Deep Discount for CBRE in San Jose
By Jon Peterson Los Angeles-based CBRE Global Investors got such a good deal on the 506-room San Jose Marriott Hotel that it has made the downtown Convention Center property its..
FINANCE
Boston Properties Builds San Francisco, Exits Downtown San Jose
By Sharon Simonson Even as office landlord Boston Properties aggressively pursues San Francisco office construction, including speculative development, and beefs up its ownership..
More Speculative Development Planned for Silicon Valley
By Jon Peterson Principal Real Estate Investors, the equity behind development of 57 acres in North San Jose once owned by Cisco Systems Inc., expects to undertake speculative..
Mountain View’s Climbing Ticket Price Doesn’t Faze
By Jon Peterson The heady purchase price for a downtown Mountain View office building paid by Silicon Valley’s Menlo Equities brought little excitement from South Bay brokers..
Synaptics Headquarters’ Price Trades Down
By Sharon Simonson Silicon Valley technology company Synaptics Inc. reduced the sale price of its Santa Clara headquarters to Orchard Partners and Apollo Global Real Estate by..
Ridge Capital Likes North San Jose
By Jon Peterson San Francisco-based Ridge Capital Investors is targeting an 8 percent return for a nearly 100,000 square-foot North San Jose research and development building at..
Kennedy Wilson Gooses Yields with East Bay Buys
By Jon Peterson Beverly Hills-based Kennedy Wilson expects to earn nearly a 6 percent going-in yield on its purchase of the 188-unit Montelena Apartments in Hayward. The real..
Sares Regis Closes Apartment Fund
By Jon Peterson Irvine-based Sares Regis Group will move forward to invest $120 million in committed capital for its new multifamily fund, despite having another $70 million to..
Harvest Sells 115 Sansome Ahead of Plan
By Jon Peterson Boston-based TA Associates Realty has acquired 115 Sansome St., an historic office building constructed in 1912 in San Francisco’s North Financial District. The..
Oakland’s Plaza 360 Office Building On the Market
By Jon Peterson The owners of an Oakland central business district office building set between the city’s Lake Merritt and Uptown neighborhoods have put the property on the..
