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Meridian Sells Alameda County Office Assets for $15.5MM

PLEASANTON, Calif., Sept. 27, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of The Atrium, a 74,241-square-foot office building in Pleasanton, California.

Menlo Park’s Planning Commission Approves Facebook’s 58-Acre Redevelopment Proposal

Menlo Park Planning Commission has now given Facebook its final approval to proceed with the redevelopment of a 58-acre site previously occupied by TE Connectivity. Since the acquisition of the site in September 2014, the social media juggernaut has meticulously

Tiffany Building in San Francisco’s Union Square Sells for $145MM to Spanish Investor

(EDITOR’S NOTE: According to sources familiar with the details of the deal, the transaction closed for $145 million, which comes to $1,496 per square foot. The buyer was a Spanish investment company Ponte Gadea SL, which was founded by Amancio

Opinion: San Francisco Real Estate Market Finally Plateaued

Flat prices and stale inventory brought the fog to the city by the bay By Jeffery Marino San Francisco home sales declined for the eighth-consecutive month, falling 0.4 percent in August from a year earlier. Prices were flat, showing zero growth compared

Grosvenor Americas Acquires 240 Stockton in San Francisco for $80MM

(EDITOR’S NOTE: The sales price on the transaction was $80 million, or roughly $1,978 per square foot, according to sources familiar with the transaction. The Newmark Cornish & Carey Capital Markets team in San Francisco had represented the buyer in

Angelo, Gordon and City Center Realty Acquire 220 Post in San Francisco for $73MM

(EDITOR’S NOTE: According to public documents, the sale closed for $73 million, or approximately $1,900 per square foot. The sellers were Chin-I Tu and Li-Chu Wang, through their company Majestic Asset Management. They had purchased the asset for $63.2 million

Iron Construction: Sustainable Builder

The name for Iron Construction was derived by combining the first letter of the founders’ surnames, Claudia Folzman and Dave Edgar. Together they make the periodic symbol for Iron (Fe), one of the most important elements on Earth. Iron has

Market Makers: Kofi Bonner

Market Makers: Kofi Bonner Kofi Bonner, Regional President, Five Point Holdings; oversees all northern California operations. In his previous role as President, Lennar Urban, Bonner managed all urban land acquisition, entitlement, planning, and development activities for Lennar Urban in San

Sonnenblick-Eichner Arranges $75MM Financing for Cavallo Point-The Lodge in Sausalito

LOS ANGELES, CA – September 20, 2016 – Sonnenblick-Eichner Company has arranged $75 million of first mortgage leasehold financing for Cavallo Point-The Lodge at the Golden Gate located in Sausalito, California. The financing was a non-recourse, five-year balance sheet, LIBOR-based

McNellis: Blood Simple

By John McNellis hether Theranos proves the biggest fraud since Volkswagen faked diesel remains to be seen, but the blood-testing company has already been convicted and hung in the court of private equity. Its stock valuation has plummeted from $9

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