DivcoWest is Getting Interest from Investment Firms for a Partial Stake in the Company
By Jon Peterson
San Francisco-based DivcoWest has been contacted by several firms to explore the possibility of the real estate investment firm selling a partial stake in the company. Bloomberg...
Half-Acre Development Site at 1690 Valencia in San Francisco Hits the Market
By Jon Peterson
As the commercial real estate industry in San Francisco continues in its attempt to find its footing, this may be a good year for investment into future development...
SteelWave Spends $85MM on South San Francisco Redevelopment Site
By Vladimir Bosanac
South San Francisco has been one of the Bay Area cities that has grabbed outsized attention from investors and developers in the recent past. A new deal...
The Bascom Group Acquires 236-Unit Apartment Portfolio in Fresno for $44.5MM
IRVINE, Calif. -- The Bascom Group, LLC ("Bascom") has continued their multifamily acquisition spree by acquiring two more apartment communities in the Central Valley. Casa de Luna Apartments and...
Bell Partners Buys 260-Unit Cadence in South San Francisco for $206MM
(EDITOR'S NOTE: According to sources with knowledge of the transaction details, the property traded for $206 million, or just around $792,308 per unit.)
SOUTH SAN FRANCISCO, Calif. (May 12, 2022) –...
Summit Hotel Properties Sells 169-Room Hilton Garden Inn Near San Francisco Airport for $75MM
AUSTIN, Texas -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that it has completed the previously announced disposition of the 169-guestroom Hilton Garden Inn San Francisco...
InterVenn Biosciences Signs Lease for 142,000 SQFT in South San Francisco
By Catherine Sweeney
InterVenn Biosciences is expanding its reach across South San Francisco. The company, which focuses its work on glycoprotein analysis, has recently leased a 142,000 square-foot research and...
Sacramento Retail Center Sells for $17.25MM
JLL Capital Markets closed the sale of the value-add retail center in the growing and affluent Elk Grove community
(EDITOR'S NOTE:
According to industry sources, the property is now 90...
1,072 Rooms in Three Properties Across NorCal Part of Brookfield’s $3.8B Hotel Deal with...
EDITOR’S NOTE: The West Coast properties acquired in the transaction include the following hotels:Seattle Marriott Bellevue - 384 roomsFairmont Sonoma Mission Inn & Spa - 226 roomsThe Ritz-Carlton, San Francisco...
SITE Centers Pays $103MM for Two Lafayette Retail Properties
(EDITOR'S NOTE: According to public documents, the two centers, located at 3589-3599 Mt. Diablo Blvd. and 977 Moraga Rd., were sold for $42,576,000 and $60,652,500, respectively. The buyer is...