Paceline Investors Acquires 20 Heron in San Francisco for $8.5MM
A partnership comprised of Paceline Investors and True North Management Group acquired 20 Heron Street, a 32,252 square foot light industrial property located at 8th and Harrison in San Francisco’s SOMA...
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...
Cornerstone to Buy Another Office Building in San Francisco
By Jon Peterson
Cornerstone Real Estate Advisers will be adding a second office building in San Francisco in the last two months to its trophy case. The Hartford, Conn.-based real...
Old Oakland Complex Sells for $45.5MM
https://youtu.be/9J8rm9UCRWs
When San Francisco developer Peter Sullivan Associates purchased Old Oakland, a collection of 10 buildings across two city blocks that resembled a city from years past, in 2001 for...
CalPERS Reports Preliminary 21.3% Investment Returns for Fiscal Year 2020-21; Strong Returns Trigger Reduction...
Sacramento, Calif. – CalPERS today reported a preliminary 21.3% net return on investments for the 12-month period that ended June 30, 2021. CalPERS assets at the end of the fiscal...
Google Buys San Bruno Asset for $58MM
On the heels of a grand bargain with LinkedIn in Mountain View and Sunnyvale and a decision to take up an additional 612,000 square feet in Sunnyvale’s Moffett Gateway...
Class A Office Center in North Natomas Submarket of Sacramento Up for Sale by...
By Jacob Bourne
Gateway Corporate Center I & II at 160 and 180 Promenade Circle in Sacramento has been put on the for-sale market by KBS REIT II, a real...
McNellis: The Post-Plague Office
Real Estate in the Plague Year
By John McNellis
Last week, Mark Zuckerberg said he believes that half of Facebook's employees will be working from home over the next 10 years....
Prometheus Real Estate Group Buys Gardens of Fontainbleu Apartment Complex in Cupertino for $70MM
By Meghan Hall
Bay Area assets across a variety of product types are continuing to attract investors, even amidst a slowdown in the industry due to COVID-19. In a deal...
Clarion Closes Sale of Santa Clara Office Project for $305MM
New York City-based Clarion Partners closed the purchase of the 450,000 square foot first phase of the 3333 Scott Blvd. office building in Santa Clara for $677 per square...
