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...
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...
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...
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...
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.,...
