California State Teachers Retirement System
GI Partners Buys Apple Occupied 825 Stewart Drive in Sunnyvale for $34.7MM
(EDITOR’S NOTE: According to public records, the asset was purchased for $34,725,000, and the transaction closed May 20, 2016. The seller was Hines,...
Blackstone to Acquire Market Center in San Francisco for Roughly $489MM
By Jon Peterson New York City-based Blackstone Real Estate Partners is planning to acquire the 720,000 square foot Market Center office building in...
Blackstone Buys San Francisco Hotel for $126MM
By Jon Peterson Hartford, Conn.-based Cornerstone Real Estate Advisers has provided financing that covers 83 percent of the acquisition by New York City-based...
CalPERS Names Mary Anne Ashley Chief of Legislative Affairs
SACRAMENTO, CA – The California Public Employees’ Retirement System (CalPERS) has named Mary Anne Ashley the new Chief of its Legislative Affairs Division....
Brookfield Residential, Standard Pacific Homes to Build Nearly 2,000 Units in Dublin
By Nancy Amdur Developers Brookfield Residential Properties and Standard Pacific Corp. announced that they have secured acquisition and development rights for a master-planned...
DivcoWest Starts a $1.5 Billion Capital Raise for New Commingled Fund
By Jon Peterson San Francisco-based DivcoWest Properties has just started the capital raising process for its next commingled fund, the $1.5 billion DivcoWest...
CalSTRS Allows New Capital to Consider Deals for San Francisco and Seattle
By Jon Peterson California State Teachers Retirement System has made new real estate commitments totaling $850 million and is planning to allocate at...
TIAA-CREF Puts 888 Brannan Under Contract at Around $700 Per Square Foot
By Jon Peterson New York City-based TIAA-CREF has put under contract for purchase the 888 Brannan Street office building in San Francisco for...
Resmark and Sares Regis to Fund 1/3 of New Apartment Complex in San Bruno with Equity, Rest with Debt
By Jon Peterson Los Angeles-based Resmark Apartment Living and San Mateo-based Sares Regis Group of North California are planning to invest 1/3 of...
CalSTRS’ New Single-family Commitments to Target San Francisco and Seattle
By Jon Peterson California State Teachers Retirement System has approved $150 million worth of new commitments in real estate targeting single-family investment opportunities....
Beacon Capital to Test the Market in San Francisco With Sale of 888 Brannan
By Jon Peterson Boston-based Beacon Capital Partners will test the office building sales market in San Francisco as it has plans to bring...
CalSTRS Confirms December Sale of 180 Grand in Oakland for $61.3MM
By Jon Peterson As reported in December, California State Teachers Retirement System has sold the 277,030 square foot 180 Grand office building in Oakland...
