San Francisco Leasing Comps: Landlords Hold Lease Rates, Tenants Transact Out of Necessity
By Meghan Hall
Office leasing activity throughout the city of San Francisco has all but stopped, with most companies putting any big commercial real estate decisions on hold. Those who...
Gallelli Real Estate Announces Sudden Passing of Partner, President Jason Gallelli
ROSEVILLE, California, – Gallelli Real Estate is deeply saddened to announce today that its Partner and President Jason Gallelli died suddenly Sunday morning.
Gary Gallelli, Jr., Partner, CEO, said...
CREW Study Indicates Diversity and Business Success Are Linked
By Meghan Hall
A new white paper recently released by the Commercial Real Estate Women’s (CREW) Network, a leading producer of research on women in commercial real estate, indicates that...
New York Life Buys Office Building in Sacramento for $44.5MM
By Jon Peterson
The San Francisco office of New York Life Real Estate Investments has paid $44.5 million, or $261 per square foot, to acquire the 170,267 square 770 L...
Fremont’s Central Commons Affordable Housing Project Gets Underway
Construction crews have started preparing the site of the new Central Commons affordable housing project in the Centerville District. This 30-home development is a partnership between the City of...
Cupertino’s Vallco Town Center SB 35 Approval Upheld in Major Court Ruling
Ruling determined City of Cupertino acted properly in processing the SB 35 application. Ruling allows Sand Hill Property Company’s revitalization of the site to continue moving forward.
Cupertino, Calif. (May...
Woodmont Real Estate Services Awarded Half a Million Square Feet of Commercial Property Management
Belmont, CA – Woodmont Real Estate Services Scott Pritchett, CPM® and President of the company’s Commercial Division announced today that the property management firm has been awarded several new...
Blackstone & Starwood to Acquire Extended Stay America for $6B
Extended Stay America, Inc. (“ESA”) and its paired-share REIT, ESH Hospitality, Inc. (“ESH” and together with ESA, the “Company”) (NASDAQ: STAY) announced today that it has signed a definitive...
AMCAL Closes Financing and Starts Construction on a 750-bed Student Housing Community at CSU...
SACRAMENTO, Calif.--AMCAL Equities, LLC announced today that it closed financing and started construction on The Crossings—a new 225-unit, student housing community that will provide 750 beds to serve the...
Retail Center in Antioch Sells for $26MM
(EDITOR'S NOTE: The cap rate on the $26 million sale was 5.5 percent based on the current income being produced by the asset, according to Mark Thomas, senior vice...
