CBRE Raises $616MM for New Development Fund, Includes Industrial Asset in San Jose
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...
All Eyes on Sunnyvale Town Center’s Sale Price and Next Chapter
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...
Brookfield Asset Management to Buy Towers @ 2nd in San Jose for $128MM
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 REIT III Snaps Up Downtown San Jose Office Building for $117MM
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 Multifamily Portfolio Trades for $24.7MM
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
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 Transforming With Office, Residential Projects Coming Online
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
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,...
Carlyle Realty and Bascom Group Make $45MM Emeryville Apartment Purchase
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...
Mixed-Use SOMA Property Sells for $4.5MM
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.
