Bay Area Home Prices Trip up Jobs Growth
Bay Area housing affordability nightmare hits home, so to speak.
By Wolf Richter
Aug 14, 2017 -- What happens in a large urban market when a young couple with a household...
Washington Holdings Buys A Six-Building San Jose Property for $60MM
By Vladimir Bosanac
Seattle-based Washington Holdings, a commercial property investor with offices in Santa Clara, acquired the six-building North First Street Corporate Center in San Jose located on Daggett Drive...
Build and UDR Plan $84MM Apartment Development in San Francisco
By Jon Peterson
San Francisco-based Build and Denver-based UDR have come together to build a 136-unit apartment development in San Francisco located at 1532 Harrison Street. The total development cost...
1700 Broadway in Oakland Sells for $13.3MM
By Vladimir Bosanac
As Oakland’s Broadway corridor continues to garner attention, another asset in the neighborhood was sold earlier in the year to a partnership between HP Investors and LNG...
Alameda Office Complex and Development Site Sell for $60.45MM
By Vladimir Bosanac
In 2009 when global chip manufacturer Inter purchased Wind River Systems, the acquisition came with an office complex and a development site in Alameda where the organization...
Orchard Commons in San Jose Sells for $105MM
By Vladimir Bosanac
Menlo Park-based Lane Partners, a commercial real estate investor, developer and operator across the Bay Area, sold its Orchard Commons property in San Jose for $105 million,...
Investors Pay $23.75MM for Hilltop Mall in Richmond
By Vladimir Bosanac
In late July of 2017, LBG Real Estate Companies and Aviva Investors announced the purchase of the Hilltop Mall, a 1,100,000-square-foot regional mall in the East Bay...
Swift Sells One Concord Center for $70.5MM
By Jon Peterson
San Francisco-based Swift Real Estate Partners has sold the 358,589 square foot One Concord Center for $70.5 million, or approximately $197 per square foot, according to sources...
North San Jose Asset Next to Apple’s Land Sells for $48.5MM
By Vladimir Bosanac
Just a few months after New York City-based Brookfield Property Group acquired the 118,000 square foot property on 2300 Orchard Parkway in San Jose, the group flipped...
Paramount Group Pays $80MM to Increase Ownership Stake in 50 Beale Street
By Jon Peterson
New York City-based The Paramount Group has completed an $80 million equity investment to increase its ownership stake from 3.1 percent to 31.1 percent in the 661,000...
