Shorenstein, MetLife, Oakland, East Bay, San Francisco, Bay Area

Shorenstein/MetLife to Start Major Office Development in Oakland in May

By Jon Peterson San Francisco-based Shorenstein Properties and New York City-based MetLife are planning to start the development of the 602,000 square foot office development in Oakland called 601 City...
San Jose, State of California Strategic Growth Council, Bay Area, Market-Almaden, Roosevelt Park

San José Wins Over $30MM to Build Transit-Oriented Affordable Housing

The City of San José recently won two Affordable Housing and Sustainable Communities (AHSC) awards from the State of California Strategic Growth Council. The awards include $31.5 million...
Dermody Properties, Fremont, JLL, Bay Area

Dermody Properties Buys Fremont Facility for $18.6MM

(EDITOR’S NOTE: According to public documents filed with the county, the property sale closed on August 20th, 2019 for $18,625,000.) FREMONT, Calif. – Dermody Properties, a...
Portland, Gerding Edlen, San Francisco Bay Area, Seattle, Los Angeles, Chicago, Boston, New York City, Washington D.C., Connecticut, Oakland

Brevitas Strives for Top Efficiency in Real Estate Deal Matchmaking

By Jacob Bourne The three co-founders of San Francisco start-up company, Brevitas, used their Bay Area roots and backgrounds in commercial real estate and marketing to address a void left...
BART, Rockwood Capital, Polidev, San Francisco, Lincoln Property Company 332 Pine

Lincoln Property Acquires 332 Pine in San Francisco for $38MM

(EDITOR'S NOTE: The sale price was $38 million, or roughly $844 per square foot, according to sources familair with the transaction. The property had last been sold in February...
Sacramento, Bay Area, Newmark Knight Frank, Park Plaza, 1303 J Street, TA Associates, San Jose, Insight Realty Company, Northern California

TA Associates Sells Park Plaza in Sacramento for $15MM

By Vladimir Bosanac The Great Recession was not kind to the city Sacramento. According to a study by the Pew Charitable Trusts, two years after the end of the Great...
PGIM Real Estate, San Francisco, Ellis Partners, Eastdil Secured, Liberty Mutual, Glass Lewis, Solomon Cordwell Buenz, Sojern, Skidmore Owings & Merrill, Starbucks, Polidev Investments, Newmark Knight Frank

PGIM Places 255 California in San Francisco up for Sale, Price Could Reach $160MM

 By Jon Peterson PGIM Real Estate has placed on the market for sale the 183,000 square foot office building in San Francisco’s Financial District located at 255 California Street. The...
Sun Life, San Francisco, Newmark Knight Frank, Vidal Sassoon, Serge Sorokko Gallery, Educents, Sutter Street, Union Square, Union Square Central Subway

Sun Life Puts 355 Sutter in San Francisco on the Market, Seeking Over $1,100/SQFT

By Jon Peterson Sun Life has put on the market for sale the 17,915 square foot 355 Sutter Street office/retail property in San Francisco. The pricing on the sale of...
Oyster Point Development LLC, Oyster Point, South San Francisco, San Francisco, Bay Area

HCP Buys Life Science Property in South San Francisco for $83MM

By Jon Peterson Irvine-based HCP has paid $83 million or $488 per square foot to buy the 170,000 square foot Edgewater Science & Technology Park in South San Francisco. The...
Black Creek Group, Industrial Property Trust, Prologis, Morgan Stanley & Co., Eastdil Secured, Hogan Lovells, Denver,

SARES REGIS Gets $50MM Commitment for New Apartment Fund

By Jon Peterson Irvine and San Mateo-based SARES REGIS Group has received a $50 million commitment from the Ohio Bureau of Workers Compensation Fund for its SARES-REGIS Multifamily Value-Add Fund...