INDUSTRY news
Prudential Tests Strength of SoMa Draw
By Jon Peterson Parsippany, N.J., -based Prudential Real Estate Investors, the real estate investment management business of Prudential Financial Inc., is seeking buyers...
Westcore Plans Upgrades In Union City
By Jon Peterson San Diego-based Westcore Properties expects to invest $2.5 million in a Union City distribution center for which it paid $13 million,...
Caltrain Upgrades Should Electrify Property Markets As Well As Trains
By Sharon Simonson The value premium for real estate adjacent to Caltrain stations, which has grown noticeably during the current property recovery, is likely...
J.P. Morgan: Better Early Than Late for Spec Development
By Jon Peterson New York City-based J.P. Morgan Asset Management, the money source behind Tishman Speyer Properties’ grand office plans for San Francisco, has...
Mountain View’s Mayfield Mall In Play Again
By Sharon Simonson How tight is the Peninsula commercial real estate market for users that need big blocks of space? So tight that a...
Capri Capital Buys San Jose Apartments Far Below Replacement Cost
By Sharon Simonson San Jose’s strong job growth, the quality of the asset and the attractiveness of neighboring amenities such as the California...
Pension Fund Tags Santa Clara Industrial For Sale
By Jon Peterson A Santa Clara warehouse and distribution facility owned by the Kansas Public Employees Retirement System has been slated for sale as part...
Judge Takes Key Ruling in Sunnyvale Center Case Under Consideration
By Sharon Simonson Once again, Peter Pau’s attorneys in the Sunnyvale Town Center case appear to have circumvented catastrophe on their client’s behalf. A...
Sun Life Looks to Sell Walnut Creek Offices
By Jon Peterson Toronto-based Sun Life Assurance Co. of Canada is calling for offers on the 197,500 square-foot Centre Pointe Business Park in Walnut...
What Value A Good Name? A Lot
By Jon Peterson A Seattle-based real estate investment firm has learned what every Silicon Valley landlord already knows: Having names like Google Inc. and...
First Homebuilder Buys at Bay Meadows
By Sharon Simonson San Francisco’s Wilson Meany Sullivan has sold its first residential parcel in San Mateo’s Bay Meadows to TRI Pointe Homes....
Clarion Looks to Bay Area for Life Science Investment
Jon Peterson New York City-based Clarion Partners is eyeballing the San Francisco Bay Area life sciences sector for investment opportunity after clenching a...
