Essex Property Trust Pays $164MM to Acquire 300-Unit Walnut Creek Apartment Complex
By Jon Peterson
San Mateo-based Essex Properties Trust has paid $164.9 million, or just under $550,000 per unit, to acquire the 300-unit Brio apartment complex in Walnut Creek, according to...
Google Invests $50MM in Housing Trust’s TECH Fund
SAN JOSE, Calif. (July 24, 2019) -- Today, Google is making a $50 million investment in Housing Trust Silicon Valley's TECH Fund. Google's investment is the largest investment in the fund to...
Two Alameda Multifamily Properties Sell for $2.5MM
Alameda, CA ( July 24, 2019) - The Pinza Group, the leading East Bay Multifamily Sales Brokerage and 2018's Top Multifamily Sales Brokerage in the East Bay according to...
Google Buys Sunnyvale Properties from Yahoo, Verizon for $1B
By Meghan Hall
Google has purchased Yahoo’s headquarters complex, as well as several other Sunnyvale properties, for $1 billion. The transaction, first reported by The Mercury News, is believed to...
CBRE Raises $616MM for New Development Fund, Includes Industrial Asset in San Jose
By Jon Peterson
Los Angeles-based CBRE Global Investors has concluded its final capital raise on its CBRE U.S. Development Partners 5 fund with a total equity raise of $616 million,...
San Jose Medical Surgery Center Sells for $13.5MM
BAY AREA, Calif., (July 22, 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...
22-Unit San Francisco Property in Alamo Square Sells for $14.8MM
SAN FRANCISCO (July 22, 2019) – Colliers International has sold 801 Fillmore Street, a 22-unit multifamily building in San Francisco’s Alamo Square neighborhood. Originally marketed at $13.7 million, the beautifully...
We Company to Buy 600 California in San Francisco for $331MM
By Jon Peterson
The We Company, through its ARK acquisition and management platform, was selected as the buyer of the 600 California Street office building in San Francisco for $331...
Peninsula Land & Capital Purchases Milpitas Office Development for $11MM
By Meghan Hall
Palo Alto, Calif.-based Peninsula Land and Capital (PLC) is continuing to build its Silicon Valley portfolio with the acquisition of 1561 Buckeye Court in Milpitas. According to...
San Pablo Multifamily Asset Sells for $4.495MM, Sets New Marker for City
SAN PABLO, CA (July 16, 2019) – NAI Northern California is pleased to announce the sale of 2394 Road 20 in San Pablo for $4.495 million, setting a new...
