Chinese Investors Buy Burlingame Hotel

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By Jon Peterson A Chinese investment group has acquired the 309-room Crowne Plaza San Francisco International Airport Hotel at 1177 Airport Blvd. in Burlingame, paying more than $29 million, or...

Chicago REIT Buys More Peninsula Apartments

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By Sharon Simonson Chicago-based Equity Residential, a huge owner of U.S. apartments, has acquired a 241-unit, two-tower complex in downtown San Mateo and plans a major renovation. The Townhouse Plaza and...

CityView Buys Berkeley Apartment Note at Steep Discount

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By Jon Peterson Los Angeles-based institutional real estate investor CityView has paid $66.8 million to acquire Berkeley’s 143-unit Arpeggio apartment complex, a cost well below the $91 million mortgage balance...
Intero, San Francisco, Bay Area, Berkshire Hathaway, HomeServices of America,

Mississippi REIT Buys More Hayward Industrial

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By Jon Peterson Jackson, Miss., -based EastGroup Properties Inc. has increased its East Bay industrial market presence with the purchase of the Wiegman Distribution Center II in Hayward for $7.5...

Barry Swenson Builder, Bridge Bank Take Hotel Plunge

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By Sharon Simonson Buoyed by locally thriving commercial property markets, San Jose-based Barry Swenson Builder is beginning construction on two extended-stay business hotels in Silicon Valley, adding 138 rooms to...

Embarcadero Capital Partners Take San Jose Property from Legacy

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By Sharon Simonson and Jon Peterson Belmont-based Embarcadero Capital Partners has acquired one of downtown San Jose’s most prominent office developments in a deed-in-lieu foreclosure with Foster City’s Legacy Partners...
Carter Validus Mission Critical REIT II, Inc. Completes $64.47 Million in Data Center and Healthcare Acquisitions

GI Partners Wants $1 Billion for New Technology Fund

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By Jon Peterson The California State Teachers Retirement System has made a $250 million commitment to a new commingled fund being sponsored by Menlo Park-based GI Partners. The private investment firm...
GI Partners, San Francisco, Data Infrastructure Fund, Equinix

Debt Comes Due on Santa Clara Data Center

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By Sharon Simonson Morningstar Credit Ratings LLC has added a $52.8 million loan backed by a Santa Clara data center to a credit watch list. But the designation is more...

Shoreline San Mateo Apartments Sell

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By Sharon Simonson A 28-unit San Mateo apartment complex with bayfront access has sold for not quite its $6.3 million asking price, or $225,000 a unit. The capitalization rate, or yield,...

South Bay Development Buys Cisco’s North First Street Land

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By Sharon Simonson Campbell-based South Bay Development Co. has acquired 30.75 acres in North San Jose from Cisco Systems Inc. for an undisclosed price. The property is entitled for 620,000 square...

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