Broker: Valley Shopping Center May Sell Below 5 Percent Yield

By Jon Peterson A Mountain View shopping center developed in 2006 that is a stone’s throw from Google Inc.’s campus may trade based on a yield of 5 percent or...

Clarion Accepts 5 Percent Yield on San Francisco Purchases

By Jon Peterson New York City-based Clarion Partners expects to achieve a 5 percent going-in yield on the two Class A office acquisitions it has just completed in San Francisco. But...

Orchard Partners Explores Midwest, East Coast Industrial

By Sharon Simonson Lafayette-based Orchard Partners LLC continues to grow its industrial property portfolio, buying four sites since the beginning of the year: two in Kent, Wash., near Seattle and...

Prudential Buys Redwood City’s Hotel Sofitel

By Jon Peterson Newark, N.J., -based Prudential Real Estate Investors and Chicago-based Lodging Capital Partners have formed a joint venture to acquire the 421-room Hotel Sofitel San Francisco Bay in...

East Coast Hotelier Nabs Emeryville Property

By Jon Peterson A Maryland real estate investor has acquired Emeryville’s 278-room Hilton Garden Inn at a steep discount to its top-of-market sales price in 2007 to New York City-based...

Foster City Shopping Center Nets Buyer Good Yield

By Jon Peterson A San Diego-based investment trust has achieved a 7 percent yield on a grocery-anchored shopping center in Foster City that it acquired for $17.4 million, all cash,...

Sares Regis Gains $30MM For Apartment Fund

By Jon Peterson Newport Beach-based Sares Regis Group has been awarded a $30 million commitment for the Sares Regis Western States Multifamily Fund, an endeavor led by Rob Wagner, co-founder...

Arden Sells Into Rising Market

Jon Peterson Los Angeles-based Arden Realty Inc., the commercial property arm of the General Electric Co., has placed a nine-property, central Silicon Valley office and R&D portfolio on the market...

American Realty Buys North San Jose Retail, Residential Revolution

By Jon Peterson Glendale, Calif., -based American Realty Advisors has paid $46.55 million for the @First shopping center at Highway 237 and 4180 N. First St., in San Jose’s rapidly...

TMG, Alcion Buy Beer Brewery At Half Replacement Cost

By Jon Peterson and Sharon Simonson San Francisco-based TMG Partners and its capital source, Alcion Ventures, have received six letters of intent from existing tenants looking to expand and other...