Finance
Apollo Takes Two-Thirds Stake in $2B, 7,059-Unit UDR Apartment Portfolio Through $1.34B Joint Venture
UDR is moving 19 apartment communities into a $2 billion joint venture in which Apollo-managed funds will invest $1.34 billion for a roughly...
PSP Investments, Nuveen Launch $790MM Grocery-Anchored Retail Venture With 19 Open-Air Centers
Canada's Public Sector Pension Investment Board and Nuveen Real Estate have launched a joint venture that has already deployed $790 million across 19...
Oberndorf Real Estate Management, The Bascom Group Acquire 117-Unit Museum Park Apartments in San Jose for $53.1MM
Oberndorf Real Estate Management is making its first California investment in more than a decade, partnering with The Bascom Group to buy Museum...
Westwood Townhouses, a 42-Unit Hayward Apartment Community, Trades for $10.65MM After Multiple Offers
Westwood Townhouses, a 1960s-era gated townhome community on Hayward's Gading Road, closed at $10.65 million after a competitive bidding process, landing about 11...
Foxconn Unit Q-Edge Buys 110,000 SQFT of Santa Clara R&D Buildings for $55MM
Foxconn unit Q-Edge bought two vacant R&D buildings on Stender Way in Santa Clara for about $55 million, or roughly $500 per square...
Sacramento Industrial Sales More Than Triple as Market Absorbs 348,000 SQFT
Sacramento's industrial market absorbed nearly 348,000 square feet in the third quarter and nudged vacancy down to 6.1 percent, while investors traded about...
View at Marin, a 254-Unit San Rafael Apartment Community, Sells in IPA-Brokered Deal
Institutional Property Advisors' Northern California team has closed the sale of View at Marin, a 254-unit garden community built in 1972 in north...
Rockpoint Puts Renovated 403,000 SQFT 100 Pine Tower on the Block in San Francisco’s Financial District
Rockpoint has tapped JLL to sell 100 Pine, the 33-story Front Street tower it bought for $287.5 million in 2017, pitching buyers a...
LVMH’s Louis Vuitton USA Buys 38,000 SQFT Former Saks Building in San Francisco’s Union Square for $48MM
The U.S. arm of LVMH’s flagship fashion house has bought the six-story former Saks men’s store at 220 Post St. for $48 million,...
Samsung Buys 68,000 SQFT R&D Building Near North San Jose Campus for $29.5MM
Samsung has bought a power-equipped R&D building near the Tasman light rail station in North San Jose as CBRE reports demand for Silicon...
Roseville Approves $580,000 Sale of Former Courthouse Site to Eden Housing for Senior Apartments
Roseville has handed a second developer a chance to build affordable senior housing on a downtown lot that has sat empty for more...
WareSpace Pays $16MM for 64,000 SQFT South San Francisco Industrial Building, Plans 86 Micro-Bay Suites
WareSpace has entered the Bay Area with a $16.05 million purchase of a 1965 warehouse at 161 Starlite St. in South San Francisco,...
