Finance
Roseville Approves $580,000 Sale of Former Courthouse Site to Eden Housing for Senior Apartments
Roseville has handed a second developer a chance to build affordable senior housing on a downtown lot that has sat empty for more...
WareSpace Pays $16MM for 64,000 SQFT South San Francisco Industrial Building, Plans 86 Micro-Bay Suites
WareSpace has entered the Bay Area with a $16.05 million purchase of a 1965 warehouse at 161 Starlite St. in South San Francisco,...
Shovel-Ready 174-Unit Grove Project in Oroville Listed for $3.4MM
A fully entitled apartment development in Butte County has hit the market at a price that hands a buyer construction-ready plans for well...
TMG Partners, KKR Buy Vacant 435K SQFT Skyport Plaza in San Jose for $75.5MM, Sign 30-Year Lease with Santa Clara County
Two empty office towers in North San Jose formerly occupied by Qualcomm have found a buyer and a tenant at the same time....
Cannae Partners Acquires Vacant 33,000 SQFT Lab Building at 1155 Bryant in San Francisco for $8.4MM
San Francisco investor Cannae Partners scooped up the vacant, lab-equipped 1155 Bryant St. in Showplace Square for roughly $8.4 million, a 54 percent...
JLL Names Capital Markets Chief Mark Gibson Its First U.S. Country CEO, Taps Kevin MacKenzie as Successor
JLL has elevated Mark Gibson, the former HFF chief who has run its Americas capital markets business for seven years, into a newly...
Community Development Partners Starts Construction on $59MM, 92-Unit Canvas Affordable Housing in Downtown Fremont
Community Development Partners has started construction on Canvas, a five-story, 92-unit affordable community at 39340 Fremont Boulevard that pairs a 4 percent tax...
Palo Alto Class B Office Trades Top $500 Per SQFT Even as Submarket Vacancy Barely Moves
Palo Alto's office vacancy improved just 10 basis points over the past year, trailing neighboring submarkets, yet institutional buyers frequently paid more than...
EQT Clinches San Francisco’s Stockbridge in Deal Worth Up to $550MM, Absorbing $16.5B in Fee-Earning Real Estate AUM
Swedish investment giant EQT AB has agreed to buy San Francisco-based Stockbridge for $375 million in cash plus up to $175 million in...
CMBS Investors Take Total Loss on $48MM Loan as 103,000 SQFT of San Francisco’s 1155 Market Sells for $8MM
The $48 million CMBS loan on the lower eight floors of 1155 Market Street has been liquidated with nothing returned to principal, after...
Sacramento Office Vacancy Holds at 11% as Leasing Slows and Asking Rents Slip
Sacramento's office market kept direct vacancy at 11.0 percent in the third quarter despite slightly negative absorption, as state agency consolidation, cautious private...
Kennedy Wilson Buys 312-Unit One South Market Tower in Downtown San Jose for $176MM
One South Market sold at about 46.5 percent above Marcus & Millichap’s South Bay average per-unit price, while Yardi Matrix reports that only...
