Five Point Retains Prominent San Francisco Advisory Group and Transitions San Francisco Operations
Five Point Holdings, LLC (“Five Point” or the “Company”) (NYSE:FPH), an owner and developer of large mixed-use, master-planned communities in California, today announced it has transitioned the operations for its Candlestick®...
Oracle Places San Mateo Marriott up for Sale, Pricing Could Reach $190MM
By Jon Peterson
Redwood Shores-based Oracle Corporation has now placed on the market for sale the leasehold interest in the 476-room San Mateo Marriott San Francisco Airport hotel. The potential...
Embarcadero Capital Partners Sells Milpitas’ Murphy Crossing Office Complex for $130MM
By Meghan Hall
Nearly four months after Embarcadero Capital Partners placed the Murphy Crossing office complex on the market, a deal has closed on the sale of the property. Embarcadero...
San Francisco’s E.M. O’Donnell Copper Works Building Sells for $9MM
By Meghan Hall
In San Francisco, companies large and small are investing in their own spaces, buying property if their finances allow in an effort to maintain their home in...
Sobrato Sells Three Buildings, Including Two Now Part of ServiceNow’s HQ in Santa Clara,...
By Meghan Hall
Just over six months after ServiceNow solidified its expansion plans along Lawson Lane in Santa Clara, leasing more than 850,000 square feet over multiple transactions for its...
NorthMarq Completes $5MM Refinance of Watney Industrial in Fairfield, California
LOS ANGELES, CALIFORNIA (February 17, 2020) – Ory Schwartz, senior vice president/managing director of NorthMarq’s Los Angeles office arranged the $5 million refinance of Watney Industrial. The 100,460 sq. ft. single-tenant...
Shorenstein Sells Santa Clara Towers for $195MM
(EDITOR'S NOTE: The buyer is Hines with capital partner Oaktree Capital Management, according to multiple industry sources familiar with the transaction. The firms paid about $195MM, or about $438...
Vanbarton to Invest $60MM for Partial Ownership of 284-Unit The Cove in Tiburon
By Jon Peterson
New York City-based Vanbarton has made a $60 million investment for partial ownership stake in The Cove apartment complex in Tiburon, according to sources that are familiar with...
WeWork Divests Itself from Multiple San Jose Properties for $184MM
By Meghan Hall
WeWork’s movements heading into the first quarter of 2020 have been carefully watched by the commercial real estate industry as the coworking firm rolled out a new...
32-Unit Corte Madera Apartment Complex Sells for $20.5MM
CORTE MADERA, Calif., Feb. 12, 2020 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the...
