Concord Asset Sells for the Third Time in Six Years for $63.5MM
By Jon Peterson
PGIM Real Estate has sold the 347,129 square foot Concord Corporate Centre in Concord for $63.5 million, or approximately $183 per square foot, according to public records....
Two Industry Experts Offer Best Practices for CRE Investors During Tax Season
By Meghan Hall
Taxes can be tricky for anyone to navigate and particularly stressful when saved for the last minute. And, with recent changes to...
Lennar Continues Bay Area Expansion with $25MM Milpitas Buy
Miami-based builder Lennar Corp. is further entrenching itself into the Bay Area by taking a development site in Milpitas for a reported $25 million.
Danville-based Trumark Homes was the seller...
Federal Realty Breaks Ground on $200MM+ Santana Row Development in San Jose
Federal Realty Investment Trust will start today the construction on 700 Santana Row, a 284,000 square-foot office building in one of Silicon Valley’s most recognized mixed-use neighborhoods in San...
Jamestown Buys 660 Market in San Francisco for ~$40MM
(EDITOR’S NOTE: According to sources who track commercial building sales in San Francisco, the sale price was around $40 million, or around $996 per square foot.)
JLL completes sale of...
San Francisco Developer oWow Plans $40MM Apartment Project at 2400 Filbert in Oakland
By Jon Peterson
San Francisco-based developer oWow is planning to kick off a $40 million, 122-unit apartment project in Oakland located at 2400 Filbert Street, according to sources familiar with the...
Portfolio of Four Properties in Sunnyvale’s Peery Park District Bought for $165MM
By Meghan Hall
Four properties at the heart of Sunnyvale’s Peery Park have been purchased in a joint venture between Oakland, Calif.-based Harvest Properties...
Chinese Investors Still Seeking West Coast Assets Despite Hurdles
By Jacob Bourne
According to a February news report by Realogics Sotheby’s International Realty, at the end of 2016, China’s State Administration of Foreign Exchange tightened controls on capital exiting...
Airbnb to Pay Zynga $167.7MM Over 9 Years for Building Lease in San Francisco
By Vladimir Bosanac
San Francisco-based Airbnb, the online vacation rental booking platform that signed a nine-year, 287,000 square-foot lease at Zynga’s headquarters buildings earlier this year, will be paying the...
San Jose’s Riverpark Towers Close for $283.5MM
By Vladimir Bosanac
The Riverpark Towers in downtown San Jose, a two-building property measuring just over 600,000 square feet, closed yesterday for $283.5 million or $473 per square foot, according...
