INDUSTRY news
Investor Nabs Silicon Valley Offices for $119 Million
By Jon Peterson New York City-based Deutsche Asset & Wealth Management, formerly known as RREEF Real Estate, expects to achieve an initial yield...
Giant Transbay Transit Center Also Giant Engineering Feat
By Sharon Simonson As anyone knows who has dug a hole at the beach or even the backyard, one of the challenges is...
Samsung Jumpstarts North San Jose with Headquarters
By Sharon Simonson San Jose’s City Council has approved a trio of agreements with Samsung Semiconductor Inc. to build a 680,000-square-foot research and...
Prologis Buys South San Francisco Truck Terminal
By Jon Peterson San Francisco-based Prologis Inc. has paid $15.6 million, or $654 a square foot, for a 23,840-square-foot industrial property on 201...
Silicon Valley Contract Manufacturer Grows to Meet Demand
By Sharon Simonson Another contract manufacturing-services company is expanding in Silicon Valley, offering the latest bit of evidence of a re-shoring trend that...
CityView Finances Foster City Redevelopment
By Jon Peterson Los Angeles-based CityView plans to provide $26 million in equity to finance a new $74 million mixed-use development in Foster...
Canadian Investor Plans Overhaul of Mission West Portfolio
By Jon Peterson Two Canadian companies investing pension fund money have acquired all but a sliver of the equity in the former Mission...
CalPERS Eyeballs Bay Area Industrial Assets
By Jon Peterson San Francisco Bay Area industrial properties are among those targeted for a new industrial investment partnership funded by the California...
Walton Street Capital Buys Interest in Fairmont Residences
By Jon Peterson Chicago-based Walton Street Capital LLC has invested $28.5 million in the Fairmont Heritage Place, Ghirardelli Square, a private club that...
New National Appraisal Firm Challenges Big Broker Incumbents
By Sharon Simonson San Jose-based Hulberg & Associates Inc., the largest independent commercial appraisal firm in California, has joined 41 other like firms...
FelCor Seeks Buyers for Embassy Suites in Milpitas
By Jon Peterson Irving, Texas, -based FelCor Lodging Trust Inc. has put the 266-room Embassy Suites Milpitas-Silicon Valley on the market for sale...
High Pricing Pulled Loja to Market
By Jon Peterson Strong buyer interest and a belief that the pricing for core retail assets in the Bay Area has reached a...