Pau Gets Trial Date

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By Sharon Simonson Peter Pau, the one-time redeveloper of the Sunnyvale Town Center, may finally be getting his day in court. More than three years since the massive redevelopment went into...
SiliconSage, San Jose, Willow Glen, Santa Clara, Sunnyvale, Fremont, 1821 Almaden Road, Silicon Valley housing

Divco, TPG See South Silicon Valley Rising

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| By Sharon Simonson | With their nearly $800 million purchase of the Mission West Properties portfolio, San Francisco-based Divco West and global investment firm TPG are banking on the turnaround...

Tennessee Pension Fund Buys 343 Sansome

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By Jon Peterson Nashville-based Tennessee Consolidated Retirement System has paid $105.75 million to acquire the 260,000-square-foot 343 Sansome office building in downtown San Francisco. The pension fund bought the property through...

Kennedy Wilson Buys Lake Tahoe Resort At Substantial Discount

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By Jon Peterson Kennedy Wilson Holdings Inc. and an investment partner have acquired the 170-room Ritz-Carlton, Lake Tahoe resort hotel and the 23-unit Ritz-Carlton Club, Lake Tahoe condominiums in Truckee...
San Francisco, housing, Bay Area news, San Francisco real estate news, Perkins Coie, Trumark Urban, Polaris Pacific, planning commission

Pension Fund Investor Pays Good Price for Sansome Offices

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By Jon Peterson Washington, D.C.-based Multi-Employer Property Trust, an open-ended commingled real estate equity fund, has paid approximately $450 a square foot, or $159 million, to acquire 475 Sansome St.,...
Bell Partners, Northern California, Bay Area, Bell Institutional Fund VI, Pennsylvania Public School Employees’ Retirement System

Stockbridge Nabs $50MM from Texas Pension Fund

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By Jon Peterson San Francisco-based Stockbridge Capital Group has received a $50 million investment commitment from the Austin-based Texas Municipal Retirement System for its Smart Markets Fund, a real estate...
Shorenstein, Cisco Tower, Santa Clara, Prudential Real Estate Investors, San Jose, Equity Office, Silicon Valley real estate, Bay Area news

Cisco Selling More North San Jose Buildings

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By Sharon Simonson San Jose-based Cisco Systems Inc. is offering to sell more than 800,000 square feet of office and research and development space adjacent to its North San Jose...

Cupertino Shopping Center Sells, Gains Asian Grocer

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By Jon Peterson Walnut Creek-based Browman Development Co. has acquired Cupertino’s 77,000 square-foot McClellan Square shopping center and will replace mainline grocer Lucky Supermarkets with Asian grocer 99 Ranch Market. Greg...

South San Jose Shopping Center Sells Below 6 Percent Yield

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By Sharon Simonson A San Diego-based real estate investment trust that has been acquiring Bay Area retail properties has paid a partnership involving Barry Swenson Builder $31.6 million for a...

Investor Buys Industrial In Gentrifying Mission District

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By Sharon Simonson A joint venture of San Francisco’s Swire Properties and Friedkin Investment Co. has acquired 400 Alabama St. in San Francisco’s Eastern Neighborhoods district, paying $8.1 million, or...

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