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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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• TMG Sells More Properties in San Francisco’s SOMA District
8/30/12
TMG Partners and its venture partners continue to sell properties in San Francisco’s SOMA District. In the latest deal TMG and partner Rockwood Capital sold two office buildings located at 680 Folsom Street and 50 Hawthorne S...
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• Investor Picks Up UPS Facility in San Leandro
8/29/12
An 11.65-acre industrial property fully leased on a long-term basis as a UPS Ground Freight facility in San Leandro was acquired by a private institutional investor. Located at 3050 Teagarden St, the property is situated jus...
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• TMG Partners/Farallon Capital Management Sell SOMA Office Building
8/28/12
A 76.5k sf office building in San Francisco’s South of Market (SOMA) District was acquired by a private investor. The building is located at 208 Utah St, a block off the 101 Fwy and just a few blocks west of Mission Bay.
Th...
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• NoCal Retail Briefs
8/24/12
COLMA (San Mateo County) -- Office Depot leased 14.4k sf of end cap space in the former Magnolia Hi-Fi space at the 280 Metro Center. 280 Metro is located at Colma Blvd and Junipero Serra Blvd and is owned by Kimco Realty Cor...
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• Cassidy Turley Investment Trio Lands 666k sf of Bay Area Listings
8/23/12
Robert Gilley, Steve Hermann and Eric Fox of Cassidy Turley’s San Francisco and San Jose offices have landed three major Bay Area investment offerings totaling 665.9k sf in seven existing buildings (plus additional entitlemen...
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• Westcore Properties Closes $46 Mil Bay Area Ind Buy
8/21/12
In its second major acquisition in less than a month, San Diego-based Westcore Properties has purchased Kato Industrial Park, a 673.2k sf property in Fremont, for $45.6 mil ($68/sf). The purchase follows Westcore’s $9.5 mil a...
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• 69k sf San Francisco Office Building Becomes a Downtown Property
8/17/12
Downtown Properties Holdings recently closed on the acquisition of a 68.7k sf office building located at 1161 Mission St, in the heart of San Francisco’s Midmarket (Midma) area. The five-story property is two blocks from Twi...
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