Martin Building Co. Plans $60MM Apartment Project in Downtown San Francisco

By Jon Peterson Martin Building Co. owner Patrick McNerney says he is in no way spooked by the fat pipeline of new apartments slated for delivery in San Francisco over...

Health Care Company Buys San Francisco Building

By Jon Peterson San Francisco-based North East Medical Services has paid $2.85 million, or $258 a square foot, to acquire the approximately 11,000-square-foot office building located at 369 Broadway St....

TIAA-CREF Buys Mountain View Shopping Center

By Jon Peterson New York City-based TIAA-CREF has acquired the 133,000-square-foot Charleston Plaza shopping center at 2400 Charleston Road in Mountain View, accepting an initial yield, or capitalization rate, of...
Intero, San Francisco, Bay Area, Berkshire Hathaway, HomeServices of America,

Greystar, Goldman Sachs Buy East Bay Transit-Oriented Apartments

By Jon Peterson Greystar Real Estate Partners will more than double its ownership exposure to the San Francisco Bay Area apartment market with its acquisition of three East Bay complexes...
Napa, Silicon Valley Bank, North Bay, Trefethen Estates, St. Helena, Santa Rosa, Portland, Pacific Northwest, Wine Business Monthly

Kennedy Wilson sells Napa Property, Plans $500MM in West Coast Buys

By Jon Peterson Kennedy Wilson has sold Napa’s 66-unit Rutherford Townhomes apartments to a private Japanese investor for $8.7 million as the Beverly Hills-based international real estate buyer seeks to...

Pau Gets Trial Date

By Sharon Simonson Peter Pau, the one-time redeveloper of the Sunnyvale Town Center, may finally be getting his day in court. More than three years since the massive redevelopment went into...
SiliconSage, San Jose, Willow Glen, Santa Clara, Sunnyvale, Fremont, 1821 Almaden Road, Silicon Valley housing

Divco, TPG See South Silicon Valley Rising

| By Sharon Simonson | With their nearly $800 million purchase of the Mission West Properties portfolio, San Francisco-based Divco West and global investment firm TPG are banking on the turnaround...

Tennessee Pension Fund Buys 343 Sansome

By Jon Peterson Nashville-based Tennessee Consolidated Retirement System has paid $105.75 million to acquire the 260,000-square-foot 343 Sansome office building in downtown San Francisco. The pension fund bought the property through...

Kennedy Wilson Buys Lake Tahoe Resort At Substantial Discount

By Jon Peterson Kennedy Wilson Holdings Inc. and an investment partner have acquired the 170-room Ritz-Carlton, Lake Tahoe resort hotel and the 23-unit Ritz-Carlton Club, Lake Tahoe condominiums in Truckee...
San Francisco, housing, Bay Area news, San Francisco real estate news, Perkins Coie, Trumark Urban, Polaris Pacific, planning commission

Pension Fund Investor Pays Good Price for Sansome Offices

By Jon Peterson Washington, D.C.-based Multi-Employer Property Trust, an open-ended commingled real estate equity fund, has paid approximately $450 a square foot, or $159 million, to acquire 475 Sansome St.,...

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