Chime Financial Lists 36,515 SQFT of Office Space for Sublease in San Francisco
By Kate Snyder
Another listing has been added to the sublease market as multiple tech companies look to drop office space in the Bay Area. After signing a lease last...
Westcore Secures $46.7MM Loan for Purchase of Western US Industrial Portfolio
DENVER – Feb. 16, 2021 – CBRE announced that it has arranged a $46.7 million loan on behalf of Westcore Properties for the firm’s purchase of a four-property industrial portfolio in the Western...
Essex Sells San Mateo Apartment Community for $113MM
By Jon Peterson
San Mateo, Calif.-based Essex Property Trust has sold three apartment complexes in the state that are located in San Mateo and Southern California for a combined $275.5 million,...
South Bay Development Buys Cisco’s North First Street Land
By Sharon Simonson
Campbell-based South Bay Development Co. has acquired 30.75 acres in North San Jose from Cisco Systems Inc. for an undisclosed price.
The property is entitled for 620,000 square...
Merlone Geier Sells Portion of The Village at San Antonio Center in Mountain View...
By Meghan Hall
A San Francisco-based investment and development firm has continued to dispose of a key retail asset in Mountain View. According to The Mercury News, Merlone Geier has...
Acacia Capital Corporation Buys 124-Unit Villa del Sol Apartment Community in Sunnyvale for $62.3MM
By Kate Snyder
Sunnyvale’s multifamily market continues to attract investors with the recent sale of an apartment complex in the city. The Villa del Sol apartments were purchased by an...
Hines and Oaktree Close on Acquisition of Ygnacio Center in Walnut Creek for $206MM
(EDITOR’S NOTE: According to sources familiar with the details of this sale, the final price for the asset was 406 million, or $400 per square foot. LaSalle Investment Management...
98,000 SQFT Shopping Center for Sale in Fair Oaks
By Jelena Krzanicki
The Sacramento retail market continues to show signs of strain in the second quarter of 2023, with another grocery-anchored shopping center hitting the market in the area, this...
Rising Rents in Silicon Valley Attract Multifamily Investors
By Nancy Amdur
Rising rents and strong demand in Silicon Valley’s multifamily sector is helping to draw investor interest in the market. Among recent deals were newly formed investment group...
Brookfield Properties’ $180MM Loans for Stonestown Galleria in San Francisco Land on CMBS Watchlist
By Kate Snyder
Two loans for Stonestown Galleria, a shopping mall on the southwest end of San Francisco, have been added to CMBS servicer watchlists, according to a report from...
