INDUSTRY news
Boston Properties Buys In Mountain View
Jon Peterson Boston-based Boston Properties Inc. has paid $71.5 million to acquire 2440 W. El Camino Real in Mountain View, a 140,000 square-foot...
Apple Inc. Takes Sunnyvale Town Center Offices
Sharon Simonson Apple Inc., the rapidly growing consumer electronics maker that has its headquarters in neighboring Cupertino, has again jumped the city boundary...
Apartment Owner Tries Concord Mobile Homes
Sharon Simonson A Concord mobile home park with 178 spaces has sold for $9.3 million to a private apartment investor looking for yield....
Interiors Star Irving Joins HOK in San Francisco
By Sharon Simonson Richard Irving, an interior designer whose history includes work for The Getty Center in Los Angeles and restaurateur Wolfgang Puck, has...
Angelo Gordon Buys in Downtown Palo Alto
Jon Peterson New York City-based Angelo Gordon & Co. has acquired a leasehold interest in a shuttered assisted living facility in downtown Palo...
CalSTRS Sends $47 Million to Apartment Fund
Jon Peterson The California State Teachers’ Retirement System has approved a $47.2 million commitment to a new apartment investment fund being managed by...
Behringer Harvard Puts Hitachi-Leased Properties on the Block
Jon Peterson Dallas-based real estate firm Behringer Harvard and San Francisco’s Digital Realty Trust Inc. are selling two Santa Clara office-R&D buildings that...
Behringer Harvard Puts Hitachi-Leased Properties on the Block
Jon Peterson Dallas-based real estate firm Behringer Harvard and San Francisco’s Digital Realty Trust Inc. are selling two Santa Clara office-R&D buildings that...
Apple Narrows Field of General Contractors for Massive Headquarters
Sharon Simonson If there were any doubt that Apple Inc. intended to go forward with construction of its mammoth new campus in Cupertino...
CalPERS Dedicates Nearly $500MM to Buy Apartments, Decrease Debt
Jon Peterson The California Public Employees’ Retirement System has placed nearly $494 million in new commitments with several of its existing real estate...
Another SoMa Building Goes on the Block
Jon Peterson Iowa-based insurer Aegon Americas has put a 55,000 square-foot office building in San Francisco’s South of Market up for sale. The...
Global Economic Shudders Shake Bay Area Less Than The Rest
Sharon Simonson National and international economic weakness is contributing to rising concern among bankers and institutional real estate investors about the durability of...