|
• NIO USA Leases 200k sf San Jose HQ Facility
1/14/22
Electric vehicle manufacturing company NIO USA Inc has agreed to a 10-year lease for a 201.5k sf office HQ facility in San Jose. The firm will utilize the property, located at 3151 Zanker Rd, as a Research and Innovation Cent...
|
• Retro Res Sale in Sacramento Fetches Modern Price of $235k/Unit
1/13/22
The Retro, a 204-unit multifamily community located at 2500 Fair Oaks Blvd in Sacramento’s Arden-Arcade submarket, sold in a $48 mil ($235.3k/unit) deal. Clear Capital purchased the asset from Ridge Capital Investors.
The Re...
|
• Longfellow Real Estate Partners Pays $36 Mil for Emeryville Flex/R&D Building
1/13/22
Longfellow Real Estate Partners closed on an off-market acquisition in the East Bay, paying $36 mil for a 62.9k sf ($572/sf), single-story flex/R&D building in Emeryville. The property, located on 2.27 acres at 6601 – 6603 Sh...
|
• Fairfield, CA Multifamily Trade Comes in Just Over $200k per Unit
1/10/22
Delta Court Apartments, a 177-unit residential property in Fairfield, CA, traded hands for $37.35 mil, or $210.5k/unit. Built in 1962, the property is located at 1350 Crowley Ln, east of I-80 roughly midway between San Franci...
|
• Meta Housing Breaks Ground on 142-Unit Affordable housing Project in Santa Clara
1/07/22
Meta Housing has begun work on Stony Oaks Apartments, a four-story, medium high-density community that will provide 142 units of affordable housing to the city of Santa Rosa. Located at 2542 Old Stony Point Rd, the apartment ...
|
• Lane Partners Buys Industrial Property in South San Francisco
1/07/22
In a quick Bay Area sales brief, Lane Partners purchased a 70k sf, multi-tenant industrial facility for $22 mil, or $314/sf. The property, located on 2.85 acres at 275 S. Maple St, was sold by a private investment group.
We’...
|
• PRP Collects $182 Mil from Sale of San Francisco Office Asset
1/06/22
PRP has sold 350 Rhode Island Street, a 127.1k sf office building in San Francisco, in two separate transactions totaling $182.5 mil. The property, leased to the City and County of San Francisco, was originally acquired for $...
|
• Berkeley Apartment Building from the 1960s Sells for $388k per Unit
1/03/22
A 23-unit multifamily property in Berkeley sold for $8.925 mil, or $388k per unit. This was the first time the property, located at 2627 Hillegass Ave, was on the market since its original construction back in the 1960s.
262...
|
• Oakmont Properties Pays $85.6 Mil for Newly Completed Sacramento Area Res Project
12/31/21
Oakmont Properties purchased Element 79, a 214-unit multifamily community in El Dorado Hills, CA, for $85.6 mil ($400k/unit). The property, located at 4373 Town Center Blvd, was just recently completed by AG Spanos, the selle...
|
• Woodstock Development Pays Over $1,700/sf for Silicon Valley Office Property
12/27/21
Woodstock Development paid $40.35 mil for Ladera Professional Center, a 23.4k sf ($1,724/sf) office property in Portola Valley, CA. Built in 1964, the property sits on 2.66 acres at 3200-3280 Alpine Rd, roughly 35 miles south...
|
• Brixton Capital to Redevelop 500k sf Sherwood Mall in Stockton
12/23/21
Brixton Capital will redevelop Sherwood Mall, a 511.2k sf shopping, dining and entertainment center in Stockton, CA, which originally opened in 1979. The redevelopment will be the future home of specialty grocer Sprouts Farme...
|
• CBRE Investment Management Fund Acquires Stake in Over 1 msf of San Francisco Life Science Properties
12/23/21
A fund sponsored by CBRE Investment Management – formerly known as CBRE Global Investors – acquired a majority stake in two life science portfolios in the Mission Bay knowledge cluster of San Francisco. The fund made the inve...
|
• New Santa Rosa 7-Eleven Trades for $8 Mil in record deal
12/21/21
A private investor based in El Dorado Hills has purchased a brand-new construction, single-tenant net-leased investment occupied by 7-Eleven with a gas station in Santa Rosa, in an $8 mil ($2,667/sf) pre-sale transaction. The...
|
• Single-Tenant Industrial Facility in Sacramento Fetches $179/sf
12/21/21
A 206k sf, single-tenant industrial warehouse in Sacramento’s Natomas submarket sold for $36.9 mil ($179/sf). The asset is located on over nine acres at 1701 National Dr, near the Sacramento region’s main traffic arteries, I-...
|
• Trion Properties Acquires 197-Unit Multifamily Property in the Sacramento Area
12/20/21
Trion Properties purchased ReNew Carmichael, a 197-unit apartment community located in the Sacramento-area city of Carmichael, for $46 mil in an off-market transaction. The property was sold by FPA Multifamily in a deal that ...
|
• Fremont Multifamily Community Sells for $112.5 Mil
12/17/21
The Rexford, a 203-unit, fully-renovated multifamily community in Fremont, was purchased for $112.5 mil ($554k/unit) by a publicly traded real estate investment trust in a deal we’re told ranks as as the largest single multif...
|
• Channel Properties Buys Newly Constructed Multifamily Property in Marin County
12/10/21
Napa-based Channel Properties purchased a newly constructed, 41-unit multifamily mixed-use development in downtown San Rafael, just north of San Francisco in affluent and severely supply-constrained Marin County. Completed in...
|
• City Center Realty Partners Buys R&D/Life Sciences Property in Berkeley
12/09/21
City Center Realty Partners has purchased Parker Innovation Hub, a three-building, 40.6k sf R&D and life sciences campus in Berkeley. The property was sold by Lift Partners in a $22 mil ($542/sf) transaction.
Parker Innovati...
|
• Four Corners Properties Closes $90 Mil Bay Area Office Purchase
12/08/21
Shoreway Innovation Center, a 150k sf, Class A office building in Belmont, traded hands for $90.25 mil ($602/sf). The four-story building, located at 1301 Shoreway Rd, was purchased by Four Corners Properties.
Shoreway Inno...
|
• Tishman Speyer Meta Tenant for Its Entire 719k sf Sunnyvale Campus
12/06/21
Meta, the online social media behemoth formerly known as Facebook, has inked a lease for a 719k sf Sunnyvale office campus. We’re told that the agreement represents the largest new private sector office lease executed anywher...
|
Return to the Northern California area
