Dollar General in Newman, California Sells for $3.2MM

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NEWMAN, Cali., May 21, 2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of...

Ares Management Corporation Announces Agreement to Acquire Black Creek Group

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LOS ANGELES--Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that a subsidiary of Ares has entered into a definitive agreement to acquire 100% of Black Creek Group’s U.S. real...

Workforce Housing Development Site in Vacaville Sells for $3.85MM

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(EDITOR’S NOTE: According to sources with knowledge of the transaction details, the property sold for $3.85 million.) 5-acre residential development site planned to deliver 120 workforce housing units VACAVILLE, Calif., May 19, 2021– Cushman...

Oracle Sells San Jose Asset for $155MM

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By Meghan Hall After announcing it would be relocating its headquarters to Austin, Texas, enterprise software company Oracle has sold off one of its San Jose assets. In a deal...

East Palo Alto Retail Center Trades for $53MM

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JLL Capital Markets completed the sale of East Palo Alto retail center leased to resilient investment-grade tenants LOS ANGELES, May 20, 2021 – JLL Capital Markets announced today that it has closed...

JV Puts 333 Valencia in San Francisco up for Sale with Pricing Guidance of...

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By Jon Peterson A joint venture comprised of three active San Francisco players has began the marketing for sale the office asset located at 333 Valencia Street. Prado Group, Murray...

Preserve West Capital Sells Trader Joe’s-Anchored Property in Walnut Creek for $14MM

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(EDITOR’S NOTE: According to public documents, the sale closed on April 23, 2021 for a price of $14,153,000, or just over $554 per square foot.) WALNUT CREEK, Calif. — Preserve West...

Harvest/Cerberus JV Sells 385,000 SQFT Office Building in Daly City for $168.6MM

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(EDITOR'S NOTE: According to sources with knowledge of the transaction detail, the property sold for $168.6 million, or roughly $438 per square foot, to Phase 3 Real Estate Partners. The...

Woodlawn Foundation Offers 63,800 SQFT Flex Property in Vacaville for Sale

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By Jon Peterson The Woodlawn Foundation, a Catholic charitable foundation that operates an office in San Bruno, has placed on the market for sale the 63,800 square-foot, two-building flex property in...

Acclaim Spends $16MM on Palo Alto Redevelopment Opportunity

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By Vladimir Bosanac The Fish Market restaurant in Palo Alto is under new ownership, although likely not because it needs a menu refresh. In a transaction that closed on April...

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