The Evergreen Company and UAIC Development Co. Purchase Sacramento’s Emerald Tower for $127MM
(EDITOR'S NOTE: According to public documents, the asset, located at 300 Capitol Mall, traded for $127 million. The sellers had originally paid $130 million when they bought the property...
Kennedy Wilson Buys First Oakland Apartments
By Jon Peterson
Beverly Hills-based Kennedy Wilson captured a 5.7 percent going-in yield on its newly acquired Regency Tower Apartments in the Lake Merritt neighborhood of Oakland.
Now the international real...
DCT Pays $30.5MM for Two Industrial Assets in Hayward
By Jon Peterson
Denver-based DCT Industrial Trust paid $30.5 million to acquire 448,000 square feet of industrial space in Hayward, according to sources familiar with the property. This transaction involved...
Acadia Returns Vacant 146 Geary in San Francisco to Lender Estimating 42% Drop in...
In a dramatic turn of events that underscores the ongoing crisis in downtown San Francisco property values, the owner of a prime four-story building in Union Square has surrendered...
Grosvenor Buys San Jose Apartment Complex for $160MM
As housing continues to be of very limited supply across the region, more investors are buying into the market where demand seems unabated. Grosvenor Americas, the U.S. arm of...
Qualcomm-Leased 19,700 SQFT Office/R&D Asset in Santa Clara Refinanced with $5.2MM Permanent Loan
Santa Clara Office/R&D Facility 100% Occupied by Qualcomm at Location Adjacent to Firm’s Regional Campus; Life Company Lenders Still Able to Fund High Quality Office at Attractive Rates
Santa Clara,...
Voracious Essex Continues To Buy
By Sharon Simonson
Palo Alto landlord Essex Property Trust Inc. has acquired Park West apartments in San Francisco and the former Waterstone Santa Clara in Santa Clara for not quite...
$19.6MM Acquisition Loan Arranged for 103,000 SQFT Fairmont Shopping Center in Pacifica
(EDITOR’S NOTE: The sales price on the property was $39 million, and the property was purchased in August according The Registry’s previous reporting. The seller of the property was a...
Foley Entertainment Group Acquires Majority Stake in Sonoma County’s 25-Room Farmhouse Inn
By The Registry Staff
Wine and hospitality tycoon Bill Foley is once again making waves in California's Sonoma County with his latest strategic acquisition. The Foley Entertainment Group has secured...
HFF Closes $50MM Sale of 200 Middlefield Road in Menlo Park, Calif.
(EDITOR'S NOTE: According to public documents reviewed by The Registry, the buyer was an entity associated with TIAA-CREF.)
SAN FRANCISCO, CA - HFF announced today that it has closed the...
