NorthMarq, Alameda, San Francisco, The Launch, Bay West Group, Pacific Development, Oakland

$166MM of JV Equity & Construction Financing Obtained for Waterfront Apartment Development in Alameda

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SAN FRANCISCO (April 8, 2021) – John Kerslake, managing director, Briana Harney, vice president, and Griff Whitlock, senior analyst of NorthMarq’s San Francisco office secured debt and joint venture equity for...
San Francisco, Brookfield Properties, SoMa, Mary Mark Park, 5M, 434 Minna, Dempster Building, United Playaz

302-Unit Residential Development and Mary Court Park in San Francisco Make Progress

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The 5M mixed-use development marks construction milestones for a new residential building with 302 rental units, including 91 units affordable for middle-income residents, and the new Mary Court park...
San Francisco, Newmark, Fremont Research Center, Kennedy Wilson Fund VI, Silicon Valley

Kennedy Wilson Buys Fremont Research Center for $32.3MM

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San Francisco, CA (April 6, 2021) — Newmark Knight Frank (“Newmark”) announces it has completed the $32.3 million (just over $279 per square foot) sale of Fremont Research Center, a...
Pleasant Hill, Cleaveland House, Gemdale USA, Blake Griggs Properties

Pleasant Hill Officials Approve 189-Unit Project, Recognize Need for Denser Development

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By Meghan Hall The suburb of Pleasant Hill has long fought density, but City officials are beginning to recognize it as an increasing necessity as the demand for housing continues...
Google, North Bayshore, Mountain View, Lendlease, SyWest

Google Expands Vision for North Bayshore District in Mountain View, Adding 1.3MM SQFT of...

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By Meghan Hall Google is continuing to bet on the future of office, even after 2020 raised many questions about the desirability of office spaces long-term. In a recent update...
San Jose, Dan Caputo Co., Park San Jose

San Jose Restaurant Sells for $1.85MM, Converts to Community Facility

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(EDITOR’S NOTE: According to public documents, the 4,700 square-foot property sold in February of 2021 for $1.85 million.) "The Park San Jose" will offer youth and adult soccer leagues, camps,...
Kylii, Burlingame Point, Cushman & Wakefield, Goldman Sachs, J.P. Morgan, Deutsche Bank, Athene Annuity & Life Company, Apollo Global Management, Silicon Valley, San Francisco, Peninsula

Kylii’s Burlingame Point Obtains $750MM Refinancing

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BURLINGAME, Calif., April 6, 2021 – Cushman & Wakefield announced today that the real estate services firm served as the exclusive advisor to affiliates of Kylli, Inc. in the procurement of...
Maclac Building, San Francisco, CBRE, SOMA Potrero District, Comstock Realty Partners, Dune Real Estate Partners

San Francisco’s The Maclac Building Receives $52MM in Construction Financing

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SAN FRANCISCO –  CBRE Capital Markets’ Debt & Structured Finance has secured construction financing for The Maclac Building, a five-story, +108,161 net-rentable-square-feet PDR-zoned redevelopment project located in San Francisco.  The San Francisco-based...
Graceada Partners, Osso Capital, Modesto, The Edge at Lakewood

Graceada Partners & Osso Capital Close Spend $33MM on 196-Unit Multifamily Apartment Complex in...

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The Property was Purchased Off Market  (EDITOR’S NOTE: According to sources with knowledge of the transaction detail, the property sold for $33 million, or $168,367 per unit.) Modesto, CALIFORNIA – April,...
San Francisco, Newmark, Outfront Media, 476 5th Street

Family Places Freeway Billboard/R&D Asset up for Sale in San Francisco with Pricing of...

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By Jon Peterson A local family has placed on the market for sale a billboard and R&D building located at 476 5th Street. The asking price is $11.5 million, according to the...

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