Finance
IQHQ Hands Vacant 330,000 SQFT South San Francisco Biotech Building to Apollo
With Bay Area life science vacancy above 30% and rents still falling, a lender-controlled Spur building becomes a test case for who can...
JLL Income Property Trust Buys Roseville Outpatient Center for $19MM
A fully redeveloped, 95%-leased outpatient building near two Roseville hospital campuses pushes JLL Income Property Trust’s healthcare allocation to 10% of its $7.0...
Performing Arts Group Nears Purchase of Oakland’s Historic Scottish Rite Center
Built in 1927 and reworked into Greek-influenced Art Deco style after lake-air damage in the 1930s, the century-old venue would keep a rare...
Galvanize Buys 302,000 SQFT Cadillac Court Industrial Campus for $94MM in Milpitas
Tom Steyer’s climate investment firm paid roughly $312 per square foot for the four-building Milpitas campus, a bet that Silicon Valley’s sub-2-percent industrial...
Keech Properties Buys 87-Unit Sunsweet Apartments for $45MM in Morgan Hill
Keech Properties buys the 87-unit Sunsweet apartments in downtown Morgan Hill for $45MM, above its $37.6MM development cost.
Golden Gate Global’s 16,000-Acre Middletown Anasu Resort EB-5 Offering Wins USCIS Nod Ahead of Deadline
A Northern California regional center is racing to close out a foreign-investor fundraising round before a federal deadline, marketing fresh government approval for...
B3 Investors in Talks to Buy Former Bloomingdale’s Space at San Francisco Centre
An investor is quietly negotiating to buy roughly a third of downtown San Francisco’s largest dead mall, even as the broader, fully vacant...
300,000 SQFT Phelan Building at 760 Market Offered as $140MM Note Sale in San Francisco
The 299,549-square-foot Union Square landmark, anchored by Figma's global headquarters, is being offered by Newmark as a note sale carrying $140 million in...
Build Inc. Hit With Default Notice on $45.4MM India Basin Loan in San Francisco
The developer behind one of San Francisco’s largest remaining waterfront housing sites has been served a notice of default, adding a new layer...
Economist Ken Rosen: The Bay Area’s Cheap-Leverage Era Is Over, and Cap Rates Must Rise
Speaking on CBRE's podcast The Weekly Take, veteran economist Ken Rosen said the end of a 17-year run of cheap money will force...
Saybrook Markets 100 Acres in Lathrop as Housing Outpaces Retail Supply
With Sam’s Club preparing to open the Northern San Joaquin Valley’s first location inside Stanford Crossing, Saybrook Fund Advisors is marketing the surrounding...
Lincoln Property and Sabal Take Title to 150,000 SQFT Showplace Square Production Building at 300 Kansas Street
A new San Francisco ownership group has taken control of the 150,000-square-foot production building at 300 Kansas St. in Showplace Square, betting that...
