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October 3, 2023
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NORTHERN CALIFORNIA HEADLINES

 News

 Etc. Etc...
Sacramento Multifamily Property Sells for $17.9 Mil
10/03/23
100-unit asset was built in 1970

Meta Housing Completes 142-Unit Affordable Res Community in Santa Rosa
9/29/23
Stony Oaks Apartments was built by R.D. Olson Construction



Connor Kidd Named CEO at The Swig Company
9/29/23
He takes over from Jim Carbone

NoCal Warehouse Building Lands $30 Mil Refi Loan
9/29/23
CBRE Capital markets arranges new financing on 447k sf Dixon property

Archway Equities and Virtú Investments Wrap up $74 Mil Res Buy in San Jose
9/21/23
Venture pays $391k/unit for The James

MG Properties Pays $90 Mil for Bay Area Res Community
9/14/23
Acquisition is of 185-unit Artist Walk Apartments in Fremont

East Bay Industrial Portfolio Under New Ownership after $103 Mil Trade
9/05/23
CIP Real Estate buys 352k sf of industrial properties in Fremont

NoCal Vineyard Acquired by FarmTogether in a $3.2 Mil Deal
9/05/23
102-acre property is in Clements

The Swig Company and SKS Partners Acquire San Francisco Office Tower
9/01/23
Venture buys 298k sf 350 California building in the city’s Financial District

Sunnyvale R&D Facility Purchased by BGO in $41 Mil Trade
8/31/23
75k sf building is fully leased to Apple

New Single-Tenant Starbucks Property in Fresno Sells for $1,382/sf
8/30/23
2.3k sf property is five minutes from California State University, Fresno

Westcore Acquires 3.5 msf California Industrial Portfolio
8/29/23
Purchase includes 16 buildings in Chino, Valencia and Livermore

Oakland Apartment Trade Works Out to $242k/Unit
8/28/23
Deal is for two adjacent buildings totaling 48 units

JRK Property Holdings Pays $93 Mil for 300-Unit Multifamily Community in San Jose
8/28/23
Firm pays $310k/unit for Duo Apartments

North Palisade Partners Pays Nearly $20 Mil for Eight-Acre Site in Hayward
8/24/23
Fully leased property is currently occupied by five tenants

Walnut Creek Retail Center Gets New Owner
8/22/23
25k sf Midtown Plaza purchased by L&B Realty Advisors’ client

San Jose Medical Office Building Purchased by Medical Organization
8/18/23
17k sf facility fetches over $500/sf

Oakland Office High-Rise Lands $172 Mil in C-Pace Financing
8/17/23
Loan is for TMG’s 910k sf HQ building for PG&E

Newly Constructed Chipotle Mexican Grill in Sacramento Sells for $2,152/sf
8/16/23
2.3k sf store features chain’s Chipotlane for digital orders

Bay Area Office Building Gets New Owner in $15 Mil Deal
8/15/23
Burlingame property fetches $438/sf

HYC Leases Final Building at Bay Area Spec Industrial Park
8/09/23
Firm takes 35k sf facility at Pacific Commons South in Fremont

Silicon Office Vacancy Rate Hits 21% in 3rd Quarter 2023
10/03/23
Kidder Mathews provides update on the market

High Barriers to Homeownership is Boosting Demand for High-End Apartments
8/21/23
Report offers highlights from Institutional Property Advisors' Midyear 2023 Class A Multifamily Outlook 

BKM Capital Partners and StepStone Real Estate Form Venture to Invest in Light-Industrial and Logistics Properties
8/04/23
Partnership launches with ownership interests in Henderson, NV and Burbank, CA assets

San Francisco Office Vacancies Continue to Reach New Heights
7/05/23
Kidder Mathews provides mid-year update on the market

Prologis to Acquire 14 msf of Industrial Properties from Blackstone Entity
6/27/23
Transaction is worth $3.1 bil

Bay Area Life Science Development Pipeline Normalizes
5/19/23
JLL research suggests new development in the sector to slow after a 77% jump in 2022

Mark IV Capital Looking to Grow Its Industrial Presence in Five States
5/08/23
Justin Basie named President of Real Estate to oversee this initiative

Office Users Continue to Struggle with Higher Costs, Tight Labor and Supply Chains when Fitting Out Space
5/04/23
Cushman & Wakefield study shows average fit out costs in the Americas up 11% over previous year

Sacramento Industrial Market Showing Signs of Slowing
4/17/23
Kidder Mathews provides 1st Quarter 2023 update on the market

 


 


 


 
 


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