Seagate Properties Acquires Iconic Sacramento Office Building for $46.9MM

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SAN RAFAEL, CA (December 28, 2018) – Seagate Properties, Inc. announced today that it completed the purchase of The Senator, a 180,123 square-foot landmark office building located directly across...

Omni Medical Places Medical Office Building in Sacramento up for Sale with $14MM Asking...

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By Jon Peterson One of the sectors of commercial real estate that has maintained its prominence over the last couple of years has been the medical office buildings. For companies that...

Merchants Capital Secures Financing for Affordable Housing in San Francisco

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(EDITOR’S NOTE: The AFL-CIO Housing Investment Trust (HIT) is also helping to finance the project through a $19.1 million contribution as part of its $1 billion “Bay Area Investment...

Hines Achieves Low 3 Cap Rate on 101 Second Street Sale in San Francisco

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By Jon Peterson The sale of the 388,370 square foot 101 Second Street office building in San Francisco produced a cap rate of around three percent, according to sources familiar...

Medical Offices & McDonald’s Ground Lease Opportunity in Pinole Hits the Market at $15.4MM

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The Appian Professional Plaza presents an investment opportunity for investors seeking to expand their portfolio in the East Bay in the San Pablo Bay community of Pinole, Calif. This...

Hudson Pacific Posts Strong Results as it Expands Leases in Bay Area

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By Vladimir Bosanac Hudson Pacific Properties released its latest quarterly earnings report earlier this week, and the public REIT had some good news to report to its shareholders that included...
John McNellis Partners garage conversion housing crisis Atherton Menlo Park Palo Alto Silicon Valley

McNellis: Solving our Housing Crisis One Garage at a Time

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By John McNellis To shelter-in-office (yes, mostly alone), I now walk through a couple miles' worth of pleasant, leafy neighborhoods in Atherton, Menlo Park and Palo Alto. These post-war neighborhoods...

194,000 SQFT Roseville Asset Trades for $33.2MM

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(EDITOR’S NOTE: According to sources with knowledge of the transaction detail, the property traded for $33.2 million, or just over $171 per square foot. The seller of the property,...

319-Unit Jasper in San Francisco Sells for $306.5MM

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(EDITOR'S NOTE: According to sources with direct knowledge of the transaction information, the property sold for $306.5 million, or around $960,815 per unit.) SAN FRANCISCO, CA – May 29, 2019...

48-Unit Lakewood Court Apartments in San Jose Sells for $17.28MM

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SAN JOSE, Calif., (Jan. 17, 2018) – Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial...

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