Tuesday, January 22, 2019
Tarlton Properties, Principal Real Estate Investors, Amneal Pharmaceuticals, Menlo Park, Silicon Valley, East Bay, CBRE, Newport Beach

Tarlton Expands Into the East Bay With Acquisition of Four Life Science Buildings...

(EDITOR’S NOTE: According to a statement by the seller’s broker, the properties sold for $26.4 million, or around $222 per square foot.) Tarlton and Principal Real Estate Investors buy four...
Silicon Valley, Cityview, Tilden Properties, San Jose, Foundry Commons, Marcus & Millichap, Institutional Property Advisors

Foundry Commons in San Jose Sells for $110.25MM

SAN JOSE, Calif., Jan. 14, 2019 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Foundry Commons, a recently constructed,...
PGIM Real Estate, San Francisco, Ellis Partners, Eastdil Secured, Liberty Mutual, Glass Lewis, Solomon Cordwell Buenz, Sojern, Skidmore Owings & Merrill, Starbucks, Polidev Investments, Newmark Knight Frank

PGIM Places 255 California in San Francisco up for Sale, Price Could Reach $160MM

 By Jon Peterson PGIM Real Estate has placed on the market for sale the 183,000 square foot office building in San Francisco’s Financial District located at 255 California Street. The...
Irvine, WNC, Community Preservation Partners, San Jose, Clark Realty Capital, Target, Chinese Cultural Garden, Independence High School, Walgreens

Community Preservation Partners Buys San Jose 700-Unit Apartment Complex for $370MM

By Meghan Hall A subsidiary of Irvine, Calif.-based property management company WNC Inc., Community Preservation Partners (CPP), has purchased the El Rancho Verde apartment complex, an income-restricted, affordable housing community...
BART, Fairfield, Walnut Creek, Concord, Pleasant Hill, Contra Costa, Martinez, Hidden Creek Apartments, Marcus & Millichap, IPA, Institutional Property Advisors East Bay Salvatore Saglimbeni

Hidden Creek Apartments in Martinez Trades for $47.5MM

MARTINEZ, Calif., Jan. 11, 2019 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Hidden Creek Apartments, a 168-unit multifamily...
San Francisco, Prologis, Potrero Business Center, CBRE, Cesar Chavez Street, Switzerland, Industrial Asset

Prologis Pays $62.5MM for Industrial Asset in San Francisco

 By Jon Peterson San Francisco-based Prologis has acquired the 135,116 square foot Potrero Business Center industrial/office asset in San Francisco for $62.5 million, or just over $462 per square foot,...
Sand Hill Property, San Jose, El Paseo de Saratoga Mall, Terramar Retail Centers, David Taxin, Meacham Oppenheimer, Metropolitan Life Insurance, PeterPau, Vallco Mall, REI, Peet’s Coffee

Sand Hill Property Buys San Jose’s El Paseo de Saratoga Mall for $146.6MM

By Meghan Hall Over the course of 2018, San Jose was a hotbed of sales and development activity, and that trend has continued into the new year. Developer Sand Hill...
Carmel Partners, San Francisco Bay Area, Southern California, New York, Seattle, Denver, Washington D.C., Honolulu, Fund 7

Carmel Partners Closes Fund 7 at $1.28 Billion

SAN FRANCISCO (Jan. 9, 2019) - Carmel Partners ("Carmel"), announced today the final close of Carmel Partners Investment Fund 7, its U.S. multifamily real estate value creation fund. Fund...
San Francisco, Polidev Investments, CBRE, Minted, Funding Circle, Jackson Square, California Street, Front Street

747 Front Street in San Francisco on the Market, Looking to Fetch at Least...

By Jon Peterson The 85,423 square foot, Class A creative office building located in the San Francisco Jackson Square neighborhood at 747 Front Street is now on the market for...
Polidev Investments, San Francisco, CBRE, Lincoln Property Company, Rockwood Capital, California Street, Pine, California

351 California in San Francisco up for Sale with Potential Pricing of at Least...

By Jon Peterson Turkish Polidev Investments has made the decision to place on the market for sale the 145,303 square foot, historic 351 California Street office building located in San...