Podcast: Randy Tsuda, President & CEO of Alta Housin‪g‬

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Randy Tsuda is the President and CEO of Palo Alto, California-based Alta Housing, an affordable housing development firm that has been active in Silicon Valley for over 50 years.  Randy joined...

STAG Industrial Buys Sacramento Property for $26MM

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JLL Capital Markets closed the $26 million sale of a triple-net-leased industrial warehouse property in a last-mile Sacramento location SAN FRANCISCO, Feb. 25, 2021 – JLL Capital Markets announced today that it...
24493 Clawiter Road Hayward Bay Area Duke Realty Prologis CBRE CEVA

First Industrial Pays $7.1MM to Buy Industrial Development Site in Hayward

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By Jon Peterson Chicago-based First Industrial Realty Trust has acquired an industrial development site of 3.14 acres in Hayward located at 3764 Depot Road. The purchase price on the transaction was...

Hanley Investment Group Arranges Pre-Sale of New Construction Starbucks Drive-Thru in Rancho Cordova, Calif.,...

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Record cap rate for a new single-tenant Starbucks in the Sacramento metro area in the last four years RANCHO CORDOVA, Calif.- Hanley Investment Group Real Estate Advisors, a nationally recognized...

BioScience and Harrison Street Acquire Vacant Mountain View Asset for Life Science Conversion for...

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By Jon Peterson Solana Beach-based BioScience Properties and Chicago-based Harrison Street Real Estate Partners have purchased the 303 Ravendale Drive asset in Mountain View with plans to complete a life-science conversion...

CBRE Group, Inc. Acquires 35 Percent Interest in Industrious, Leading Provider of Flexible Space...

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CBRE’s Stake Expected to Grow to 40 Percent; CBRE to Have Two Seats on Industrious Board; Industrious to Take Ownership of CBRE Hana; CBRE and Industrious to Innovate on Future Flexible...

MJM Land Development Buys Sunnyvale Apartment Complex for $24MM

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By Meghan Hall A Sunnyvale apartment complex has traded hands, indicating that investor appetite for well-located assets continues. In a deal that closed last week, an entity affiliated with MJM...

Waterton Raises $1.5B Apartment Fund, Looks for Assets in the San Francisco Bay Area

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By Jon Peterson Chicago-based Waterton has set is sights on growing its apartment portfolio, and the company has shored up a $1.5 billion equity raise to achieve that goal. With a...

Hines Acquires Silicon Valley Property for $68MM

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(EDITOR'S NOTE: Hines purchased the asset for $68 million, or just over $526 per square foot, on February 10, 2021 from Crown Realty & Development, according to public documents....

Merchants Capital Secures Financing for Affordable Housing in San Francisco

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(EDITOR’S NOTE: The AFL-CIO Housing Investment Trust (HIT) is also helping to finance the project through a $19.1 million contribution as part of its $1 billion “Bay Area Investment...

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