Rising Rents Push Manufacturer to Buy in Silicon Valley
By Sharon Simonson
Skyrocketing rental rates in its Sunnyvale hometown drove biomedical device-maker Zoll Medical Corp. to search for alternate digs and ultimately to buy a manufacturing building in San...
Los Angeles Pension Fund Awards $200 Million to Stockbridge
By Jon Peterson
San Francisco-based Stockbridge Capital Group has been allocated $200 million by the Los Angeles County Employees Retirement Association for a new separate account to invest in real...
Rockwood Capital Pursues San Francisco Design District Redevelopment
By Jon Peterson
White Plains, N.Y., -based Rockwood Capital LLC has paid $4.1 million an acre for a Showplace Square site near the California College of the Arts where it...
Deep Discount for CBRE in San Jose
By Jon Peterson
Los Angeles-based CBRE Global Investors got such a good deal on the 506-room San Jose Marriott Hotel that it has made the downtown Convention Center property its...
Boston Properties Builds San Francisco, Exits Downtown San Jose
By Sharon Simonson
Even as office landlord Boston Properties aggressively pursues San Francisco office construction, including speculative development, and beefs up its ownership in Mountain View, it is shedding assets...
More Speculative Development Planned for Silicon Valley
By Jon Peterson
Principal Real Estate Investors, the equity behind development of 57 acres in North San Jose once owned by Cisco Systems Inc., expects to undertake speculative development on...
Mountain View’s Climbing Ticket Price Doesn’t Faze
By Jon Peterson
The heady purchase price for a downtown Mountain View office building paid by Silicon Valley’s Menlo Equities brought little excitement from South Bay brokers who said the...
Synaptics Headquarters’ Price Trades Down
By Sharon Simonson
Silicon Valley technology company Synaptics Inc. reduced the sale price of its Santa Clara headquarters to Orchard Partners and Apollo Global Real Estate by more than $1.5...
Ridge Capital Likes North San Jose
By Jon Peterson
San Francisco-based Ridge Capital Investors is targeting an 8 percent return for a nearly 100,000 square-foot North San Jose research and development building at 3001 Orchard Parkway.
Ridge...
Kennedy Wilson Gooses Yields with East Bay Buys
By Jon Peterson
Beverly Hills-based Kennedy Wilson expects to earn nearly a 6 percent going-in yield on its purchase of the 188-unit Montelena Apartments in Hayward.
The real estate investment company...
