Lumentum Pays $54MM to Buy Vacant Ridder Park Technology Park in San Jose
By Jon Peterson
San Jose-based Lumentum Operations LLC, a wholly-owned subsidiary of Lumentum Holdings, has paid $54 million, or around $226 per square foot, to acquire the empty Ridder...
Invesco Launches A Private, Accredited Investor Debt Fund for Commercial Real Estate Assets
New private markets offering provides accredited investors greater access to private real estate credit investments
DALLAS, TX June 29, 2023 – Invesco Real Estate today announced the launch of Invesco...
Wells Fargo Lists 550 California in San Francisco for Sale, Seeking $160MM
By Vladimir Bosanac
Wells Fargo, one of San Francisco’s most notable financial institutions, has been evaluating its footprint across the region, recently. The bank just decided to extend a 620,000 square...
Swift Recapitalizes Concord Buildings for $146MM
By Jon Peterson
San Francisco-based Swift Real Estate Partners has recapitalized two office buildings and a garage in Concord in the Swift Plaza office complex with Partners Group, a Baar,...
Gen Z’s Experiential Engagement
By Bekka Wiedenmeyer
Generation Z will soon grow to be the largest generation, surpassing Millennials and accounting for approximately 32 percent of the world’s population. As this generation of consumers...
$54MM Hotel Sale in San Jose Shows Industry Movement
By Meghan Hall
Hotel sales, particularly in Silicon Valley, are beginning to pick up as the industry anticipates a return to leisure and business travel. In a deal that closed...
CalPERS Remains Focused on San Francisco as It Searches for New Transitional Managers
By Jon Peterson
California Public Employees Retirement System will be hiring new separate account real estate managers that will be making the San Francisco Bay Area as one of its...
MBK Senior Living Acquires 9 Communites for $382MM, 4 in Northern California
IRVINE, Calif., July 6, 2018 - MBK Senior Living (MSL) announces the close of escrow on nine new senior living communities located in California, Washington and Arizona. This acquisition...
CBRE Investors Buy Milpitas’ Murphy Crossing
By Jon Peterson
Los Angeles-based CBRE Global Investors has acquired the Murphy Crossing office and research and development campus in Milpitas from San Francisco-based Spear Street Capital.
The company paid $262 a...
Trammell Crow Buys San Jose Industrial Asset for $51.5MM
Trammell Crow, the Dallas, Texas-based developer that is under way in constructing its mega development steps from San Jose’s Diridon Station, is continuing to assemble property in the vicinity...
