CalSTRS
CalSTRS Makes $200MM Commitment into DivcoWest Fund
By Jon Peterson California State Teachers Retirement System has approved a $200 million commitment into the DivcoWest Fund V commingled fund, according to...
Clarion Selected as Buyer of 1999 Harrison in Oakland for Over $225MM
By Jon Peterson New York City-based Clarion Partners has been selected as the buyer of 1999 Harrison Street in downtown Oakland. The purchased...
New $150MM Joint Venture Wants to Find Assets in the Bay Area
By Jon Peterson ArcWest Partners, a new $150 million joint venture between Los Angeles-based Belay Investment Group and Arc Capital Partners, has its...
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,...
GI Partners Acquires University of Texas Data Center
GI Partners Announces Acquisition of Synergy Park, 3000 – 3030 Waterview Parkway in Richardson, Texas DataCore Purchases Tier III Data Center and Office...
GI Partners Announces Acquisition of 5353 West Bell Road In Glendale, Arizona
SAN FRANCISCO, Dec. 1, 2015 — GI Partners announced that it has completed the acquisition of 5353 West Bell Road located in Glendale,...
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....
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...
CenterCal Properties to Buy Chevron Building for Retail Redevelopment in Concord for $42MM
[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d12580.830355619171!2d-122.05885060000001!3d37.97228450000002!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x808566c725837a37%3A0x9cd033b8580591f9!2s2001+Diamond+Blvd%2C+Concord%2C+CA+94520!5e0!3m2!1sen!2sus!4v1438235551832&w=600&h=450] By Jon Peterson El Segundo-based CenterCal Properties is in the process of paying approximately $42 million, or $73 per square foot,...
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....
