McNellis: Winter is Coming
By John McNellis
As of last Friday, the S&P 500 was down 2.33 percent for the year. Like a dead rat in the basement, everyone can smell the next recession,...
Allianz Real Estate Ends a Strong Year in the US, Including Investment in San...
Allianz Real Estate deploys $728mn in new equity transactions in 2018, including the historic Ferry Building in San Francisco, 53 State Street in Boston and the Terminal Stores...
South Korea-Based SK Hynix America Buys 11-Acres for $31MM in San José
By Meghan Hall
SK Hynix America solutions, considered one of the world’s largest semiconductor suppliers, has snapped up 11-acres of land located right next to its San José office located...
San Francisco Officially Passes its Long Awaited Central SOMA Plan
By M. Brett Gladstone, Esq., Partner, Hanson Bridgett LLP, San Francisco .
On December 4, 2018, the San Francisco Board of Supervisors (on its second and final reading) approved the...
Maxar Technologies Sells Palo Alto Asset for $70MM
WESTMINSTER, CO, Dec. 6, 2018 - Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a global technology innovator powering the new space economy, today announced it has completed the sale of its Building 1...
TMG Partners & KKR Acquire 1221 City Center in Oakland for $253.5MM
(EDITOR'S NOTE: According to public documents, the asset was purchased for $253,542,500, or just over $485 per square foot.)
TMG and KKR partner on second Oakland-based transaction in 2018
SAN FRANCISCO/OAKLAND...
Barry Slatt Mortgage Funds $75MM Loan for San Mateo Office Asset
Barry Slatt Mortgage CEO, Daniel Friedeberg, along with Vice President Kelvin Lam, and Jason Wang recently closed a $75,000,000 permanent loan on a Class A office building, owned by...
SRS Completes $20MM Sale of Retail Property in Stockton, CA
Newport Beach, Calif. (December 6, 2018) – SRS Real Estate Partners’ Investment Properties Group has completed the $20 million sale of College Square, a 97 percent occupied 126,098-square-foot community...
Sansome Street Advisors and Verajoy Pay $61.5MM to Buy Latham Square in Oakland
By Jon Peterson
San Francisco-based Sansome Street Advisors and its Redwood City-based equity partner, Verajoy Capital, have together acquired the 116,056 square foot Latham Square office building in Oakland for...
Four-Property Residential Portfolio in Sonoma County Sells for $41MM
SAN FRANCISCO, CA, December 6, 2018 – HFF announces the $41.05 million sale of a four-property multi-housing portfolio totaling 201 units in the Sonoma County community of Rohnert Park,...