Finance
DWS to Buy 49% Interest in 525 Market in San Francisco for ~$608MM
By Jon Peterson New York City-based DWS, formerly known as RREEF, will be the buyer of a 49 percent interest in 525 Market...
Safeway-Anchored Retail Center in San Jose Bought by Weingarten Realty for $95.7MM
By Meghan Hall Stevens Creek Central, a busy shopping center located right off of the Lawrence Expressway and Interstate 280 in San Jose,...
857-Acre Parcel for Sale in Napa Valley; Pricing Guidance is at $50MM
(EDITOR’S NOTE: According to sources with knowledge of the property, the pricing guidance for the land is at $50 million.) SAN FRANCISCO, November...
Rockpoint Group Pays $190.5MM to Acquire Treat Towers in Walnut Creek
By Jon Peterson Boston-based The Rockpoint Group has closed on the acquisition of the Treat Towers office complex in Walnut Creek for $190.5...
LBA to Close on Final Capital Raise for New $1B Industrial Fund
By Jon Peterson Irvine, Calif.-based LBA Realty is planning to have a fourth-quarter, final close on its latest commingled fund called LBA Logistics...
Latham Square in Oakland up for Sale, Pricing Could go to $83MM
By Jon Peterson San Francisco-based Sansome Street Advisors has decided to place on the market for sale the 118,295 square foot Latham Square...
950 S. Bascom Avenue in San Jose Trades for $18.5MM
950 S. Bascom Avenue, a 70,000 square foot, multi-tenant office building built in 1985 and located in the heart of San Jose, California was...
Embarcadero Capital to Sell Office/R&D Asset in Pleasanton, Pricing Could Reach $19MM
By Jon Peterson Belmont-based Embarcadero Capital Partners has placed on the market for sale the 104,741 square foot office/R&D asset Arroyo Center in Pleasanton....
Three-Level Garage in San Francisco’s Jackson Square Posted for Sale
By Meghan Hall The Jackson Square neighborhood has seen several properties come up for sale in recent months, and increasing numbers of investors...
Dermody Properties Buys Fremont Facility for $18.6MM
(EDITOR’S NOTE: According to public documents filed with the county, the property sale closed on August 20th, 2019 for $18,625,000.) FREMONT, Calif. – Dermody Properties,...
In an Effort to Preserve Open Space, City of San Jose Votes Unanimously to Approve $93MM Purchase of Coyote Valley Property
By Meghan Hall In the Bay Area’s current development climate, every last bit of space seems to be snapped up for redevelopment. Urban...
Urban Land Development Acquires 150 Post in San Francisco for ~$94MM
(EDITOR’S NOTE: According to sources familiar with the details of the transaction, the sale closed for around $94 million, or $800 per square...