LaSalle Buys Third San Francisco Hotel—This Month

By Jon Peterson Bethesda, Md., -based LaSalle Hotel Properties has bought its third San Francisco hotel in less than 30 days with the purchase of the 236-room Serrano Hotel at...

Swift Realty Buys Sunnyvale Shine

By Jon Peterson San Francisco-based Swift Realty Partners has paid approximately $30 million, or $183.50 a square foot, to buy two empty Borregas Avenue buildings in Sunnyvale’s rapidly transforming Moffett...

Cornerstone Selling Second San Francisco Office Building

By Jon Peterson Hartford, Conn., -based Cornerstone Real Estate Advisers has put San Francisco’s 201 Spear St. on the market; it is the second large office building in the city’s...
Marcus & Millichap Capital Corp, Silicon Valley, Bay Area, Marcus & Millichap, Santa Clara, San Jose, San Francisco

Divco Plans $260MM Purchase of South Bay, Peninsula Buildings

By Jon Peterson San Francisco-based Divco West Properties is eyeballing a $260 million investment in multiple Silicon Valley and Peninsula buildings including three in San Mateo, two in San Jose...
San Francisco Employees' Retirement System, Downtown Properties, Gaw Capital Partners, Downtown Properties, San Francisco real estate, Bay Area news

Swift Realty Fundraising Reaches Capital Benchmark

By Sharon Simonson San Francisco-based Swift Realty Partners has secured approximately $75 million in investment commitments for its first private real estate fund, which is targeting value-add opportunities in West...
Intero, San Francisco, Bay Area, Berkshire Hathaway, HomeServices of America,

East Bay Industrial Draws Private Equity Interest

By Jon Peterson New York City-based KTR Capital Partners is on the cusp of investing more than $56 million in two East Bay industrial properties in Hayward and San Leandro. The...

Leasehold Interest in San Francisco Hotels Earn 8.5 Percent Yield

By Jon Peterson Bethesda, Md., -based LaSalle Hotel Properties has achieved an 8.5 percent capitalization rate with its purchase of leasehold interests in two downtown San Francisco hotels. According to Milwaukee,...

Essex Pays Top Dollar for Mountain View Apartments Near Google

By Jon Peterson Palo Alto-based Essex Property Trust Inc. has paid $42.5 million to acquire the Regency at Mountain View apartments at 333 Escuela Ave. in Mountain View, citing the...

Drawbridge Achieves 8.5 Percent Yield on Sonoma County Purchase

By Jon Peterson A single-tenant office complex in Santa Rosa occupied by global medical technology company Medtronic Inc. is producing an 8.5 percent return for San Francisco-based Drawbridge Realty Trust. “This...

San Francisco’s BRE Properties Subject of Purchase Offer

By Sharon Simonson Connecticut-based real estate investment advisor and shareholder Land and Buildings is seeking to acquire San Francisco-based apartment landlord BRE Properties Inc., offering $60 a share, a 16...