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,...
GTIS Partners & Graham Street JV Acquires 104,000 SQFT Marin County Asset for $72.5MM
(EDITOR'S NOTE: According to sources familiar with the details for the sale, the property sold for $72.5 million, or just around $697 per square foot. Newmark Knight Frank was...
Google Buys 56 Properties Near San Jose’s Diridon Station for $191.5MM
By Meghan Hall
Google’s continues to show its commitment to the Diridon Station area of San Jose and has formally acquired 56 properties for $191.5 million in a deal that...
Transamerica Building in San Francisco is on the Market, Pricing is Projected in the...
By Jon Peterson
Transamerica Corporation and its parent company Aegon are planning to put up for sale the iconic San Francisco Transamerica Pyramid building at 600 Montgomery Street and two...
South Bay Development Places Campbell Office Asset up for Sale, Pricing Could Reach $150MM
By Jon Peterson
South Bay Development has placed on the market for sale its office building project in Campbell known as Creekside @17. The pricing guidance on this property comes...
T2 Capital Places 399 Fifth Street Development Site in San Francisco up for Sale,...
By Jon Peterson
Chicago-based T2 Capital Management has put on the market for sale the development site located at 399 Fifth Street in San Francisco. The parcel has the...
Castro Valley & Redwood City Multifamily Properties Trade for Combined $12.3MM
BAY AREA, Calif., (Aug. 14, 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...