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Hanover Finds a Fairway to Invest in San Jose 9/25/07 A joint venture between Hanover Financial Company and Redhill Realty Investors purchased Fairway Glen Apartments, a 144-unit, Class B apartment complex located at 448 Toyon Ave in San Jose. The two-story, garden-style asset, ...
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NoCal Activity Review 9/24/07 SAN FRANCISCO (San Francisco County) – Trophy Properties LLC purchased four apartment properties with a combined 42 units. They are: 22 units at 230 Oak St for $4.7 mil ($214k/unit); eight units at 427 34th Ave for $2.5 mil (...
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Hines $350 Mil Transbay Offer Towers Above the Competition 9/21/07 By Allen Wolfsheimer
Hines has offered a staggering $350 mil for the land above the Transbay Terminal site in San Francisco, at 350 Bush St, on which the Texas-based developer intends to construct an 80-story office tower. T...
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Wrightwood Provides $36 Mil for Sunnyvale Dev 9/20/07 Wrightwood Capital provided $36.36 mil to finance the construction of Bordeaux Centre, a two-building, 124k sf office development in Sunnyvale. The borrower is CBC Properties LLC, a full service real estate investment and man...
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Johnson Cap Arranges $65 Mil in Dublin 9/18/07 Johnson Capital arranged $65.5 mil in construction financing on behalf of Charter Properties for the development of Grafton Station, a 178.6k sf neighborhood shopping center in Dublin. Grafton Station is part of Dublin Ranch,...
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Encinal Industries Involved in $71 Mil of East Bay Deals 9/17/07 Encinal Industries has sold a three-property portfolio while also acquiring another property for a future planned development in the East Bay. The transactions have a combined value of $71 mil.
Michael Speers and David Klei...
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Financing Notes 9/12/07 Wrightwood Capital has provided $12.8 mil in financing for the acquisition of 10 United Nations Plaza, a 72k sf office building on Market St in San Francisco's Civic Center area downtown. Built in 1982, the six-story “L” shap...
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NoCal Deals 9/11/07 SAN FRANCISCO (San Francisco County) – Moderati has agreed to an 84-month, $2.57 mil lease for 10.8k sf ($2.83/sf/mo) of office space at 795 Folsom St. Moderati was acquired in February of this year by Bellrock Media, a mobil...
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Wine Companies Tipsy over Fairfield Opportunities 9/05/07 Fairfield, a NoCal city located roughly midway between San Francisco and Sacramento, has become a popular destination for many companies in the wine industry sector. Incorporated in 1903, the city covers an area of roughly 37...
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