McNellis: Hollowing out the Museum
By John McNellis
“A full-fledged housing crisis has gripped California…” New York Times 17 July 2017
Yes, our housing crisis is so critical those envious bastards at the Times are proclaiming...
San Francisco Selects AvalonBay and BRIDGE Housing Development Proposal for Balboa Reservoir Project
By Vladimir Bosanac
The City of San Francisco’s planning department announced yesterday the selection of a development team to lead the building of up to 1,100 units at the Balboa...
Workday Adds One More to Its Burgeoning Pleasanton Campus Holdings
By Brett Goetschius
East Bay human resources management services firm Workday has moved a step closer to realizing its plan to create a headquarters campus adjacent the West Dublin BART...
Google Leased Property and Land in Mountain View Sell for $170MM
By Vladimir Bosanac
A credit tenant with a long-term lease will go far for a property owner in Silicon Valley. This week proves just how far, as a Google-leased building...
Ground Lease on San Francisco’s Ferry Building to Trade for Around $290MM
By Jon Peterson
Los Angeles-based Hudson Pacific Properties and New York City-based Allianz Real Estate will be the buyers of the ground lease for the Ferry Building in San Francisco,...
Brocade Corporate Headquarters Sold to Lane Partners for $225.5MM
By Vladimir Bosanac
The 561,465 square foot Brocade Communications corporate headquarters site in San Jose has a new owner as of last week. Menlo Park-based Lane Partners acquired the three-building...
Hines to Liquidate 13.9MM SQFT Global REIT Portfolio, Sale to Include 550 Terry Francois...
Earlier this week, the Houston-based global property owner and investor Hines announced that the board of directors of Hines Global REIT, Inc. unanimously approved a plan to liquidate the...
Chicago-Based AJ Capital Buyer of San Francisco Armory for $65MM
Correction: An earlier report by The San Francisco Business Times in error identified London-based Soho House as the buyer of the Armory. According to an updated story by the...
Genentech Buys Four Buildings in South San Francisco for $269MM
By Jon Peterson
As Genentech looks to reaffirm its commitment to South San Francisco, it wants to ensure that it has full control of its real estate fortunes in the...
Invesco & Harvest JV Buys San Mateo Office Campus for $210MM
(EDITOR'S NOTE: According to sources with knowledge of the transaction, but buyer of the propery was a joint venture between Invesco and Emeryville-based Harvest Properties.)
LOS ANGELES (July 30, 2018)...
