CIM Puts Uptown Station in Oakland Back on the Market, Seeking Pricing at ~$420MM
By Jon Peterson
Los Angeles-based CIM Group is again attempting to sell the 396,808 square-foot Uptown Station office building in Oakland after Blackstone walked away from the purchase in April of...
Sand Hill Extends its Reach in Palo Alto’s Tony Stanford Research Park
By Nancy Amdur
Sand Hill Property Co. scooped up more pieces of Palo Alto’s desirable Stanford Research Park with the recent acquisition of an office building on Hanover Street and...
Hudson Pacific CIO and EVP Resign to Form Own Company
LOS ANGELES--Hudson Pacific Properties, Inc. (“Hudson Pacific”) (NYSE: HPP) today announced that Chief Investment Officer Alexander Vouvalides and Executive Vice President Joshua Hatfield have resigned. Vouvalides and Hatfield are...
Salesforce Buys Historic Asset Across from San Francisco Headquarters for ~$145.6MM
By Meghan Hall
Salesforce is continuing its San Francisco expansion, buying up commercial property in San Francisco even as businesses remain shuttered. In a transaction that closed in the middle...
Hines Acquires 249-Unit Multifamily Asset in San Jose for $117.5MM
(Editor's Note: According to public property records, the sales price was $117.5 million, or approximately $471,887 per unit. The seller was an entity affiliated with The Hanover Company.)(SAN JOSE,...
KKR To Acquire The Bay Club Company
Landmark California Company Bridges Gap Between Fitness and Hospitality
NEW YORK & SAN FRANCISCO (July 26, 2018) — KKR, a leading global investment firm, and The Bay Club Company (“Bay...
Synapse Development and AQARAT Buy 944 Market in San Francisco for $33MM
New York-based Synapse Development Group, a real estate investment and development firm, along with with its joint venture partner, the Kuwait real estate company AQARAT, acquired the nearly 43,000...
Han’s Holdings Group Sells Hilton San Jose for $117.55MM
(EDITOR'S NOTE: The price per room was just over $333,000. The buyer of the property was Chicago-based GEM Realty Capital, according to public records filed with the county.)
SAN FRANCISCO...
Jay Paul Co. Spends $85MM for Fully-Entitled Development Site in Sunnyvale’s Peery Park
By Meghan Hall
Jay Paul Company, the developer behind some of the Bay Area’s largest office projects, including Moffett Towers and Cityview Plaza, has added to its Bay Area portfolio...
Jay Paul’s Harbor View Project in Redwood City Faces Disproval and Praise from Residents
https://player.vimeo.com/video/112608270
By Michael Hopek
A 1.3 million square foot office proposal aims to expand Redwood City’s burgeoning technology sector by increasing its office inventory by over one-fifth its current size. San...
