Divco Plans $260MM Purchase of South Bay, Peninsula Buildings
By Jon Peterson
San Francisco-based Divco West Properties is eyeballing a $260 million investment in multiple Silicon Valley and Peninsula buildings including three in San Mateo, two in San Jose...
Swift Realty Fundraising Reaches Capital Benchmark
By Sharon Simonson
San Francisco-based Swift Realty Partners has secured approximately $75 million in investment commitments for its first private real estate fund, which is targeting value-add opportunities in West...
East Bay Industrial Draws Private Equity Interest
By Jon Peterson
New York City-based KTR Capital Partners is on the cusp of investing more than $56 million in two East Bay industrial properties in Hayward and San Leandro.
The...
Leasehold Interest in San Francisco Hotels Earn 8.5 Percent Yield
By Jon Peterson
Bethesda, Md., -based LaSalle Hotel Properties has achieved an 8.5 percent capitalization rate with its purchase of leasehold interests in two downtown San Francisco hotels.
According to Milwaukee,...
Essex Pays Top Dollar for Mountain View Apartments Near Google
By Jon Peterson
Palo Alto-based Essex Property Trust Inc. has paid $42.5 million to acquire the Regency at Mountain View apartments at 333 Escuela Ave. in Mountain View, citing the...
Drawbridge Achieves 8.5 Percent Yield on Sonoma County Purchase
By Jon Peterson
A single-tenant office complex in Santa Rosa occupied by global medical technology company Medtronic Inc. is producing an 8.5 percent return for San Francisco-based Drawbridge Realty Trust.
“This...
San Francisco’s BRE Properties Subject of Purchase Offer
By Sharon Simonson
Connecticut-based real estate investment advisor and shareholder Land and Buildings is seeking to acquire San Francisco-based apartment landlord BRE Properties Inc., offering $60 a share, a 16...
Kaiser Buys Mission Bay Medical Office Building from Alexandria
By Jon Peterson
San Francisco-based Kaiser Permanente Northern California has agreed to acquire a 210,000-square-foot, to-be-developed medical office building from Pasadena-based Alexandra Real Estate Equities for $55.2 million at 1600...
Invesco, CalPERS Look for Green in the Dublin Hills
By Jon Peterson
Atlanta-based Invesco Real Estate has paid $105.4 million in cash to buy the 305-unit Avalon at Dublin Station I apartments. It is its first purchase for a...
Ohio Real Estate Investment Trust Buys Salinas Shopping Center
By Jon Peterson
Cincinnati-based Phillips Edison-ARC has paid $22.7 million to buy Salinas’ Boronda Plaza, a not-quite 100,000 square-foot grocery-anchored shopping center.
The seller was Costa Mesa-based Donahue Schriber, a private...
