Ellis Partners Pays $34.9MM to Buy Office Building in San Rafael
By Jon Peterson
San Francisco-based Ellis Partners has acquired the 130,237 square foot 4040 Civic Center Drive office building in San Rafael for $34.9 million or $267 per square...
Starwood Pays Nearly $100MM for a Sheraton Hotel in Sunnyvale
By Jon Peterson
Greenwich, Conn.-based Starwood Capital Group has paid around $100 million to acquire the 173-room Sheraton Sunnyvale in Sunnyvale located at 1100 North Mathilda Avenue, according to sources...
Lowe Enterprises Awaits Building Permits for Mixed-Use Development on Oakland’s Auto Row
By Jacob Bourne
Four land parcels within the Broadway Valdez District Specific Plan in Oakland are currently being used for a restaurant, auto shop, two single family homes and a...
Zapolski Real Estate Dives In, Spearheads $500MM Worth of Investment in Downtown Napa
By Meghan Hall
Napa Valley, and in particular downtown Napa, has opened itself up to development in recent years. In 2018, 39 new and expanding business were completed and opened...
CalPERS Allocates $1.75B of New Capital to Bay Area-Based Real Estate Managers
By Jon Peterson
Looking to expand its allocation of investment funds across a number of real estate asset classes, California Public Employees Retirement System (CalPERS) has approved new commitments with...
Q&A with JLL’s Ben Lazzareschi on San Francisco Retail
Veteran broker Ben Lazzareschi recently became the latest expert to join JLL’s growing retail team (now eight strong and led by Jeff Badstubner) in San Francisco. We asked Ben...
Paragon Commercial Group Sells Bay Area In-N-Out Burger Ground Lease for $6.925MM
SAN JOSE, Calif. (January 29, 2019) – Paragon Commercial Group, LLC (Paragon), one of California’s most prolific retail development firms, has completed the sale of a rare In-N-Out Burger ground lease...
New York Life Buys San Mateo Office Park for $49MM
Bridgepointe Office Park, a 130,000 square foot office complex in San Mateo built in 1982 has reportedly sold to New York Life Real Estate Investors for $49 million, or...
Santa Clara County Second to only San Francisco in Property Assessment Annual Percent Growth
By Jacob Bourne
The Santa Clara County Assessor’s 2016-2017 Annual Report released this summer showed the year’s economic growth to be on par with the steep upward gains of the...
Swig and Project Frog Partnership Born Out of Need for Innovative, Sustainable Office Space
By Robert Carlsen
What began as a ground-floor overhaul to prep a new tenant space in a classic South of Market commercial building turned into a "living laboratory" complete with...
