Mercedes-Benz and Bosch Start San José Pilot Project for Automated Ride-Hailing Service
STUTTGART, Germany and SAN JOSÉ, Calif., Dec. 9, 2019 -- Bosch and Mercedes-Benz's joint project to develop urban automated driving has now entered a new stage. Their pilot project for an app-based ride-hailing service using...
Retail Center at The Ashton in Belmont Sells for $4.47MM
(EDITOR’S NOTE: According to public records filed with the county, the property sold for $4,470,000 on November 22nd, 2019. The buyer was an entity associated with the Kim F. Hong...
Gateway at Millbrae Station Raises $335.6MM in Capital for Mixed-Use Project Development
SAN FRANCISCO, December 9, 2019 – JLL announced today that it has raised capital totaling $335.6 million for the development of Gateway at Millbrae Station, a transit-oriented, mixed-use residential and office...
Amgen Leases 240,000 SQFT at BioMed Realty’s Gateway of Pacific Campus
SAN DIEGO--BioMed Realty (“BioMed”), a leading real estate owner and operator for the life science industry, announced today that Amgen will occupy BioMed’s Gateway of Pacific campus in South...
Gateway at Millbrae Station, One of the Region’s Largest TODs, Breaks Ground
By Meghan Hall
The transformation of Milbrae’s BART Station has begun: at a groundbreaking ceremony on Wednesday, city officials, BART executives and the Republic Family of Companies gathered to break...
Schacht Aslani Architects Joins Mithun
Schacht Aslani’s 23-year practice has been focused on higher education, civic and planning projects, including a number of collaborations with Mithun. Schacht Aslani’s Seattle-based team of 19 employees is...
Mi Rancho Supermarket Expands in San Leandro with $5.33MM Purchase
(EDITOR’S NOTE: According to public documents, the transaction closed in August of 2019 for $5.33 million.)
San Francisco – December 5, 2019 – Beckett Capital announces that it has advised...
Basin Street Properties Purchases Folsom Office Building for $31.9MM
(EDITOR’S NOTE: According to sources with knowledge of the transaction detail, the property sold for $31.9 million, or around $212 per square foot. The seller, Swift Real Estate Partners,...
Downtown Los Gatos’ Northpoint Plaza Trades for $11.8MM
By Meghan Hall
Several months after hitting the market, the owners of Los Gatos’ Northpoint Plaza have closed on the sale of the Class A Property. San Jose, Calif.-based Marwood...
Brookfield Buys Mountain View Apartment Asset for $292MM
(EDITOR'S NOTE: According to public documents, the buyer of the property is Brookfield Properties, which paid $292,000,000, or $884,848 per unit, including the retail portion of the asset. The...