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Fremont Industrial Facility Trades for $372/sf 6/18/25 Hines paid $27.1 mil for 401 Whitney Place, a 72.8k sf, ($372/sf) high-powered industrial building located at 401 Whitney Place in the Bay Area city of Fremont. The property is 100% leased to Bloom Energy, a leading AI data c...
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BKM Capital Partners Spends $43 Mil on Bay Area Industrial Asset 6/18/25 BKM Capital Partners (BKM) has purchased Hannover Industrial Park, a 165.2k sf industrial park in Fremont, for $43 mil ($260/sf) in an off-market transaction. The property, located in Silicon Valley’s high-demand I-880 Corri...
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New Sacramento Area Nursing Facility Trades Hands in $28 Mil Deal 6/16/25 Shadowbrook Gardens, a recently constructed 80-bed nursing facility in the Sacramento area city of Citrus Heights, was acquired by International Equity Partners in a $28.3 mil transaction. The property, located at 5915 Dewey ...
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Napa Valley Industrial Facility Trades in $18 Mil Owner/User Buy 6/10/25 In a recent NoCal owner/user industrial buy, Mezzetta Foods purchased a 116k sf, Class A facility in American Canyon for $18 mil ($155/sf). The freestanding property is located at 205 Jim Oswald Way, west of Hwy 29 in Napa Va...
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Walmart Inc Leases 338k sf of Space in Silicon Valley 6/09/25 Walmart Inc, the e-commerce division of Walmart, inked a lease for 338.3k sf of space at Tech Corners, located at 803-815 11th Ave, just north of the confluence of the 101 and 237 freeways in Sunnyvale. We’re told that this i...
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Apartment Building in San Francisco’s Pacific Heights Neighborhood Sells for $419k/Unit 6/06/25 An 18-unit, trophy multifamily asset in San Francisco’s prestigious Pacific Heights neighborhood sold for $7.535 mil. The deal for the fully leased property works out to approximately $418.5k/unit and $410/sf, roughly 30% bel...
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Bay Area Industrial/Flex Campus Fetches $23.5 Mil 6/06/25 Pine Creek Business Park, a 152.9k sf, industrial/flex business park in the north Bay Area city of Santa Rosa, was acquired for $23.5 mil ($154/sf) by MKD Investments L.P., a family limited partnership. The property is locate...
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Downtown Sacramento Medical Office Property Lands $34 Mil Loan 6/05/25 SixSixty, a 124k sf, four-story Class A medical building in downtown Sacramento, has been financed with a new construction-to-perm loan for $34.1 mil. The borrower is a joint venture of Revitate’s opportunity zone platform, R...
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Brian Lagomarsino and Chad Arnold Join Cushman & Wakefield 6/03/25 Brian Lagomarsino and Chad Arnold have joined Cushman & Wakefield’s East Bay-Walnut Creek office in Northern California. The duo brings nearly 50 years of combined experience in Office Sales, Agency Leasing and Tenant Represe...
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Manova Partners Buys San Mateo Mixed-Use Property 6/02/25 Manova Partners has acquired Parallel on Fourth, a fully-leased, mixed-use property in downtown San Mateo. The property, located at 405 East 4th Ave, consists of 15 residential units above 62.3k sf of Class A office space and...
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Multifamily Community in San Jose Trades for $19 Mil 5/28/25 Lakewood Court Apartments, a 48-unit multifamily community in San Jose, traded hands in an $18.9 mil ($394k/unit) transaction. The asset was sold by a private investor in an all-cash deal as part of a 1031 exchange transactio...
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BH Properties Picks Up San Jose Office Building for $136/sf 5/26/25 BH Properties acquired a 110.7k sf, Class A office/R&D building in North San Jose. The recently renovated, two-story building, located at 2125 O’Nel Dr, was sold by Embarcadero Capital Partners in a $15 mil ($136/sf) deal, we...
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Court-Appointed Receiver Douglas Wilson Companies to Implement $70 Mil Improvement Plan at Park Merced Res Community in San Francisco 5/21/25 Douglas Wilson Companies (DWC), the court-appointed receiver of Parkmerced, the 3,221-unit community located in the southwest corner of San Francisco, has taken control of the property from the owner who defaulted on its $1.8...
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Newly Built Childcare Facility in the Sacramento Area Sells for Over $600/sf 5/20/25 A local private investor paid $6.1 mil for a newly constructed, 10k sf ($610/sf) single-tenant childcare facility occupied by The Learning Experience in Elk Grove, a suburb of Sacramento. The property was sold by Armstrong De...
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Hines Pays $684k/Unit for Silicon Valley Multifamily Asset 5/15/25 In a Silicon Valley multifamily trade, Hines has acquired Levare, a 108-unit residential property in San Jose’s Santana Row area, for $73.9 mil ($684k/unit). The property, located at 3003 Olin Rd, south of Stevens Creek Blvd ...
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Bridges Capital Buys 84k sf Office Building in San Francisco 5/15/25 Bridges Capital has purchased 1045 Sansome, an 83.9k sf office building in San Francisco’s Jackson Square neighborhood. The price was not given out.
Built in 1926, 1045 Sansome is a four-story, creative office building that ...
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Retail Financing Briefs 5/14/25 JLL CAPITAL MARKETS -- Greg Brown, John Marshall, Spencer Seibring and Allie Black with JLL Capital Markets arranged a $27.55 mil loan for Torrey Hills Center, an 86.5k sf, grocery-anchored neighborhood retail center in San D...
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PCCP Closes 1,770-Unit Bay Area Multifamily Buy 5/13/25 In a large Bay Area multifamily trade, PCCP has acquired a 23-property portfolio for $540.5 mil. The portfolio, which consists of 1,770 units ($305k/unit) in 76 buildings, was sold by Veritas and Ivanhoé Cambridge.
The prope...
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Harvest Properties and New York Life Real Estate Investors Spend $44 Mil on Two NoCal Self-Storage Properties 5/09/25 Harvest Properties, in a joint venture with New York Life Real Estate Investors, has acquired self-storage facilities in Vallejo and Sonoma in two separate transactions totaling at $44.2 mil. With these deals, Harvest’s self-...
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Plumas Bank-Occupied Building in Susanville, CA Sells for $870/sf 5/05/25 A San Diego-based private investor purchase 5.4k sf property occupied by Plumas Bank in Susanville, CA for $4.7 mil ($870/sf). Plumas recently signed a new 15-year, absolute, corporate-guaranteed triple net lease.
The buildi...
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