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November 8, 2024
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NORTHERN CALIFORNIA NEWS
Archive
1  | 2  | 3  | 4  |  5  | 6  | 7  | 8  | 9  | 10  ...  222
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• New 222-Unit Res Development in Livermore Opens to the Public
11/14/23
Legacy at Livermore, a new 222-residence mixed-use community developed by Legacy Partners in the NoCal city of Livermore, has opened to the public. Designed by BDE Architects of San Francisco, the community is located at 57 S...
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• Petaluma Retail Center Lands $9.5 Mil Refi Loan
11/10/23
Plaza North Shopping Center, a 101k sf grocery-anchored retail center in Petaluma was refinanced with a new permanent loan for $9.5 mil. The property, located at 201-313 North McDowell Blvd, is occupied by grocer Lola’s Marke...
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• McCarthy Building Companies and Ellis Partners are Latest Firms to Sign at One Sansome Office Tower in San Francisco
11/10/23
In recent leasing activity at One Sansome, the soaring 42-story office tower in the heart of San Francisco’s Financial District, McCarthy Building Companies inked a lease for 15.1k sf of space on the building’s 19th floor. Mc...
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• Sacramento-Area Office Building Lands New Owner in $6.7 Mil Deal
11/07/23
Visions In Education paid $6.7 mil for a 63.4k sf, Class A office building in Gold River (Sacramento), CA for its new office headquarters. Visions In Education is an online high school and TK-8 home school provider. The two...
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• Bacchus Management Group to Open New Restaurant at 220 Park Project Nearing Completion in Downtown Burlingame
11/07/23
Bacchus Management Group has signed a lease to transform the restored 1940s-era Burlingame Post Office into an iconic restaurant space at the base of the six-story 220 Park development. The project, a development of Dostart D...
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• Freedom West Homes Corporation Secures $27 Mil in Funding Commitments for Housing for People of Color in San Francisco
11/06/23
Freedom West Homes Corporation, a nonprofit limited equity housing co-operative in the Fillmore District of San Francisco, has secured $27 mil in funding commitments to-date to catalyze its revitalization providing low-income...
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• Torani Inks Lease for New 202k sf Warehouse Development in San Leandro
11/03/23
Torani has signed a pre-lease agreement for a new 202k sf warehouse development in San Leandro. The company, a leader in the flavor industry since 1925, will relocate their warehouse and distribution operations from their cur...
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• Buchanan Street Partners Spends $20 Mil on NoCal Self-Storage Facility
10/30/23
Buchanan Street Partners LP has acquired a stabilized institutional quality self-storage facility in Auburn, CA for $20.75 mil in an off-market transaction. The 116.5k sf ($178/sf) facility, comprised of 825 self-storage unit...
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• Brixton Capital Purchases 143k sf Shopping Center in Stockton
10/19/23
Brixton Capital has acquired Pacific Town Center, a 143.2k sf shopping center in Stockton in an off-market transaction. The price was not disclosed. Pacific Town Center is located at 718-760 West Hammer Lane, at the southea...
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• Sacramento Multifamily Property Sells for $17.9 Mil
10/03/23
Rosemont Terrace, a 100-unit garden-style multifamily community in Sacramento, traded hands in a recent deal valued at $17.9 mil, or $179k/unit. Built in 1970, Rosemont Terrace is located at 3690 S Port Dr. The property fea...
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• Meta Housing Completes 142-Unit Affordable Res Community in Santa Rosa
9/29/23
Stony Oaks Apartments, a new affordable housing community in Santa Rosa, CA, has been completed. The 142-unit project is a development of Meta Housing was built by R.D. Olson Construction. It will serve low-income families or...
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• Connor Kidd Named CEO at The Swig Company
9/29/23
The Swig Company LLC has named Connor Kidd as Chief Executive Officer. He is also President of the company. Kidd succeeds Jim Carbone as CEO, who held the position since September 2018. An Oklahoma native, Kidd joined Swi...
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• NoCal Warehouse Building Lands $30 Mil Refi Loan
9/29/23
Nearon Enterprises has secured $30 mil in refinancing for the Dixon Commerce Center, a 447k sf warehouse building in Dixon, a NoCal city roughly 25 miles southwest of Sacramento. Located at 2299 Commerce Way, the building wa...
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• Archway Equities and Virtú Investments Wrap up $74 Mil Res Buy in San Jose
9/21/23
A joint venture of Archway Equities and Virtú Investments has acquired The James, a 190-unit, Class A Apartment Community in downtown San Jose, for $74.25 mil, or $391k/unit. The James represents Archway’s second significant...
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• MG Properties Pays $90 Mil for Bay Area Res Community
9/14/23
MG Properties acquired Artist Walk Apartments, a 185-unit res community in Fremont, for $89.75 mil. The development, constructed in 2017, includes 30k sf of ground-floor retail. Artist Walk Apartments is located at 3888 Arti...
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• East Bay Industrial Portfolio Under New Ownership after $103 Mil Trade
9/05/23
CIP Real Estate has acquired the Bayside Industrial Portfolio, a 14-building, 352.3k sf portfolio located in the East Bay city of Fremont, for $103.5 mil ($294/sf). The transaction was funded with $63 mil in acquisition finan...
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• NoCal Vineyard Acquired by FarmTogether in a $3.2 Mil Deal
9/05/23
Hidden Oaks Vineyard in Clements, CA was recently purchased for $3.2 mil by FarmTogether Inc, a crowdfunding investment platform. Clements is situated about 45 miles southeast of Sacramento. The 102-acre organic cabernet sau...
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• The Swig Company and SKS Partners Acquire San Francisco Office Tower
9/01/23
The Swig Company and SKS Partners have completed the purchase of 350 California, a headquarters-quality, Class A office tower in the heart of San Francisco’s financial district. The seller was Mitsubishi UFJ Financial Group (...
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• Sunnyvale R&D Facility Purchased by BGO in $41 Mil Trade
8/31/23
BGO acquired a mission-critical, R&D facility totalling 75.4k sf in Sunnyvale that is fully leased by Apple. The property, located at 825 Stewart Dr, was sold by GI Partners. The trade was valued at about $41 mil, according...
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• New Single-Tenant Starbucks Property in Fresno Sells for $1,382/sf
8/30/23
A new construction, 2.3k sf single-tenant Starbucks Drive-Thru in Fresno sold for $3.18 mil ($1,382/sf). The property is located less than five minutes from California State University, Fresno (25,000+ students). The freest...
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