Finance
DM Development, Ascentris Close on 152-Unit 321 Florida in San Francisco’s Mission With $61.7MM PNC Construction Loan
The project, refined since its 2021 approval, will deliver 152 apartments, 15 of them affordable, in late 2028, as county rents climb 15.7...
Rockefeller Group’s 442,000 SQFT Black Diamond Industrial Center in Antioch Hits Market for Sale or Lease
Rockefeller Group's completed 441,841-square-foot Black Diamond Industrial Center in Antioch is available for sale or lease, pitched below I-880 rents.
Brookfield, Coastal Ridge Acquire 260-Unit The Grad Student Tower in Downtown San Jose for $204.8MM
The 1,035-bed purchase comes as Bay Area apartment deliveries fall to their lowest level since 2013 and national student housing preleasing nears 90...
Clarion Partners Puts Meta-Anchored, 410,000 SQFT Gateway 84 Advanced Manufacturing Campus in Newark on the Market
BioMed Realty has hired JLL to sell Gateway 84, a three-building, 2021-vintage manufacturing campus on Newark's Gateway Boulevard where Meta occupies more than...
Lincoln Property, New York Life Pay $37.5MM for 150,000 SQFT Hayward Warehouse
A 1977 Hayward warehouse that PPF Industrial bought for $14.3 million in 2016 has sold for $37.5 million to a Lincoln Property and...
IRA Capital Affiliate Buys Rubicon Point’s 29,000 SQFT UCSF-Leased Outpatient Building at 1263 Mission Street for $19.1MM
An affiliate of Irvine-based healthcare investor IRA Capital paid $19.125 million for the fully leased UCSF @ SoMa outpatient building at 1263 Mission...
Academy of Art Moves to Foreclose on Tony Garnicki Affiliate Over $3.6MM Seller Loan at 2300 Stockton in San Francisco
Four months after Academy of Art University sold its former office building at 2300 Stockton Street to an affiliate of investor Tony Garnicki,...
Palo Alto Agrees to Buy 7-Acre Portion of Cubberley Community Center from School District for $65.5MM
The conditional deal, priced about $450,000 above the top of the city's 2024 appraisal range, would combine ownership of the 35-acre campus ahead...
Sterling Organization Buys Safeway-Anchored Center in Pleasanton for $79.1MM in Portfolio Deal
A Florida retail investor has added two Bay Area grocery centers and its first Hawaii property to a core fund built around a...
Davis Pays $17M for 65,000 SQFT San Jose R&D Building in Purchase From Office Properties Income Trust
Boston-based Davis paid $17 million for the roughly 65,000-square-foot R&D building at 51 Rio Robles in North San Jose, buying it from an...
Fully Leased 100,000 SQFT 101 Redwood Shores Office Building on the Market in Redwood City
A four-story Class A office building on Redwood City's bayfront, leased in full to software company Zuora and occupied by drugmaker Corcept Therapeutics...
Diamond’s Snowflake- and WeWork-Leased 306,000 SQFT Concar Campus Still on the Market in San Mateo, Seven Years After $320MM Buy
The fully leased, 2017-vintage office campus beside San Mateo's Hayward Park Caltrain station has been on offer since early summer, putting a price...
