridder Park Technology Center in North San Jose. Ex’pression is a private for-profit college which offers bachelor degree programs for ...
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• Oakland Mixed-Use Building Trades in $7.5 Mil Deal
6/21/12
A 92k sf mixed-use (office over retail) building in downtown Oakland sold for $7.5 mil ($81.50/sf). The building, located at 1500 Broadway, was purchased by Hamilton Zanze & Co roughly six months after title had been taken ba...
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• Jordan Moss Joins CBRE’s Multi-Housing Group
6/21/12
Jordan Moss has joined the CBRE Multi-Housing Group as a First Vice President, partnering with Senior Vice President William Huberty. Moss comes over from Jones Lang LaSalle (JLL), where he directed the firm’s Northern Califo...
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• Santa Clara Multifamily Community Receives $74 Mil in Supplemental Financing
6/21/12
Interland Corporation obtained $74.4 mil in supplemental financing for Bella Vista Apartments, a 634-unit, Class A residential apartment community located in Santa Clara. Walker & Dunlop LLC provided the financing, which was ...
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• Nestle, KB Homes and Tiburon Inc the Newest Additions at Bishop Ranch
6/20/12
Nestle´, KB Homes and Tiburon Inc are the latest companies to sign leases at Bishop Ranch, the 585-acre mixed-use, business community in San Ramon. Other recent activity at Bishop Ranch has included the signing of ten new sma...
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• Essex Property Trust to Develop 463-Unit Res Project in San Francisco’s SOMA District
6/19/12
Essex Property Trust purchased a San Francisco residential development opportunity to build 463 apartments on two parcels at Folsom and 5th Streets in the city’s SOMA Distict. The seller was Avant Housing LLC, a real estate d...
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• Owner/User Pays $7 Mil for East Bay Warehouse Property
6/18/12
A 108k sf warehouse property in Hayward recently traded hands at a price said to be more than $7 mil ($65/sf). The property, located at 31056 Genstar Rd, north of Whipple Rd and east of I-880, was purchased by Win Woo Trading...
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• ULTA Beauty and Total Woman Gym & Day Spa the Latest Signings at Alameda South Shore Center
6/18/12
Two new tenants have inked long-term leases at Alameda South Shore Center, a 594k sf, open-air shopping center in the East Bay city of Alameda. With these latest signings, with ULTA Beauty and Total Woman Gym & Day Spa, Alame...
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• Meacham/Oppenheimer Inc Joins CORFAC International as Silicon Valley Affiliate
6/15/12
Meacham/Oppenheimer Inc has joined CORFAC International (Corporate Facility Advisors) as the new affiliate in Silicon Valley. The firm is being rebranded as Meacham/Oppenheimer CORFAC International.
2012 CORFAC President Dou...
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• Affiliate of Crescent Heights Group Acquires San Francisco High-Rise Dev Site
6/14/12
Howard/First Property LLC, an affiliate of Miami-based Crescent Heights Group of Properties, acquired the high-rise residential development site at 524 Howard St. Located directly adjacent to the future Transbay Transit Cent...
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• Tourism and Tech Jobs Drive Retail Sales in San Francisco
6/14/12
A booming tech industry and the return of tourists is expected to strengthen the San Francisco retail sector this year, according to the latest research from national real estate services firm Marcus & Millichap. The metros’ ...
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• Kennedy Wilson Spends $86 Mil on NoCal Apartment Community
6/11/12
Kennedy Wilson and its investment partners closed on the $86.5 mil acquisition of Waterford, a 544-unit multifamily community in the East Bay city of Hayward. The property was purchased with $68.1 mil in financing from Freddi...
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• Premier Business Centers to Open New Location in San Francisco’s Financial District
6/08/12
National executive suites operator Premier Business Centers has inked a lease for a new executive office suite location in the heart of San Francisco’s Financial District. The new center, set to open in July of 2012, is compr...
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• $25 Mil Silicon Valley Lease Part of Infoblox’ Building Blocks for the Future
6/07/12
“We set out nine months ago to redesign the project for a user such as Infoblox that required a collaborative, highly efficient, highly amenitized work environment,” said Bill Halford, president and CEO of Bixby Land Company....
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