Bay Area Retail Fractures Along New Economic Lines

By Sharon Simonson Strong merchant demand for premium Bay Area retail locations is escalating rents for newly built shop space from San Jose to San Francisco to housing-boom levels and...

Texas REIT Buys First San Francisco Hotel

By Jon Peterson Austin, Texas-based Summit Hotel Properties has moved into the San Francisco hotel market for the first time with its $60.5 million acquisition of the 252-room Holiday Inn...
One Market, San Francisco, Visa, Autodesk, Blackstone, Morgan Stanley, The Paramount Group, Bay Area news, San Francisco real estate

Paramount Group Raises Millions to Buy in San Francisco

By Jon Peterson A New York City-based real estate investor with a history of ownership in the region plans to invest as much as $250 million in equity in trophy...
Intero, San Francisco, Bay Area, Berkshire Hathaway, HomeServices of America,

Denver Industrial REIT Wants More San Francisco Bay Property

By Jon Peterson Denver-based DCT Industrial Trust has paid $30.1 million, or $89 a square foot, to acquire an Oakland industrial building at 5800 Coliseum Way, according to market research...
San Francisco real estate investment

Boston Properties Plans to Start San Francisco Office Tower Without Tenant

By Jon Peterson Boston-based office landlord Boston Properties Inc. intends to break ground in mid-February on an estimated $215 million office tower in the South of Market district of San...

Essex Buys More San Francisco Apartments

By Jon Peterson Essex Property Trust Inc. has paid $96 million, or $653,000 a unit, to acquire the Bennett Lofts complex in the South of Market Street district in San...
San Francisco, housing, Bay Area news, San Francisco real estate news, Perkins Coie, Trumark Urban, Polaris Pacific, planning commission

Avalon Bay Sells San Francisco South of Market Apartments

By Jon Peterson Arlington, Va.-based AvalonBay Communities Inc. has sold the Avalon Yerba Buena apartment property at 788 Harrison St. in San Francisco for $103 million to LaSalle Investment Management...
Prologis, Tracy, International Park of Commerce, San Francisco, San Joaquin County, Oakland, Colliers International, industrial, warehouse

Southern California Investor Buys Tracy Apartments

By Jon Peterson San Diego-based MG Properties Group has paid $25.25 million to purchase the 156-unit Waterstone Apartments in Tracy, earning a 5.8 percent capitalization rate, or first-year yield. The seller...

Martin Building Co. Plans $60MM Apartment Project in Downtown San Francisco

By Jon Peterson Martin Building Co. owner Patrick McNerney says he is in no way spooked by the fat pipeline of new apartments slated for delivery in San Francisco over...

Health Care Company Buys San Francisco Building

By Jon Peterson San Francisco-based North East Medical Services has paid $2.85 million, or $258 a square foot, to acquire the approximately 11,000-square-foot office building located at 369 Broadway St....