Basin Street Properties Completes $42MM Sale of Marina Crossing Apartments to Sonoma State University
Petaluma, CA (February 8, 2019) – Basin Street Properties completed the sale of the 90-unit Marina Crossing Apartment complex in Petaluma to Sonoma State University on February 7, 2019. ...
Zynga Again Looks to Explore Selling Its 670,000 SQFT Headquarters in San Francisco
By Vladimir Bosanac
Just seven years ago, Zynga was riding high. The San Francisco-based gaming company was associated at the time with games such as Farmville, and it was transforming...
Home-Value Surge After Facebook IPO Provides Insight For 2019
Areas with more Facebook employees saw home values increase by $29,800 more than the general San Francisco Bay Area in the year after Facebook's IPO
SEATTLE (Feb. 5, 2019) -...
Citizens Commercial Banking Provides $30.5MM Loan for New Hilton Garden Inn in San Jose
SAN JOSE, CA – Citizens Commercial Banking announced today that it is providing a $30.5 million construction loan to Belmont, CA-based Westlake Realty Group for the development of a new Hilton Garden...
Clarion Buys 215 Fremont in San Francisco for $335MM
By Jon Peterson
New York City-based Clarion Partners has completed the acquisition of the 427,393 square foot 215 Fremont Street office building in San Francisco for $335 million, or about...
NorthMarq Secures $103.8MM Pre-stabilized Construction Financing via Fannie Mae for San Carlos Multifamily Property
SAN FRANCISCO (February 6, 2019) – Nathan Prouty, senior vice president/managing director, Andrew Slaton, vice president and Briana Harney, vice president in NorthMarq Capital’s San Francisco office arranged the $103,778,000...
Alexandria Buys Life Science Property in San Carlos for $73MM
By Jon Peterson
Pasadena, Calif.-based Alexandria Real Estate Equities has paid $73.2 million, or just over $887 per square foot, to acquire the two-building 82,462 square foot Shoreway Science Center...
CIP Buys Industrial Asset in Fremont for $30MM
By Jon Peterson
Newport Beach, Calif.-based CIP Real Estate has acquired the five-building 148,926 square foot Fremont Business Center in Fremont for $30.15 million, or just over $202 per square...
Wareham Places Berkeley Asset on the Market, Looking for Low $50MM Pricing
BERKELEY, CA. (Feb. 5, 2019) – JLL’s Bay Area Capital Markets team has begun marketing 2600@Tenth, one of the largest institutional quality office properties in Berkeley, CA. Michel Seifer,...
PCCP Acquires Showplace Square Building in San Francisco for $120MM
San Francisco, CA, February 5, 2019 – PCCP, LLC announced today it has acquired a four-story, 138,393-square-foot, Class A office building located at 350 Rhode Island Street for $120 million...
