PGIM Pulls Out of 123 Mission (Juul Building) Acquisition in San Francisco
By Jon Peterson
PGIM Real Estate is no longer trying to buy the 123 Mission property in San Francisco, the 346,000 square foot building that is currently owned by Juul,...
Judge Orders Los Altos to Permit Construction of 30,000 SQFT Mixed-Use Project
Victory for Housing Advocates and Property Owners Using SB 35 and Other State Laws to Expedite Approval of Rejected Project
Santa Clara—A court has ruled this week that the City...
Modernized R&D Facility in Milpitas Trades for $41.1MM
SAN JOSE, Calif. – Cushman & Wakefield announced today the firm represented both parties in the sale of a fully leased, 102,668-square-foot R&D facility in Milpitas (Silicon Valley), California. Empire Square...
Private Global Education School Pursues 400,000 SQFT Development for New San Jose Campus
By Meghan Hall
A global education organization with campuses in New York City, São Paulo, Brazil, and Shenzhen, China, has selected San Jose as the home of its next campus...
Swift Concludes Capital Raise on Fund III at $503MM
By Jon Peterson
San Francisco-based Swift Real Estate Partners has completed its final capital raise of approximately $503 million for its Swift Real Estate Partners Fund III, according to sources that...
Alexandria Backs Out of Townsend Building Purchase in San Francisco and Forgoes $10MM Deposit
By Jon Peterson
Alexandria Real Estate Equities has made the decision to walk away from its intent to acquire the Townsend Building in San Francisco, according to multiple sources that...
The Center, Designed by CAW Architects, Opens Early to Support Coronavirus Relief Efforts
The one-of-a-kind regional facility, designed to feed 30,000 Oakland Unified School District students starting in fall 2020, has transitioned to collect and distribute food for community members in need in collaboration with...
Alexandria Buys 12.7-Acre Site in San Carlos for $113MM
By Jon Peterson
Pasadena, Calif.-based Alexandria Real Estate Equities has acquired a 12.7-acre site slated for future development in San Carlos that includes a former Kelly-Moore Paint facility totaling 26,738...
Starcity Works to Builds the Future of Urban Housing with $30MM in Funding
Introduction
Four years ago, we came up with the concept of Starcity. We joined Y Combinator in the summer of 2016 with just a team and a dream. I had...
Facebook Agrees to Take 230,000 SQFT in Fremont, Solidifying Largest R&D Leasing Deal of...
By Meghan Hall
A Class B office and research and development property has landed a big tenant: Facebook. The global technology company, who has been expanding steadily throughout the East...