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• Cityview Buys 130-Unit Bay Area Res Community
6/19/24
Cityview has acquired Tralee Village Apartments, a 130-unit multifamily project in the Bay Area city of Dublin. The three-story project is spread across two buildings and sits above more than 30k sf of curated ground-floor re...
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• San Jose R&D Facility Lands New Owner
6/14/24
A Blue Owl Capital-managed fund acquired 1010 Rincon Circle, a 90.9k sf, state-of-the-art R&D facility in San Jose. The price was not disclosed.
The property is 100% leased to Quanta Cloud Technology (QCT), a publicly traded...
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• Berkeley Property Purchased for Student Housing Development
6/11/24
A development site of just under a half-acre in Berkeley, less than five blocks from the University of California, Berkeley, was acquired for development of a 52-unit, 232-bedroom student housing project. The 0.43-acre proper...
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• San Francisco Office Tower Sees 56k sf in Recent Lease Signings
6/04/24
There has been 55.9k sf of new leases signed at 140 New Montgomery Street, a 26-story, 298.5k sf office tower in downtown San Francisco. The latest new tenants at the building are super{set}, Calendly and Heidrick & Struggles...
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• Commercial Real Estate Financing Briefs
5/28/24
CBRE CAPITAL MARKETS - Mark McGovern, Brian Cruz, Morgon Fraser and Colby Matzke with CBRE Capital Markets' Debt and Structured Finance team secured a $22.65 mil refi loan on Fiesta Plaza, a 187.3k sf, grocery-anchored retail...
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• First Link Apartments℠ in CA Has Started Leasing in Oakland
5/27/24
Link Apartments℠ Four12, a 157-unit res development in Oakland’s Jack London Square, has been completed and is now available for leasing. Located at 412 Madison St, the project is a development of Swenson, in partnershi...
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• Hines Interests LP and Oaktree Capital Management Break Ground on East Bay Industrial Project
5/22/24
Work has started on Milmont Industrial, a new 267k sf Class A advanced manufacturing and distribution facility in Fremont, CA. The project is being developed by a venture of Hines Interests LP and Oaktree Capital Management, ...
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• Community Preservation Partners Acquires 102-unit San Jose Senior Housing Project
5/22/24
CPP (Community Preservation Partners) has acquired Corinthian House, a 102-unit senior housing project in southwest San Jose, with plans to renovate the property. This is the fourth community in the Bay Area for CPP, jo...
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• Flexible Gilroy Building Sells for $13.8 Mil
5/17/24
A 125.6k sf commercial building on 13.7 acres in the Silicon Valley city of Gilroy traded hands in a $13.8 mil ($110/sf) transaction.
Located at 7900 Arroyo Circle, with extensive freeway frontage along Hwy 101, the propert...
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• Just Completed Res Development Brings 195 Units to South San Francisco
5/17/24
Sares Regis Group of Northern California (SRGNC) has completed construction on Celeste, a 195-unit residential development in downtown South San Francisco, adjacent to the city’s Caltrain station. The project was designed by ...
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• Retail Property in San Francisco Trades in $9.3 Mil Deal
5/06/24
Pacific Capital paid $9.35 mil for 2145 Market St, a 29.8k sf ($314/sf), trophy retail asset in San Francisco. The property was sold by a private family trust.
2145 Market is 100% leased to investment-grade tenant Walgreens...
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• Trammell Crow Company and CBRE Investment Management Finish Work on 500k sf Bay Area Biz Park
5/03/24
Trammell Crow Company and CBRE Investment Management have completed construction on Cochrane Technology Center (CTC), a 500k sf, Class A business park in the Bay Area city of Morgan Hill. The development is currently the larg...
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• Mission Rock Partners Development Team Completes Five-Acre Park in San Francisco’s China Basin Neighborhood
4/29/24
China Basin Park, a new central gathering place and regional destination in San Francisco’s Mission Rock neighborhood, has been completed and is now open to the public. The Mission Rock Partners development team is a collabor...
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• Figma Renews Lease for 98k sf of Office Space in San Francisco
4/29/24
Figma, a product design and development platform, has signed a 97.6k sf lease renewal at 760 Market Street in San Francisco. The building is owned by Phelan Building LLC.
760 Market offers high-end installations, natural lig...
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• Bay Area Res Community Gets Recapitalized in Deal that Values the Asset at $45 Mil
4/25/24
Interstate Equities Corporation (IEC) has recapitalized The Gates at Marina, a 136-unit multifamily garden-style community in Marina, CA. The deal gives a co-mingled fund advised by New York-based Clarion Partners a majority ...
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• Work Wrapping Up on New 254-Unit Res Tower in San Francisco’s Mission Rock Neighborhood
4/25/24
Verde, a new 254-unit multifamily development in San Francisco’s Mission Rock neighborhood, has been completed and has now begun leasing. Located at 1070 Bridgeview Way, south of Oracle Park and just steps away from China Bas...
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• MBK Rental Living Wraps Up Work on New 389-Unit Res Community in Silicon Valley
4/24/24
Vida at Morgan Hill, a new, Class A, 389-unit, three-story residential community in the Silicon Valley city of Morgan Hill, has been completed and is now leasing. The project, a development of MBK Rental Living, consists of o...
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• New York Life Real Estate Investors and Bridgeton Pay $282/sf for San Francisco Office Asset
4/18/24
A venture between New York Life Real Estate Investors (“NYLREI”) and Bridgeton has acquired 410 Townsend Street, a four-story, 78k sf office building in San Francisco’s south of market (SOMA) submarket, in a transaction price...
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• Multifamily Community in the East Bay Area Traded Between Private Investors in $9 Mil Deal
4/15/24
California Villas, a 35-unit multifamily community in the East Bay Area city of Concord, traded hands for $9.15 mil ($261.4k/unit). A private buyer purchased the asset from a local private investor.
Located at 1621 Detroit A...
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• Commercial Real Estate Financing Briefs
4/09/24
GANTRY - Tony Kaufmann and Joe Foley with Gantry have arranged non-cross collateralized permanent loans totaling $30 mil for one sponsor to refinance two adjacent, Tempe, AZ industrial properties encompassing 298.3k sf of spa...
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