East Bay Loans Lead List of Monitored Debt
By Sharon Simonson
More than $187 million in unpaid loans collateralized by Oakland area real estate have been added to a “watchlist” compiled by Morningstar Credit Ratings LLC.
The assessment puts...
Matteson Buys Marin Mixed-Use
By Jon Peterson
A 124-unit apartment complex over a Whole Foods store in Marin County acquired for less than replacement cost by The Matteson Cos. could be converted back to...
Prudential Tests Strength of SoMa Draw
By Jon Peterson
Parsippany, N.J., -based Prudential Real Estate Investors, the real estate investment management business of Prudential Financial Inc., is seeking buyers for a 255,000 square-foot office building located...
Westcore Plans Upgrades In Union City
By Jon Peterson
San Diego-based Westcore Properties expects to invest $2.5 million in a Union City distribution center for which it paid $13 million, or $76 a square foot.
The three-building, multitenant...
Caltrain Upgrades Should Electrify Property Markets As Well As Trains
By Sharon Simonson
The value premium for real estate adjacent to Caltrain stations, which has grown noticeably during the current property recovery, is likely to grow even more after the transit...
J.P. Morgan: Better Early Than Late for Spec Development
By Jon Peterson
New York City-based J.P. Morgan Asset Management, the money source behind Tishman Speyer Properties’ grand office plans for San Francisco, has its fingers crossed that by being in...
Mountain View’s Mayfield Mall In Play Again
By Sharon Simonson
How tight is the Peninsula commercial real estate market for users that need big blocks of space?
So tight that a former Hewlett-Packard Co. campus on the Palo Alto-Mountain...
Capri Capital Buys San Jose Apartments Far Below Replacement Cost
By Sharon Simonson
San Jose’s strong job growth, the quality of the asset and the attractiveness of neighboring amenities such as the California Theatre led Chicago-based Capri Capital Partners LLC...
Pension Fund Tags Santa Clara Industrial For Sale
By Jon Peterson
A Santa Clara warehouse and distribution facility owned by the Kansas Public Employees Retirement System has been slated for sale as part of a larger disposition program that involves...
Judge Takes Key Ruling in Sunnyvale Center Case Under Consideration
By Sharon Simonson
Once again, Peter Pau’s attorneys in the Sunnyvale Town Center case appear to have circumvented catastrophe on their client’s behalf.
A motion by Wells Fargo & Co. to extricate...