Vista Investment Group Acquires Pleasant Hill Apartment Community for $91MM
Los Angeles, CA (March 5, 2020) — Vista Investment Group in partnership with Tokyu Land US Corporation (“TLUS”), a fully-integrated real estate development and investment company, has acquired the...
Hines to Earn 5 Percent on Rialto Building
By Jon Peterson
Houston-based Hines expects to achieve an initial return of approximately 5 percent on its purchase of the 135,500-square-foot Rialto Building at 116 New Montgomery St. in San...
221-Unit Supportive Housing Development Breaks Ground in San Francisco’s SoMa Neighborhood
Enterprise Community Partners, Fannie Mae, Chase, and the City and County of San Francisco announce groundbreaking of 7th and Brannan, a 221-home affordable community from Mercy Housing California, financed...
Sunnyvale Town Center May Resume Development Following Court Ruling
By Nancy Amdur
After years of litigation, the delayed development of the mixed-use Sunnyvale Town Center may soon move forward.
The 6th District Court of Appeals recently ruled in favor of...
UPS Takes 297,000 SQ FT of Industrial Space in Hayward, CA
By Jon Peterson
UPS has expanded its East Bay footprint by signing a lease to occupancy 297,000 square feet of industrial space located at 22290 Hathaway Avenue in Hayward, according...
Equity Residential Buys The Lex Apartments in San Jose for $180.5MM
By Meghan Hall
Equity Residential has expanded its presence in one of the region’s hottest cities, San Jose, with the acquisition of The Lex Apartments at 5560 Lexington Ave. at...
SC Builders Buys 19,000 SQFT Office Building in San Francisco for $8.4MM
By Kate Snyder
An office building in San Francisco traded hands for less than the asking price. The Herscowitz Living Trust based in Southern California sold a 19,250 square foot...
Prometheus Seals Several Deals for Apartments, Retail, Totaling $77.2MM
By Meghan Hall
One of the largest private owners of multifamily properties in the Bay Area has expanded its portfolio in Sunnyvale, a key market in the region. In several...
Invesco Puts The Piers in San Francisco Under Contract Over $1,000 Per Square Foot
By Jon Peterson
Atlanta-based Invesco Real Estate has placed under contract for purchase The Piers mixed-use project in San Francisco located at Piers 1.5, 3 and 5 near the Ferry...
141,000 SQFT Home Depot-Leased Building in San Jose Listed for Sale
By Kate Snyder
San Jose’s retail market could soon see additional sales transactions with the listing of a Home Depot on the city’s south end. The property includes the main...
