1155 Bryant in San Francisco Sells for $18.3MM
(EDITOR’S NOTE: According to sources with knowledge of the transaction detail, the sale closed at $18.3 million, or around $564 per square foot. The seller was an entity associated...
Invesco Goes Big in Oakland, Buys Eight Multifamily Complexes for $80MM
By Meghan Hall
Invesco Advisers, an affiliate of Dallas, Texas-based Invesco, has scooped up eight Oakland multifamily properties in a show of confidence in the submarket. Together, the new portfolio...
Podcast: Don Capobres (CEO) & Wendi Baker (COO) of Harmonie Park
Today, we sit down with Wendi Baker and Don Capobres of Harmonie Park, a Bay Area-based development company focused on creating thriving mixed-use communities. Don and Wendi started Harmonie after...
In Sacramento’s Largest Single-Asset, Market-Rate Deal, The Press at Midtown Quarter Trades for $118MM
SACRAMENTO, Calif. – CBRE announced the sale and financing of The Press at Midtown Quarter, a 277-unit Class A multifamily property located in Midtown Sacramento, Calif. CBRE’s Marc Ross brokered the sale...
The Core Companies’ Agrihood in Santa Clara Granted $50MM State Bond Award
Santa Clara’s Largest Affordable Housing Project Starts Countdown to Construction
Santa Clara, CA – The Core Companies announced today that the Agrihood project has been awarded $50,000,000 in tax-exempt bonds by the...
KBS Sells 250 Holger Way in San Jose for $38MM
SAN JOSE, CALIFORNIA – KBS, one of the largest investors in premier commercial real estate in the nation, announced today that it has sold an additional building at District...
City of Cupertino Acquires Lawrence-Mitty Property for $2.69MM
Cupertino, CA —Today, the City of Cupertino completed the purchase of the Lawrence-Mitty property. The City purchased the property to develop a neighborhood park on the eastern side of Cupertino,...
Hayward Moratorium on Commercial Tenant Evictions Extended
The Hayward City Council has voted to extend by four months until Jan. 31, 2021, an emergency city moratorium that bars evictions of commercial tenants for nonpayment of rent...
Graceada Partners Pays $12.1MM for 78,400 SQFT Office Building in Sacramento
2101 Arena Boulevard is the New Department of Business Oversight Headquarters
(EDITOR’S NOTE: According to public records, the purchase price for this property came at $12,120,000, or $154 per square...
EAH Housing Buys 140-Unit Affordable Asset in Sacramento for $5.6MM
EAH Housing plans new affordable housing project adjacent to light rail
SACRAMENTO, Calif., September 22, 2020– Cushman & Wakefield announced today the firm has brokered the sale of an urban infill,...