CBRE Global Investors, Trammell Crow Company, San Jose, Development Partners 5, Dallas, Denver, Phoenix, Portland, Washington D.C.

CBRE Raises $616MM for New Development Fund, Includes Industrial Asset in San Jose

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By Jon Peterson Los Angeles-based CBRE Global Investors has concluded its final capital raise on its CBRE U.S. Development Partners 5 fund with a...
Sunnyvale Town Center, J.P. Morgan, Bay Area, Sares Regis, Hunter Properties, Wells Fargo Bank, Menlo Park, Sand Hill Property Company

All Eyes on Sunnyvale Town Center’s Sale Price and Next Chapter

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After a lively discussion in the Sunnyvale City Council chambers, the city’s elders voted to acknowledge that the proposed development team comprised of J.P. Morgan, Sares Regis and Hunter...
San Jose, Brookfield Asset Management, Towers @ 2nd, Brookfield Strategic Real Estate Partners II, Invesco Real Estate, Emeryville, Harvest Properties, Foster City, SteelWave, WeWork, CBRE

Brookfield Asset Management to Buy Towers @ 2nd in San Jose for $128MM

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By Vladimir Bosanac As the city of San Jose continues to gain real estate traction, another deal for a two-building complex totaling 411,000 square feet is in the process of...
KBS Real Estate Investment Trust III, Newport Beach, Ten Almaden, BPM, San Jose International Airport, KBS, Cushman & Wakefield, KBS Capital ADvisors, KBS Realty Advisors, KBS Real Estate Investment Trusts

KBS REIT III Snaps Up Downtown San Jose Office Building for $117MM

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By Nancy Amdur KBS Real Estate Investment Trust III gained a prime Silicon Valley property with its recent purchase of the 16-story Class-A office tower Ten Almaden in downtown San...
Santa Clara, Marcus & Millichap, Silicon Valley, San Francisco, Bay Area

Santa Clara Multifamily Portfolio Trades for $24.7MM

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SANTA CLARA, Calif., (June 22, 2020) – Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial...

Hines Selling Three San Mateo Buildings

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By Jon Peterson Houston-based Hines Real Estate Investment Trust Inc. has put a three-building San Mateo office complex on the block. The sale will test investor demand for Peninsula office space...
San Mateo, Station Park Green, Essex Property Trust, EBL&S Development, Hines, Concar, Bay Meadows, Wilson Meany, Peninsula, real estate

San Mateo Transforming With Office, Residential Projects Coming Online

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By Nancy Amdur A wave of new office and residential space is heading toward San Mateo with two significant development projects planned near the Hayward Park Caltrain station and other...

Retail Opportunity Investments Beefs up Bay Area Portfolio with $140.5MM in Retail Deals

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By Jon Peterson San Diego-based Retail Opportunity Investments Corporation (ROIC) has had a recent surge of investments in shopping center investments in the San Francisco Bay Area totaling $140.5 million,...
Emeryville, Bridgecourt Apartments, Bascom Group, Colliers International, CBRE, California Bank & Trust, Pixar Animation Studios

Carlyle Realty and Bascom Group Make $45MM Emeryville Apartment Purchase

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Irvine-based The Bascom Group, in partnership with an investment by Carlyle Realty Partners, acquired Emeryville’s 220-unit Bridgecourt Apartments for a reported $205,000 per unit or a total of $45.1...
San Francisco, NAI Northern California, Starcity, Mission Bay, SoMa

Mixed-Use SOMA Property Sells for $4.5MM

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Closing in just 21 days in the midst of a pandemic, this pair of mixed-use buildings in San Francisco’s SOMA neighborhood sold for $4.5 million.

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