El Sobrante Apartment Community Sells for $21MM, or Nearly $300,000 Per Unit
Fully-leased 72-Unit ‘The Terraces’ Apartments in El Sobrante Sold after Multiple Bids
SAN FRANCISCO, CA – July 31, 2017 – In another landmark transaction demonstrating the strength of the multifamily...
Walnut Creek Seeks Input for North Downtown Specific Plan
By Michele Chandler
Encouraging office development north of Walnut Creek’s Ygnacio Valley Road. Considering an arts-entertainment-hospitality district, complete with an outdoor plaza with a focus on public art. Bringing jewelry-making,...
Riverwalk at Downtown Danville Approved for 150 Units
On July 18, 2017, the Town of Danville, CA granted final approval for the development of a 150 unit Class A multifamily residential apartment project. The Riverwalk at Downtown...
Alexandria Takes Two Additional Sites in San Carlos for $85MM
By Jon Peterson
Pasadena-based Alexandria Real Estate Equites has paid $85 million for two land sites located at 825 and 835 Industrial Road in San Carlos, as stated by the...
San Jose Industrial Asset Sells for $62MM
By Vladimir Bosanac
Two LLCs with a Los Angeles address listed for real estate attorney Phyllis Alden Truby purchased the industrial property located at 696 East Trimble Road in San...
Walnut Creek Medical Office Sells for $7.6MM
By Vladimir Bosanac
A medical office of approximately 16,000 square feet in Walnut Creek sold for $7,578,000 , or just over $475 per square foot, earlier this month. The transaction...
Google Transfers 52 Sunnyvale Properties into Direct Ownership from CBRE Global Investors
By Vladimir Bosanac
What has been one of the most commonly understood anecdotes in the Silicon Valley commercial real estate market has finally been confirmed. According to the Silicon Valley...
Blackstone/EOP to Sell San Mateo Assets for $82MM
By Jon Peterson
Blackstone Real Estate Partners, through its operating office platform with Equity Office, is in the process of selling three office buildings in San Mateo for $82 million,...
Tenderloin Housing Project Looks to Bring Contemporary, Urban Style
By Michele Chandler
A 1924 parking garage in San Francisco’s gritty Tenderloin District could give way to a new housing complex under a proposed development slated for 550 O’Farrell St.
Palo...
CBRE Arranges $54MM in Financing for the Development of Two North San Jose Hotels
SAN FRANCISCO, CA – July 26, 2017 – CBRE Capital Markets’ Debt & Structured Finance team has arranged $54 million in construction financing for the development of two four-story,...