DivcoWest and CalSTRS Buy 49% Interest in 199 Fremont in San Francisco for $186.2MM
By Jon Peterson
DivcoWest Properties and the California State Teachers Retirement System (CalSTRS) have purchased a 49 percent interest in the office building in San Francisco located at 199 Fremont....
BioMed: New South San Francisco Properties’ Yield Approaches 10 Percent
By Jon Peterson
San Diego-based BioMed Realty Trust anticipates higher than 9 percent cash-on-cash initial return from its $298 million South San Francisco acquisition of two life-science properties.
Kent Griffin, president...
Allrise Capital Acquires Mixed-Use Portfolio in San Francisco & Berkeley with $500MM Developable Value
Allrise Capital today announced that it has gained full control of a portfolio of mixed-use real estate properties and sites in San Francisco and Berkeley through the acquisition of...
Hudson Pacific Sells 222 Kearny to LBA Realty for $51.8MM
By Jon Peterson
Los Angeles-based Hudson Pacific Properties has sold the 148,797 square foot 222 Kearny Street office building in San Francisco for $51.8 million or $348 per square foot...
TechView: Stessa Helps Smaller Multifamily Investors Automate Portfolio Management
By Meghan Hall
As prices for single-family homes continue to skyrocket in rapidly growing metropolitan areas near cities like San Francisco and Seattle, more people are renting, contributing to the...
Beacon Capital to Test the Market in San Francisco With Sale of 888 Brannan
By Jon Peterson
Boston-based Beacon Capital Partners will test the office building sales market in San Francisco as it has plans to bring to market for sale the 445,395 square...
CalPERS Study Notes $6.5 Billion Invested in California Real Estate
By Robert Carlsen
Though economic activity generated by retirement benefits paid by the California Public Employees Retirement System remained flat compared to the last CalPERS Economic Impact study—$30.4 billion in...
Roche Molecular Systems Buys Santa Clara’s Central Campus Office Park for $140.5MM
By Meghan Hall
In a move that could signify future expansion, Roche Molecular Systems has purchased the five building Central Campus office park in Santa Clara, Calif., for $140,475,500, or...
NorthMarq Secures $12.25MM Fannie Mae Loan for 47-Unit Maya Apartments in Oakland
SAN DIEGO – Aaron Beck, vice president of NorthMarq’s San Diego regional office, arranged a $12.25 million refinance of a newly developed mixed-use property located in Oakland, California. The financing was...
900 Front in San Francisco up for Sale, Seeking Pricing in the Range of...
By Jon Peterson
The current owner of the ground lease property located by San Francisco’s Embarcadero at 900 Front Street has put the office building up for sale. The potential...
