Los Gatos’ Toll House Hotel Trades for $43.5MM
By Meghan Hall
The Toll House Hotel in Los Gatos, which opened its doors in 1983, has become a popular spot amongst locals looking for a getaway close to both...
First Washington Realty Acquires Fairmont Shopping Center in Pacifica for $39MM
(EDITOR'S NOTE: The sales price on the property was $39 million, according to sources that track the sale of shopping centers in the San Francisco Bay Area and Northern...
Paramount Spends Nearly $900MM on Two San Francisco Assets in As Many Months
NEW YORK--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) today announced that it has completed the acquisition of a 44% joint venture interest in 55 Second Street in San...
JLL Arranges $34MM Financing for 7EMPIRE in San Jose
SAN FRANCISCO, August 20, 2019 – JLL announced today that it has arranged $34 million in debt financing for the development of 7EMPIRE, a 97-unit, Class A, art-focused multi-housing community...
Two Multifamily Communities in Castro Valley and Palo Alto Trade for $23.4MM
BAY AREA, Calif., (Aug. 21, 2019) – Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate...
Apple Buys Two Buildings in Cupertino City Center Campus for $290MM
By Meghan Hall
Apple is continuing to expand within its hometown, purchasing a portion of the Cupertino City Center Campus, where the iPhone company currently has offices. According to reporting...
Paramount Group Selected to Buy Market Center in San Francisco for ~$723MM
By Jon Peterson
New York City-based Paramount Group is planning to close later this year on the acquisition of the two-building office asset in San Francisco known as Market Center....
Rare Carmel Retail Asset Trades for $13.5MM
CARMEL, Calif., August 19, 2019 – Cushman & Wakefield is pleased to announce the sale of the Carmel Rancho II Shopping Center (“CRSC II”), a neighborhood shopping center in Carmel (Monterey...
PCCP Provides $20MM to Refinance Hilton San Francisco Financial District
San Francisco, CA, August 19, 2019 – PCCP, LLC announced today it has provided a $20 million, fixed-rate, mezzanine loan for the refinance of the Hilton San Francisco Financial District....
Facing Development Challenges, Z&L Properties Considers Sale of Two San Jose Development Sites
By Meghan Hall
The Bay Area development scene is fraught with challenges that project teams must navigate, including the design and entitlements process and ever-escalating construction costs. For Foster City,...
