Grosvenor Acquires Orchard-Trimble Campus in North San Jose for $108.5MM
(EDITOR'S NOTE: According to public documents, the asset traded for $108.5 million, or about $496 per square foot. Grosvenor paid all cash for then property, located at 2610 Orchard...
Citadel Valley Ranch Outside of San Jose Put Up for Sale, Guidance at $25MM
By Meghan Hall
Large tracts of land in the Bay Area are hard to come by, as development in recent years has resulted in a building frenzy region-wide. However, just...
Shorenstein Makes Big Buy, Pays $235MM for San Jose Tech Hub
By Meghan Hall
The future of the office may be unclear, but major investors are betting big on Bay Area assets. In a deal that recorded just yesterday, San Francisco-based...
Realterm Logistics Spends $50.8MM to Snag Two Oakland Properties
(EDITOR’S NOTE: According to industry reporting, Realterm paid $7.8 million for 250 Hegenberger Road. The deal closed in June. In a second deal, which closed more recently, Realterm purchased...
Multifamily Comps: Levin Johnston Directs 11 Sales Worth Over $33MM Across 6 Bay Area...
BAY AREA, Calif, (August 23, 2021) – 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...
Report: Sales Prices Show Signs of Improvement in West Coast Condo Markets
By Catherine Sweeney
After a difficult year amid the COVID-19 pandemic, condominium prices across the West Coast are starting to see some signs of improvement, recent reports from Polaris Pacific...
Urban Catalyst Secures $56.2MM Construction Financing, Pulls Permits for Paseo Mixed-use Project in San...
The 100,000-Square-Foot Office and Retail Project Will Breathe New Life into the Long-Vacant Camera 12 Theater Building
SAN JOSE, Calif.--Urban Catalyst, Silicon Valley's premier Opportunity Zone Fund, today announced it has...
AIMCO Plans $47MM Development to Bring Single-Family Rentals to Marin County in Corte Madera
By Jon Peterson
As demand for housing continues unabated across the region, developers continue to look for ways to gain a foothold throughout the cities across the greater Bay Area....
Realtex Offers Fully Entitled Apartment Site in San Francisco Seeking $15MM to $17MM
By Jon Peterson
Over the past eighteen months, the Northern California multifamily market has gone through a number challenges, but the demand for housing in the region never waned. Some...
Port of Redwood City Reports Higher Fiscal Year 2020-21 Numbers
REDWOOD CITY, CALIF.— The Port of Redwood City announced that the fiscal year closed positively with $9 million in gross revenue. Property rental, leases and new business lifted the Port’s...