Oregon Pension Fund Runs up Industrial Portfolio with Three New Commitments Totaling $750MM
By Jon Peterson
The industrial market across the country continues to draw institutional investment dollars. In another example of the industry’s appeal, Salem-based Oregon Public Employees Retirement Fund approved three new...
102-Unit Multifamily Community In Concord, Calif., Trades For $31.5MM
The community offers investors a strong, extensively renovated asset in a thriving Northern California locale
Concord, Calif. – Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in...
Essex Buys More San Francisco Apartments
By Jon Peterson
Essex Property Trust Inc. has paid $96 million, or $653,000 a unit, to acquire the Bennett Lofts complex in the South of Market Street district in San...
Former Bay Area Home of Robin Williams Listed for Sale for $25MM
By Catherine Sweeney
A large estate that was once home to Robin Williams has been placed up for sale in the Bay Area. The property is listed by Marsha Garces...
Two Santa Clara Multifamily Communities Totaling 208 Units Trade for a Combined $75.6MM
By Kate Snyder
Multifamily sales transactions continue at a steady pace in Santa Clara as two of the city’s apartment complexes recently traded in separate deals.
The two multifamily properties sold...
HP Investors and LNG Management Place Oakland’s 1700 Broadway on the Market
By Meghan Hall
Two years and a round of extensive renovations later, HP Investors and LNG Management have placed 1700 Broadway, a ten-story, 31,500 square foot office building within downtown...
Dimension Properties Lists Light Industrial/R&D Park near Sacramento with Pricing Guidance of $29MM
By Jon Peterson
Sacramento-based Dimension Properties will be going to the market with one of its properties. The company has placed up for sale the 127,838 square foot Prospect Center light...
Intercontinental Real Estate & Security Properties Buy 244-Unit Sacramento Multifamily Community for $87.5MM
(EDITOR’S NOTE: According to sources with knowledge of transaction detail, the property sold for $87.5 million, or $358,606 per unit.)
Boston (September 8, 2021) – Intercontinental Real Estate Corporation (“Intercontinental”)...
Light Industrial Asset in San Francisco Trades Hands for $19.3MM
San Francisco, CA (January 19, 2022) — Newmark announces it has completed the sale of 1270 Bush Street, a 38,000-square-foot light industrial building in the heart of San Francisco,...
Invesco Puts The Piers in San Francisco Under Contract Over $1,000 Per Square Foot
By Jon Peterson
Atlanta-based Invesco Real Estate has placed under contract for purchase The Piers mixed-use project in San Francisco located at Piers 1.5, 3 and 5 near the Ferry...