Bay Area’s Life Science Sector Continues to Grow, And So Do Developments
By Michele Chandler
Expansion at venerable life sciences companies and ambitious startups alike is translating to growth of offices tailored for the flourishing biotech sector, according to statistics from the...
Paramount Group Pays $80MM to Increase Ownership Stake in 50 Beale Street
By Jon Peterson
New York City-based The Paramount Group has completed an $80 million equity investment to increase its ownership stake from 3.1 percent to 31.1 percent in the 661,000...
McNellis: The Only Free Cheese is in a Mouse Trap
By John McNellis
I had the following conversation with a broker a couple days ago. While not verbatim, it is true.
The phone rings.
“John McNellis.”
“Hey, John, it’s Joe Smith. How you...
CBRE Global Investors to Pay $610MM to Buy Office Building in Santa Clara
By Jon Peterson
Los Angeles-based CBRE Global Investors will be paying $610 million to buy 940,000 square feet of office buildings located at 3333 Scott Blvd. in Santa Clara, as...
Google Makes Another Mountain View Purchase, This Time for $30MM
By Vladimir Bosanac
Google continued its insatiable appetite for Silicon Valley real estate earlier this month with another purchase in its home town, Mountain View. The internet juggernaut acquired the...
WeWork Is Taking Three Floors in Salesforce Tower & Salesforce Takes Six Additional Floors
By Vladimir Bosanac
According to sources that track the leasing information in the city of San Francisco, WeWork, the New York-based co-working and shared office space leader, is finalizing the...
DCT Buys Industrial Building in Hayward for $11.1MM
By Jon Peterson
Denver-based DCT Industrial Trust has paid $11.1 million to acquire a 73,000 square foot industrial building in Hayward located at 3536 Arden Road, as stated by the...
Federal Realty Buys Retail Asset on Fourth Street in Berkeley for $23.9MM
By Jon Peterson
Federal Realty Investment Trust has acquired a 71,000 square foot retail property located on Fourth Street in Berkeley for $23.9 million, or roughly $336 per square foot,...
Airbnb Inks Largest Lease of 2017 with 287,000 SQFT at Zynga Building in San...
By Vladimir Bosanac
In a deal that had been the topic of discussions for months, San Francisco-based Airbnb, the online vacation rental booking platform just signed a lease to occupy...
TH Real Estate Provides Debt for Real Estate in San Francisco and Seattle
By Jon Peterson
TH Real Estate, an affiliate asset manager of Nuveen, has provided debt for some significant debt transactions in both the San Francisco Bay Area and Seattle.
The lender...
