Santa Rosa Apartment Complex Sells for $15MM
SANTA ROSA, Calif., Jan. 23, 2019 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today...
24-Unit San Francisco Apartment Property Sells for $11MM
SAN FRANCISCO, CA, January 22, 2019 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today...
Investors Flock to San Francisco Office Deals
By Jon Peterson
Institutional investors in two San Francisco office buildings in the city’s North Financial District have agreed to accept initial yields of 5 percent or less, according to...
CalPERS Expands Real Estate Consultant Pool
By Jon Peterson
The California Public Employees’ Retirement System has more than tripled the size of a standing pool of real-estate consultants from 10 to 32, though it has not...
A Rare Opportunity to Become JLL’s Landlord in Silicon Valley
The building located at 4085 Campbell Avenue in Menlo Park is not only a rare opportunity for a real estate investor to get a piece of the white-hot Silicon...
San Jose Medical Office Sells for ~$4MM
Redwood City, January 24, 2019 – The former San Jose Dental Surgery Center, a ±7,486 RSF medical office, sold within 3% of its list price and received multiple offers....
Basin Street Properties Purchases Folsom Office Building for $31.9MM
(EDITOR’S NOTE: According to sources with knowledge of the transaction detail, the property sold for $31.9 million, or around $212 per square foot. The seller, Swift Real...
Downtown San Jose’s Greyhound Depot Sells for $39MM
Two residential towers, which were announced late last year for downtown San Jose are a step closer to reality. Cupertino-based developer KT Urban and a partner purchased the site...
Pacific Heights Apartments Sell At 3.5 Percent Yield and Below
By Jon Peterson
Two San Francisco apartment complexes in the city’s north central Pacific Heights neighborhood have sold for a total of $34 million: 2140 Pacific Ave. with 27 apartments...
Divco, TPG See South Silicon Valley Rising
| By Sharon Simonson |
With their nearly $800 million purchase of the Mission West Properties portfolio, San Francisco-based Divco West and global investment firm TPG are banking on the turnaround...
