Pension Fund Blesses Millions in Real Estate Investments

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Jon Peterson The California State Teachers’ Retirement System has approved $665 million worth of real property purchases, the vast majority—all but $140 million—aimed at the least risky segment of the...

CalPERS Reconfigures Huge Industrial Portfolio

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Jon PetersonIn December, the California Public Employees' Retirement System replaced longtime partners LaSalle Investment Management as the overseer of nearly $2 billion in industrial real estate. All but $60 million...

SF Market Street Building Near Twitter Up For Grabs

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Jon Peterson The California State Compensation Insurance Fund has put its downtown San Francisco headquarters up for sale. The 1275 Market St. property is next door to the proposed headquarters...

Bay Area Retail Leads National Recovery

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Sharon Simonson San Francisco and the South Bay are among the top 10 healthiest retail markets in the nation, according to a new report from ChainLinks Retail Advisors, a network...

CalSTRS Allocates $400M to Senior Housing and Industrial

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By Jon Peterson The California State Teachers’ Retirement System is going long on the old. The second-largest public employee retirement plan in the country expects to invest an additional $100 million...

Caltrain Slides Closer To Big Service Cuts

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By Sharon Simonson The Caltrain governing board is expected to declare a fiscal emergency for the beleaguered commuter-rail service at a March 3 board meeting. Such a declaration would allow...

CalPERS Recommits to Real Estate

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By Jon Peterson CalPERS could invest as much as $1.5 billion in commercial real estate next year, up from a fraction of that sum in the previous 12 months as...

BRE Apartments Building, Buying

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By Sharon Simonson San Francisco-based apartment owner BRE Properties Inc. told analysts it did not expect to buy nearly as much in 2011 as it did last year because prices...

Industrial Giant To Span Globe, Bay Area

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By Sharon Simonson The merged AMB Property Corp. and ProLogis company would own and manage close to 19 million square feet of Bay Area industrial property, according to research from...

Capmark Puts Silicon Valley Office Portfolio on the Market

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By Jon Peterson Horsham, Penn.,-based Capmark Financial Group Inc. is selling a portfolio of eight Silicon Valley office and research and development buildings that it took back from a borrower...