CalPERS to Beef up West Coast Apartment Portfolio with Two New Commitments Totaling $732MM
By Jon Peterson
As interest in West Coast housing properties continues, institutional-grade investors are looking for ways to increase their footprint across the coastal region. In light of that, California Public...
$31.5MM in Refinancing Procured for Newly Constructed Luxury Apartments in Berkeley
SAN FRANCISCO – CBRE has arranged $31.5 million in refinancing for Aquatic Shattuck, a newly constructed luxury apartment community in Berkeley, Calif., on behalf of the developer, R&S Investments. Andrew...
Greystar Sells U.S. Multifamily Value-Add Fund for Approximately $3.6B
(EDITOR’S NOTE: According to industry reports, the buyer of the properties is Ivanhoe Cambridge. Ivanhoe Cambridge purchased three regional properties for a combined $481.9 million. The transaction included the...
Citrine Advisors Sells Three-Building East Bay Portfolio for $27.3MM
November 10, 2021 (Oakland, CA) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced the disposition of the Citirne Advisors East Bay Office Portfolio. Dave...
Mountain View Multifamily Portfolio Sells for $31.5MM, Breaks Price-Per-Unit Record
Renovated for-rent townhome units in Silicon Valley sold for $865,000 per unit
(EDITOR'S NOTE: According to public documents, the buyer of the properties is an entity associated with Piedmont, Calif.-based...
Alexandria Continues Peninsula Acquisitions with $21MM Buy in Millbrae, Plans 578,000 SQFT Development
By Vladimir Bosanac
After selling interest in two properties in San Francisco, Pasadena, Calif.-based Alexandria Real Estate Equities is looking to quickly deploy that capital for future development in the...
701 Sutter in San Francisco on the Market with $11MM Asking Price
By Jon Peterson
While leasing and touring activity maybe slowly picking up across San Francisco, the present state of the market is beginning to affect values of some properties on the...
33,000 SQFT Vocational School in Central Valley Hits Market with $11.4MM Asking Price
By Catherine Sweeney
A 33,000 square-foot technical campus in Clovis, Calif., has hit the market with an asking price of $11.4 million, or approximately $345 per square foot. Referred to...
J&J Properties Buys Manufacturing Campus in San Jose for $64.3MM
SAN JOSE, Calif. – Nov. 9, 2021 – CBRE announced the sale of the 160,000-sq.-ft. advanced manufacturing and office campus located at 5300-5350 Hellyer Avenue in South San Jose to...
24-Unit Multifamily Community in Redwood City Sells for $15.8MM
REDWOOD CITY, Calif. – Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has announced...