Bay Club Company, Leisure Sports, Walnut Creek, Danville, Pleasanton, Fremont, Portland, Marin, San Francisco, East Bay, Peninsula, Silicon Valley, San Jose, Los Angeles, San Diego. Aliso Viejo, Simpson Thacher & Bartlett, Brownstein Hyatt Farber Schreck, Hanson Bridgett

RREEF Founder Scion Awarded $30MM CalPERS Allocation

By Jon Peterson San Francisco-based Sack Properties has received a $30 million equity allocation from a CalPERS program created to help groom the next generation of real estate managers. Combined with...

Palo Alto Campus Sells to Google

By Jon Peterson Menlo Park-based California Pacific Commercial Corp. has sold a 200,000-square-foot portfolio of manufacturing and office properties on East Meadow Circle in Palo Alto to Google Inc. The...

Alpha Tech Buys San Jose Building for Headquarters

By Jon Peterson Campbell-based South Bay Development Co. has sold 1321 Ridder Park Drive in San Jose for $3.32 million, or $92.50 a foot, to San Jose-based Alpha Tech Consulting...

Sonoma Mission Inn’s Hot Springs Soothe NYC Investor

By Jon Peterson New York-based Carey Watermark Investors Inc. has paid $73.3 million to buy a 75 percent interest in the Fairmont Sonoma Mission Inn & Spa, the first San...

Santa Clara County Median Home Value Dips in June

By Sharon Simonson More evidence that the regional housing market is taking a breather: For the first time since 2008, the median price of a single-family home dropped from May...
Google, Mountain View, CBRE, NetApp, Rockwood Capital, Walnut Hill Capital, Applied Micro, Marin County Employees' Retirement Association, Iron Construction

Google Puts Bayview Campus Construction On Hold

By Sharon Simonson UPDATED: 4:20 pm Google Inc. is postponing construction on its Bayview campus at NASA Ames Research Center in Mountain View. The company has told its contractors and construction workers...

Samsung Starts North San Jose Campus with 2015 In Mind

By Sharon Simonson In what promises to be a watershed event for the city of San Jose and its North San Jose industrial base, Samsung Semiconductor Inc. broke ground July...
Bay Area Council, San Francisco, Bay Area, East Bay

JLL: San Francisco Leasing Slowdown Not A Disaster for Office Developers

By Sharon Simonson Even under a worst-case scenario that assumes 2015 and 2016 employment losses consistent with those in the Great Recession, the San Francisco office vacancy rate would reach...

San Francisco’s Downward Turn Doesn’t Rattle Hudson Pacific Chief

By Jon Peterson With its lease to on-demand luxury-car service Uber, Los Angeles-based Hudson Pacific Properties Inc. has successfully filled 1455 Market St. in the last two-and-a-half years, taking occupancy...
San Francisco Employees' Retirement System, Downtown Properties, Gaw Capital Partners, Downtown Properties, San Francisco real estate, Bay Area news

Developer David Choo Keeps A Piece of the TMG Transbay Action

By Jon Peterson and Sharon Simonson As part of a settlement reached in federal bankruptcy court, San Francisco real estate developer and investor David Choo will participate in profits from...