INDUSTRY news
Morgan Stanley Investment Management Announces Acquisition of Mesa West Capital, LLC
Leading U.S. commercial real estate credit platform to become a part of Morgan Stanley Investment Management NEW YORK – Morgan Stanley Investment Management...
PCCP JV Acquires 840,000 SQFT Industrial Facility in Vacaville for $35MM
PCCP, LLC announced today it has formed a joint venture with LDK Ventures to acquire a vacant 843,248-square-foot cross‐docked industrial building on approximately...
IKEA Leases 650,000 SQFT Fulfillment Center in American Canyon
By Jon Peterson The Swedish furniture design and retail conglomerate IKEA has agreed to lease 650,000 square feet of warehouse space in the...
HFF Announces $17.1MM Financing for 40-unit Multi-housing Development in San Francisco
SAN FRANCISCO, CA – October 2, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $17.1 million financing for the development of 901...
Trion Properties Buys Fremont Multifamily Community for $26.5MM
Fremont, California (October 2, 2017) – Trion Properties, a private equity real estate firm with a niche focus on value-add multifamily investments, has...
Menlo Equities Plans Perpetual Life Commingled Fund, Seeds it With Evernote’s Building in Redwood City
By Jon Peterson Menlo Park-based Menlo Equities is planning to start soon its capital raise for a new commingled fund called Menlo Institutional...
PG&E Breaks Ground on a New, State-of-the-Art Substation Training Center in Livermore
On Sept. 29, Pacific Gas and Electric Company (PG&E) broke ground on a new 145,100-square foot substation training facility at the company’s Livermore...
Microsoft Buys Cilker Family 64.5-Acre Site in San Jose for $73.2MM
By Vladimir Bosanac Landbanking in Silicon Valley is a thing again. In another transaction in San Jose, yet another technology giant is making...
Announcing Overton Moore Properties Newest Development Marina Gateway Industrial Center in San Leandro, CA
Commencement of Construction of 300,000 Square Feet of Advanced Manufacturing and Distribution Space OAKLAND, CA – SEPTEMBER 28, 2017 – Overton Moore Properties...
Terreno Realty Corporation Acquires Building in Fremont for $7.3MM
SAN FRANCISCO–Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial...
Asian Investor Buys The Campus at First, a 265,000 SQFT Development in San Jose for $58.5MM
By Vladimir Bosanac Fang Holdings, the parent company of fang.com, the Chinese provider of online real estate business service is making a big...
Prometheus Spends $132.5MM for Mountain View Site Planned for Housing
By Vladimir Bosanac San Mateo-based Prometheus Real Estate Group purchased Mountain View offices located at 675-685 East Middlefield Road for a reported $132.5...