Foster City Shopping Center Nets Buyer Good Yield

0
By Jon Peterson A San Diego-based investment trust has achieved a 7 percent yield on a grocery-anchored shopping center in Foster City that it acquired for $17.4 million, all cash,...

Sares Regis Gains $30MM For Apartment Fund

0
By Jon Peterson Newport Beach-based Sares Regis Group has been awarded a $30 million commitment for the Sares Regis Western States Multifamily Fund, an endeavor led by Rob Wagner, co-founder...

Arden Sells Into Rising Market

0
Jon Peterson Los Angeles-based Arden Realty Inc., the commercial property arm of the General Electric Co., has placed a nine-property, central Silicon Valley office and R&D portfolio on the market...

American Realty Buys North San Jose Retail, Residential Revolution

0
By Jon Peterson Glendale, Calif., -based American Realty Advisors has paid $46.55 million for the @First shopping center at Highway 237 and 4180 N. First St., in San Jose’s rapidly...

TMG, Alcion Buy Beer Brewery At Half Replacement Cost

0
By Jon Peterson and Sharon Simonson San Francisco-based TMG Partners and its capital source, Alcion Ventures, have received six letters of intent from existing tenants looking to expand and other...

Rosen on Real Estate: Let the Good Times Roll

0
By Sharon Simonson The Bay Area economy is the strongest in the nation with the exception of oil-booming North Dakota, and commercial real estate is well positioned to take advantage,...

Kimpton Raising Capital for New Hotel Fund

0
The University of Michigan Endowment in Ann Arbor, Mich., had committed $20 million to the KHP Fund III L.P., the latest investment fund being sponsored by San Francisco-based Kimpton...

Texas Pension Fund Commits $75MM to Stockbridge

0
By Jon Peterson The Texas Municipal Retirement System has approved a $75 million commitment to the Stockbridge Value Fund, a commingled real estate investment vehicle managed by San Francisco’s Stockbridge...

East Bay Loans Lead List of Monitored Debt

0
By Sharon Simonson More than $187 million in unpaid loans collateralized by Oakland area real estate have been added to a “watchlist” compiled by Morningstar Credit Ratings LLC. The assessment puts...

Pension Fund Tags Santa Clara Industrial For Sale

0
By Jon Peterson A Santa Clara warehouse and distribution facility owned by the Kansas Public Employees Retirement System has been slated for sale as part of a larger disposition program that involves...