AEW Buys San Jose Office Building for $80.15MM
By Vladimir Bosanac
Boston-based AEW Capital Management is the new owner of the 162,800 square foot 303 Almaden Blvd. property in San Jose. It purchased the property from a partnership...
EOP/Blackstone Sells Two Industrial Buildings in Benicia for $30.5MM
By Jon Peterson
EOP/Blackstone has completed the sale of two industrial buildings totaling 499,512 square feet in Benicia for $30.5 million to Modesto-based Cranbrook Group, according to sources aware of...
NAIOP Video: A Conversation with Hamid Moghadam
This is the video recording of the fireside chat with Hamid Moghadam, Chairman and CEO of Prologis, hosted by the NAIOP San Francisco Bay Area Chapter on May 4,...
Station 1300 in Downtown Menlo Park Plans to Bring 205,000 SQFT of Office and...
By Jon Peterson
Station 1300, located at 1300 El Camino Real in downtown Menlo Park, is planning to kick off construction as early as August. This project’s two major components...
TH Real Estate Pays $48MM to Buy Apartment Complex in Walnut Creek
By Jon Peterson
New York City-based TH Real Estate has acquired the 116-unit Ivy Hill apartment complex in Walnut Creek for $48.1 million, or $414,655 per unit, according to public...
Allianz Seeks to Expand US Office Portfolio; Bay Area is one Target
By Jon Peterson
Allianz Real Estate wants to grow its office portfolio in the United States and has earmarked the San Francisco Bay Area as one of its targeted markets.
“The...
Griffin-American REIT Paid $48.5MM for NorCal Health-Care Assets
By Jon Peterson
Irvine, Calif.-based Griffin-American Healthcare REIT IV has paid $48.5 million to acquire a portfolio of senior housing properties in Belmont/Redwood City, Fairfield, Menlo Park and Sacramento, according...
Downtown San Mateo Office Building Placed on the Market for Sale
By Jon Peterson
An office building located at 444 South El Camino Real in San Mateo is now on the market for sale. The current owner of the property is...
San Francisco Non-Profit Buys Berkeley Building for $650/SQFT
By Jon Peterson
San Francisco-based California Advocates for Nursing Home Reform (CANHR) has paid $650 per square foot, or $2.8 million, to acquire the 4,280 square foot office building located...
Westin in San Jose Sells for $64MM or $374,269 Per Key
By Vladimir Bosanac
While the volume of hotel sales in the Bay Area and across the state of California has slowed in the last two years, as downtown San Jose...