Sunday, December 16, 2018
CenterPoint Properties, Oakland, Cushman & Wakefield, San Francisco, Webcor

CenterPoint Acquires 37,546 SQFT Industrial Warehouse in Oakland for $8MM

(EDITOR’S NOTE: According to public documents filed with the county, the property sold for $8,008,000 in a transaction that closed on November 21, 2018.) OAK BROOK, IL – CenterPoint Properties...
S&P 500, Christmas, Northern California, Palo Alto, McNellis Partners, financial winter, recession,

McNellis: Winter is Coming

By John McNellis As of last Friday, the S&P 500 was down 2.33 percent for the year. Like a dead rat in the basement, everyone can smell the next recession,...
Allianz Real Estate, San Francisco, Seattle, Los Angeles, Normandy Real Estate Partners, L&L Holding Company, JP Morgan, Hudson Pacific Properties,

Allianz Real Estate Ends a Strong Year in the US, Including Investment in San...

Allianz Real Estate deploys $728mn in new equity transactions in 2018, including the historic Ferry Building in San Francisco, 53 State Street in Boston and the Terminal Stores...
TMG Partners, San Francisco Bay Area, Grosvenor Americas, California Pacific Medical Center Presidio Heights, Robert A.M. Stern Architects

TMG Partners and Grosvenor Americas to Redevelop CPMC Presidio Heights Campus

SAN FRANCISCO (Dec. 10, 2018) – TMG Partners, one of the San Francisco Bay Area’s largest mixed-use property developers, and Grosvenor Americas, a privately owned property investment and development...
SK Hynix America, San José, Santa Clara, San José Mercury News, Silicon Valley, Santa Clara Convention Center, Cisco, Apple, Bay Area

South Korea-Based SK Hynix America Buys 11-Acres for $31MM in San José

 By Meghan Hall SK Hynix America solutions, considered one of the world’s largest semiconductor suppliers, has snapped up 11-acres of land located right next to its San José office located...
San Francisco, Hanson Bridgett, SOMA, Transferable Development Rights, Caltrain, Rincon Hill, San Francisco Board of Supervisors

San Francisco Officially Passes its Long Awaited Central SOMA Plan

By M. Brett Gladstone, Esq., Partner, Hanson Bridgett LLP, San Francisco . On December 4, 2018, the San Francisco Board of Supervisors (on its second and final reading) approved the...
Maxar Technologies, Palo Alto, Northern California

Maxar Technologies Sells Palo Alto Asset for $70MM

WESTMINSTER, CO, Dec. 6, 2018 - Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a global technology innovator powering the new space economy, today announced it has completed the sale of its Building 1...
LEED, Clorox, Real Estate Partners Americas II Fund, Oakland, 1221 City Center, KKR, TMG Partners, Bay Area

TMG Partners & KKR Acquire 1221 City Center in Oakland for $253.5MM

(EDITOR'S NOTE: According to public documents, the asset was purchased for $253,542,500, or just over $485 per square foot.) TMG and KKR partner on second Oakland-based transaction in 2018 SAN FRANCISCO/OAKLAND...
Lockehouse Retail Group, Lockehouse Property Management Group, Colliers International, Bay Area, brokerage services

Lockehouse Retail Group, Inc. Launches Lockehouse Property Management Group, Inc.

Lockehouse Retail Group has launched Lockehouse Property Management Group (LPMG) and brings over industry veteran Melody Teixeira from Colliers International to lead the new division. Melody Teixeira has over...
Barry Slatt Mortgage, Romel Enterprises, San Mateo, California, CMBS, Loan

Barry Slatt Mortgage Funds $75MM Loan for San Mateo Office Asset

Barry Slatt Mortgage CEO, Daniel Friedeberg, along with Vice President Kelvin Lam, and Jason Wang recently closed a $75,000,000 permanent loan on a Class A office building, owned by...