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Metropolis Investment Holdings Pays Off $150 Mil Loan for 600k sf San Francisco Office Tower 1/24/25 345 California Center, an iconic Class A office tower totaling 600k sf over 35 floors in the heart of downtown San Francisco, is now owned debt free by its long-time owner 345 California LP, an affiliate of Metropolis Investm...
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Three California Dutch Bros Coffee Locations Trade in Over $8 Mil of Deals 1/23/25 Three brand-new construction, single-tenant properties in California, each occupied by a 950 sf Dutch Bros Coffee drive-thru format, were purchased by three different private buyers in deals totaling $8.08 mil. The properties...
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NoCal Grocery Store Property Sells for $7.2 Mil 1/20/25 A 32k sf NoCal retail property occupied by Sav-Mor Foods traded for $7.2 mil, or $225/sf.
The property sits on 2.59 acres at 570 Solano St in Corning, roughly 115 miles north of Sacramento. Sav-Mor is near other national re...
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Jackson Square Properties Buys Sacramento Res Community in $52.5 Mil Transaction 1/17/25 Jackson Square Properties has acquired The Lofts, a 188-unit suburban Class A multifamily community in Sacramento’s Natomas submarket, in a $52.5 mil ($279k/unit) deal. The property was sold by Reliant Group.
The Lofts, loca...
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Barker Pacific Group Founder and CEO Michael Barker Passes Away 1/10/25 Michael Barker, Founder and CEO of Northern California-based Barker Pacific Group, has passed away at 80 years old. Barker, who founded the company in 1983, died suddenly on Saturday, December 7, 2024, after falling while vis...
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San Mateo Retail Center Trades in $127 Mil Transaction 1/10/25 Bridgepointe Shopping Center, a 231.7k sf community retail center in San Mateo, was acquired by a joint venture between Sterling Organization and Cohen & Steers in a $127 mil ($548/sf) transaction. The asset was sold by Nuvee...
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Terry Bell and Joe Elliott Join CBRE 1/09/25 Terry Bell and Joe Elliott have joined CBRE, out of the firm’s Silicon Valley office. The duo specializes in leasing office, R&D, and industrial properties globally.
Bell and Elliott join from Colliers. Notable clients incl...
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Bay Area Industrial Outdoor Storage Portfolio Acquired by Realterm in a $25 Mil Transaction 1/08/25 Realterm has purchased the Fremont Industrial Outdoor Storage (IOS) Portfolio, comprising two fully leased properties totaling 267.2k sf in the prime Fremont submarket of Silicon Valley, in a $25.875 mil deal. The portfolio c...
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Blox Ventures Buys Loan Against Emeryville Office Building 1/06/25 San Francisco-based Blox Ventures has acquired the loan secured by the office building at 6001 Shellmound St in the Emeryville Public Market from PNC Bank, positioning the company to become the property’s new owner. The loan ...
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Tyler Epting and Kris Hagar Join Cushman & Wakefield 1/03/25 Tyler Epting and Kris Hagar have joined Cushman & Wakefield in the firm’s Walnut Creek office, as Managing Director and Senior Director, respectively. Focused primarily on the San Francisco East Bay market, including Contra C...
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Trojan Storage Secures $70 Mil in Financing on Four California Self-Storage Assets 1/03/25 Trojan Storage has obtained a $70 mil, structured permanent loan to retire existing construction/bridge debt and re-capitalize four recently completed/value-add self-storage facilities. The four properties are currently under...
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San Francisco Office Tower Closes Four Lease Signings 1/02/25 There have been four new leases to report at 221 Main Street, a Class A office tower in the heart of San Francisco’s South Financial District owned by Columbia Property Trust, Inc. The largest of the deals was with Proof Scho...
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Realterm Picks Up Two Industrial Outdoor Storage Assets in Silicon Valley 12/26/24 Realterm acquired two industrial outdoor storage (IOS) maintenance facilities in Fremont. The properties are located at 5120-5170 Brandin Ct and 44533 South Grimmer Blvd.
The properties are located in the heart of Silicon Va...
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Bay Area Res Community Trades in $200 Mil Transaction 12/26/24 In an institutional-level, end-of-year NoCal multifamily trade, Interstate Equities Corporation acquired Summerwood Apartments, a 468-unit multifamily property in Santa Clara, in a transaction valued at $203.15 mil, or $434k/...
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Two Alameda County Multifamily Trades Total $34 Mil 12/23/24 We’ve got news of two multifamily community sales in NoCal’s Alameda County for a combined price tag of $34 mil. The properties that traded are Vista Del Sol in Pleasanton and Islander Apartments in Alameda.
In the larger d...
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Center for Elders’ Independence Leases 23k sf at Recently Converted Oakland Medical Office Building 12/19/24 Center for Elders’ Independence (CEI) has signed a lease for 23k sf of space at Broadway Medical Plaza, a 60k sf newly repurposed medical office building is located in the Pill Hill area of Oakland. CEI is a “PACE” provider s...
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Office Building in San Francisco’s Jackson Square Trades 12/18/24 Brick & Timber Collective has purchased a 110k sf, Class A office building in San Francisco. The property, located at 500 Washington, is in the heart of Jackson Square, the tightest submarket in downtown San Francisco.
Buil...
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Crow Holdings Capital Spends Over $7 Mil on NoCal Shopping Center 12/16/24 In a recent NoCal retail buy, Crow Holdings Capital paid $7.3 mil for Petaluma Town Plaza, a 26.7k sf ($273/sf) strip center in Petaluma. The asset was sold by a private investor.
Petaluma Town Plaza, situated at 901 and 90...
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BKM Capital Partners Executes $550 Mil Recapitalization with Kayne Anderson Real Estate for Multi-State Light Industrial Portfolio 12/16/24 BKM Capital Partners completed a $550 mil recapitalization of a nine-property light industrial portfolio with Kayne Anderson Real Estate. This transaction marks the first entry into the light industrial sector for Kayne Ander...
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Ferguson Pape Baldwin Architects Acquires CAS Architects 12/05/24 In a merger of architectural/design firms, Ferguson Pape Baldwin Architects (FPBA), a leader in life science design, has acquired CAS Architects, a Bay Area firm known for its expertise in advanced technology and life science...
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