Meridian Property Pays $10.5MM for Office Building in Pleasanton
By Jon Peterson
San Ramon-based Meridian Property Company has paid $10.5 million to acquire the 74,000 square foot The Atrium office building at 5776 Stoneridge Mall Road in Pleasanton from...
EastGroup Properties Buys Industrial Asset in Hayward for $28.5MM
By Jon Peterson
Ridgeland, Miss.-based EastGroup Properties has acquired the 82,080 square foot industrial property located at 1586 Zephyr Avenue in Hayward. The purchase price was $28.5 million, or around $347...
Mosser, Swig Company Miss Payments on $68MM Loan Connected to Five Apartment Buildings in...
By The Registry Staff
Companies continue to face financial difficulties in the Bay Area. Two prominent real estate players in San Francisco have fallen behind on loan payments tied to...
Synaptics Sells North San Jose HQ for $58MM
By Meghan Hall and Jon Peterson
Technology development company Synaptics has sold its San Jose headquarters, closing on a $58 million deal to dispose of four buildings on February 9th....
Lincoln Property & Cara Investment Pay $156MM for 384 Post in San Francisco
(EDITOR'S NOTE: According to public records, the property sold for $156 million, or just around $1,155 per square foot.)
A joint venture of Lincoln Property Company and Cara Investment has...
CalPERS Endures $4.2 Billion Quarterly Loss in Real Estate
By Jon Peterson
The California Public Employees’ Retirement System lost $4.2 billion of value in its real-estate portfolio during the second quarter of 2009, according to new data released in...
LaSalle Pays $158MM at 5.3% Cap for Ygnacio Center in Walnut Creek
By Jon Peterson
Chicago-based LaSalle Investment Management has bought the 515,306 square foot three-building office complex Ygnacio Center in Walnut Creek for $158 million, as stated in a board meeting...
Blue Shield Sells Four-Building Office Complex in El Dorado Hills, Calif. For $49.3MM
SAN FRANCISCO – JLL Capital Markets announced today that it has closed the $49.3 million partial sale-leaseback of 4201-4207 Town Center Blvd., a four-building, Class A office complex totaling...
Thor Equities Buys Redwood City Property for $58MM
By Vladimir Bosanac
The Peninsula market continues to gain traction in the commercial real estate landscape of the Bay Area, as the connectivity of the submarket positions it well between...
260 Townsend in San Francisco Sells for $49MM
(EDITOR'S NOTE: According to public documents, the sale closed for $49 million, or roughly $671 per square foot. The seller of the property was Pasadena-based Alexandria Real Estate Equities,...
