Morgan Stanley Buys Leasehold Interest in Palo Alto Office Building
By Jon Peterson
New York City-based Morgan Stanley Real Estate has paid $65 million or $857 per square foot for a 100 percent leasehold interest in the 75,875 square foot...
Voracious Essex Continues To Buy
By Sharon Simonson
Palo Alto landlord Essex Property Trust Inc. has acquired Park West apartments in San Francisco and the former Waterstone Santa Clara in Santa Clara for not quite...
Report: Foreign Interest in U.S. Real Estate Cools Significantly
The landscape of the U.S. residential and commercial real estate markets is experiencing a notable shift as foreign investment dwindles amidst a backdrop of economic uncertainty and high interest...
Retail Opportunity Investments Beefs up Bay Area Portfolio with $140.5MM in Retail Deals
By Jon Peterson
San Diego-based Retail Opportunity Investments Corporation (ROIC) has had a recent surge of investments in shopping center investments in the San Francisco Bay Area totaling $140.5 million,...
Heading West: Project Plans Submitted for 1.3MM SQFT of Office in San Jose
By Meghan Hall
San Jose’s development boom has been widespread, but the city’s highest density redevelopment projects have largely been located in the downtown core or North San Jose, which...
Oakland Among First Development Sites for Australian Industrial Property Owner
By Jon Peterson
The largest industrial property group listed on the Australian Securities Exchange is taking on San Francisco-based Prologis Inc. on its home turf, acquiring an 18.6-acre site in...
IWG Launches New Office Retail Concept in Napa Valley
First Flagship Property to Open in Napa, Calif., in February 2021 with Several Global Locations to Follow
NAPA VALLEY, CALIF. (FEB. 22, 2021) – Spaces, part of IWG (LSE:IWG), the world’s largest flexible workspace company, announced the launch of a new concept at Spaces Napa Valley, California. Created in direct response to...
TA Realty Pays $90.5MM for Three Industrial Buildings in Fairfield
SAN FRANCISCO – JLL Capital Markets announced today that it has closed the $90.5 million sale of Green Valley Corporate Park, three newly completed, Class A industrial buildings totaling...
Ridge Capital Partners to Buy Office Property in Walnut Creek for $66MM
By Jon Peterson
San Francisco-based Ridge Capital Partners has put under contract the acquisition of the PMI Plaza office building located at 3003 Oak Road in Walnut Creek. The purchase...
91-Unit Manteca Property Sells for $29.3MM
MANTECA, Calif.--The Mogharebi Group, (“TMG”) has completed the sale of Union North, a 91-unit multifamily community . The property sold with multiple offers for a sales price of $29,250,000 , which equates to approximately $321,000 per unit...
