Food for Thought: Safeway To Put $1B Into Real Estate Development

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By Jon Peterson & Sharon Simonson Developers of neighborhood-based necessity retail have a new deep-pocketed competitor: Pleasanton-based grocer Safeway Inc. Operating through Property Development Centers, a wholly owned subsidiary established quietly in...

Arden Sells Into Rising Market

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By Jon Peterson Los Angeles-based Arden Realty Inc., the commercial property arm of the General Electric Co., has placed a nine-property, central Silicon Valley office and R&D portfolio on the market...

Arden Sells Into Rising Market

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By Jon Peterson Los Angeles-based Arden Realty Inc., the commercial property arm of the General Electric Co., has placed a nine-property, central Silicon Valley office and R&D portfolio on the market...

Judge Denies Request from Pau for ‘Mini-trial’ in Sunnyvale Center Case

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By Sharon Simonson Peter Pau and his Sand Hill Property Co. will not be allowed to stage a full evidentiary hearing to vet the activities of a court-appointed receiver named to...

Prudential Selling in San Francisco South Financial District

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By Jon Peterson Parsippany, N.J., -based Prudential Real Estate Investors has put 685 Market St. in San Francisco’s red-hot South Financial District up for sale. The Monadnock Building, as the property is...

Drawbridge Moats $125 Million

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By Jon Peterson San Francisco-based Drawbridge Partners LLC has inked a deal with New York City-based Almanac Realty Investors LLC for an equity investment of up to $125 million to fuel...

CalPERS Sells Vacaville Apartments to Sequoia

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By Jon Peterson The California Public Employees’ Retirement System has sold the 312-unit River Oaks Apartments in Vacaville for $52.4 million on an all-cash basis to Sequoia Equities Inc., a real...

CalPERS Sells Vacaville Apartments to Sequoia

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Jon Peterson The California Public Employees’ Retirement System has sold the 312-unit River Oaks Apartments in Vacaville for $52.4 million on an all-cash basis to Sequoia Equities Inc., a real...

Bay Area Hotel Sales Rise Smartly in 2011

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By Jon Peterson The largest and most expensive hotel sold in San Francisco County last year was The Westin San Francisco Market Street. The 676-room behemoth traded for $172 million, or...

Bay Area Hotel Sales Rise Smartly in 2011

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Jon Peterson The largest and most expensive hotel sold in San Francisco County last year was The Westin San Francisco Market Street. The 676-room behemoth traded for $172 million, or...

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