San Leandro, Dermody Properties, JLL, Oakland, San Jose, Bay Area

Dermody Acquires a 90,725 SQFT Industrial Building in San Leandro for $16.7MM

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(EDITOR’S NOTE: According to sources with knowledge of the transaction, the sale closed at $16.7 million.) Rare in-fill opportunity located in the East Bay’s core industrial market with easy access to...
Applied Materials, 545 Oakmead, Ascent Real Estate Advisors, Sunnyvale, Graymark Capital, CBRE, Kidder Mathews

Applied Materials Continues Silicon Valley Buying Binge, Spends $46.6MM on Sunnyvale R&D Asset

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By Meghan Hall Applied Materials’ Bay Area expansion has occurred at a rapid pace, and post pandemic the engineering solutions firm has worked to grow its real estate holdings in...
GPR Ventures, Sacramento, Reno, CBRE, Roseville

GPR Ventures Completes Acquisition in Sacramento and Reno for $5.06MM

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(EDITOR’S NOTE: According to sources with direct knowledge of the transaction details, the two properties sold for a total of $5,060,000. The purchase price for 6910 Luther Drive, Sacramento was...
Visalia, Central Valley, CBRE, VF Corporation, Los Angeles, Bay Area, Sacramento, San Francisco

Institutional Owner Places Industrial Asset in Central Valley on the Market, Guidance Pricing of...

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By Jon Peterson An un-named institutional owner has put on the market for sale the 817,000 square industrial property in the Central Valley located in Visalia at 2525 North Plaza...
The Plaza Suites Hotel, Santa Clara, Paradigm Hotels, Peninsular Investments, Hilton, IHG, Virgin Hotels, Hyatt,

The Plaza Suites Hotel in Santa Clara Trades for $72.5MM

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By Meghan Hall Investment continues into Bay Area properties, even into the struggling hotel sector. In a deal that closed this week, Santa Clara’s The Plaza Suites Hotel was purchased...
Windy Hill Property Ventures, Hacienda Terrace, Pleasanton, Embarcadero Capital Partners, Eastdil Secured

Spieker Keech Buys the Hacienda Terrace Office Asset in Pleasanton for $51MM

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By Jon Peterson A joint venture of Spieker Investments and Keech Properties has closed on the acquisition of Hacienda Terrace, a 302,000 square foot office property, in Pleasanton. The purchase...
Nome Capital Partners, Sacramento, California Department of Consumer Affairs, Newmark

Nome Capital Buys Sacramento Office Asset for $57MM

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By Jon Peterson Milpitas-based Nome Capital Partners has purchased the 315,372 square foot 1625 and 1747 North Market Boulevard office asset in Sacramento. The purchase price was $57.5 million, as stated...
San Francisco, DPW Real Estate Investments, TRA Investments, Marcus & Millichap, Paramount Property Company, 2001 Van Ness

DPW and TRA Buy 2001 Van Ness in San Francisco for $12MM

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By Jon Peterson A joint venture between DPW Real Estate Investments and TRA Investments has come together to acquire the 40,000 square foot mixed-use building in San Francisco located at...
CBRE, Sunnyvale, Graymark Capital, Ascent Real Estate Advisors, Applied Materials

Applied Materials Buys Sunnyvale Office Buildings for $34.3MM

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(EDITOR’S NOTE: According to sources familiar with the transaction, the property sold for $34.4 million, or about $384 per square foot.) SAN JOSE, Calif. -- CBRE Capital Markets has arranged the...
Microsoft, LBA Realty, Lumileds, Northtown, San Jose, 227 Industrial Center,

Microsoft Buys ~22-Acre Development Site in San Jose for $78.7MM

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By Meghan Hall Major tech companies are continuing to plan ahead, buying chunks of property that will accommodate their long-term goals. In a deal that closed just yesterday, Microsoft acquired...

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