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...
AvalonBay, BRIDGE Housing, San Francisco, Bay Area, Sares Regis Group, Curtis Developmen, Tenderloin Neighborhood Development Corporation, Emerald Fund, Mercy Housing

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, Pleasanton, East Bay, Bay Area, Safeway Inc, Vons Cos, Stoneridge Corporate Plaza, Nevada Pacific Holdings, Cerberus Capital Management

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...
Deutsche Asset Management, Newmark Cornish & Carey, Mountain View, Carlyle Realty Partners VII, The Greenwich Group International, US Bank, The Carlyle Group, San Francisco, San Jose, Stockbridge Capital, Calvano Development, Mountain View, Google, Silicon Valley

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...
San Francisco, Blackstone Group, Equity Office, Ferry Building, Allianz Real Estate, Hudson Pacific Properties

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 Communications, Lane Partners, HQ @first, Silicon Valley Business Journal, NGKF Capital Markets Group, San Jose Redevelopment Agency

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...
550 Terry Francois, Gap, San Francisco, Hines, Hines Global REIT

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...
Yucaipa, National Register of Historic Places, United States National Guard, San Francisco, Armory Building, Bay Area Adventurous Journeys Capital Partners AJ Capital Partners Calistoga Ranch

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, San Francisco, San Mateo, Roche, Irvine, HCP, Foster City, San Jose, Northern California, East Grand Avenue, life science

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)...