Sunday, December 16, 2018
SK Hynix America, San José, Santa Clara, San José Mercury News, Silicon Valley, Santa Clara Convention Center, Cisco, Apple, Bay Area

South Korea-Based SK Hynix America Buys 11-Acres for $31MM in San José

 By Meghan Hall SK Hynix America solutions, considered one of the world’s largest semiconductor suppliers, has snapped up 11-acres of land located right next to its San José office located...
San Francisco, Hanson Bridgett, SOMA, Transferable Development Rights, Caltrain, Rincon Hill, San Francisco Board of Supervisors

San Francisco Officially Passes its Long Awaited Central SOMA Plan

By M. Brett Gladstone, Esq., Partner, Hanson Bridgett LLP, San Francisco . On December 4, 2018, the San Francisco Board of Supervisors (on its second and final reading) approved the...
Maxar Technologies, Palo Alto, Northern California

Maxar Technologies Sells Palo Alto Asset for $70MM

WESTMINSTER, CO, Dec. 6, 2018 - Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a global technology innovator powering the new space economy, today announced it has completed the sale of its Building 1...
LEED, Clorox, Real Estate Partners Americas II Fund, Oakland, 1221 City Center, KKR, TMG Partners, Bay Area

TMG Partners & KKR Acquire 1221 City Center in Oakland for $253.5MM

(EDITOR'S NOTE: According to public documents, the asset was purchased for $253,542,500, or just over $485 per square foot.) TMG and KKR partner on second Oakland-based transaction in 2018 SAN FRANCISCO/OAKLAND...
Barry Slatt Mortgage, Romel Enterprises, San Mateo, California, CMBS, Loan

Barry Slatt Mortgage Funds $75MM Loan for San Mateo Office Asset

Barry Slatt Mortgage CEO, Daniel Friedeberg, along with Vice President Kelvin Lam, and Jason Wang recently closed a $75,000,000 permanent loan on a Class A office building, owned by...
SRS Real Estate Partners, College Square, Stockton, Hobby Lobby and Planet Fitness, Wienerschnitzel, Outback Steakhouse, Target, Sherwood Mall, Macy’s, Best Buy, Petco, San Joaquin Delta College, San Francisco, Silicon Valley

SRS Completes $20MM Sale of Retail Property in Stockton, CA

Newport Beach, Calif. (December 6, 2018) – SRS Real Estate Partners’ Investment Properties Group has completed the $20 million sale of College Square, a 97 percent occupied 126,098-square-foot community...
Verakin Group, Contrarian Capital Management, Ridge Capital Investors, Bentall Kennedy, CBRE, East Bay, Oakland, Latham Square, Verajoy Capital, Redwood City, Sansome Street Advisors, San Francisco

Sansome Street Advisors and Verajoy Pay $61.5MM to Buy Latham Square in Oakland

By Jon Peterson San Francisco-based Sansome Street Advisors and its Redwood City-based equity partner, Verajoy Capital, have together acquired the 116,056 square foot Latham Square office building in Oakland for...
HFF, Sonoma, Rohnert Park, Atherton, Brewster Ames, Tivoli Gardens, Lancaster Arms, Colorado, California, Rohnert Park SMART

Four-Property Residential Portfolio in Sonoma County Sells for $41MM

SAN FRANCISCO, CA, December 6, 2018 – HFF announces the $41.05 million sale of a four-property multi-housing portfolio totaling 201 units in the Sonoma County community of Rohnert Park,...
San Francisco, San José, Redwood City, Oracle, Box, Electronic Arts, Shutterfly, Bay Area, Menlo Park, Acclaim, DES Architects, Square Mile Capital Management

Speculative Office Development in Redwood City Secures $65.7MM Funding & Breaks Ground

By Meghan Hall Located strategically right in between San Francisco and San José, Redwood City has quickly become a major hub for companies such as Oracle, Box, Electronic Arts and...
video

UCLA Anderson Forecast Sees the Downshift to Slower Growth

LOS ANGELES, Dec. 5, 2018 - UCLA Anderson Forecast's final quarterly report for 2018 indicates that the economy is in the process of downshifting from 3% growth in real...