Pension Funds Buy Bay Area Multifamily, Again

By Jon Peterson Pension funds can’t seem to get enough of Bay Area apartments. The state of Wisconsin and the Los Angeles County employees’ pension fund, both of which have invested...

Hines Selling Three San Mateo Buildings

By Jon Peterson Houston-based Hines Real Estate Investment Trust Inc. has put a three-building San Mateo office complex on the block. The sale will test investor demand for Peninsula office space...

Bechtel Lands At Bishop Ranch

By Sharon Simonson Nearly two dozen companies including a unit of San Francisco’s Bechtel Corp. have signed new leases in the last 60 days to occupy in excess of 50,000...

Investors Flock to San Francisco Office Deals

By Jon Peterson Institutional investors in two San Francisco office buildings in the city’s North Financial District have agreed to accept initial yields of 5 percent or less, according to...

Gilead Pays $610 a Square Foot for Foster City Property

By Jon Peterson Foster City-based Gilead Sciences Inc. has agreed to pay $180 million, or $610 per square foot, to acquire 303 Velocity Way in its hometown. The 10-story building...

Jay Paul Looks to Climb ‘Tall Tree’ in Palo Alto

By Sharon Simonson San Francisco-based Jay Paul Co. has filed a request with the city of Palo Alto to allow the office developer and landlord to build more than 300,000...

Bay Area Retail Recovery Reaches Farther, Wider

By Sharon Simonson and Jon Peterson In another sign of the Bay Area’s retail revival, a new study shows that of nearly four million square feet of big-box shop space...

BRE Buys Pleasanton Apartment Site

By Jon Peterson San Francisco-based BRE Properties Inc., a real estate investment trust with interests in nearly 25,000 California and Seattle, Wash., apartments, has paid $11.1 million for 8.4 acres...

Walnut Creek Shopping Center Trades Hands for ‘Premium’ Price

By Sharon Simonson A BlackRock joint venture has acquired a Walnut Creek necessity-anchored shopping center for nearly $35 million in a deal that reflects strong investor demand for Bay Area...

Dell Expands Silicon Valley Footprint

By Sharon Simonson Dell Inc. has agreed to lease 150,000 square feet in Santa Clara from The Irvine Co., the latest Silicon Valley expansion for the Texas-based information-technology company. Dell is...