Finance
Drawbridge Realty Pays $219MM for Databricks-Leased 180,000 SQFT Office at 100 Altair Way in Sunnyvale
Drawbridge now owns two fully leased tech office buildings near Caltrain in downtown Sunnyvale, where Databricks occupies about 635,000 square feet and the...
Outshine Properties-Linked Group Buys 241,000 SQFT RATIO Innovation Campus in Emeryville for $63.5MM, Half Beacon Capital’s 2020 Price
A New York investment group tied to life science specialist Outshine Properties has picked up Emeryville's RATIO Innovation Campus for $63.5 million, a...
Starbucks-Anchored Shops at Foster Square in Foster City Returns to Market at $20.3MM, 7% Cap
Shops at Foster Square, a 2017-vintage Foster City retail center anchored by Starbucks and a U.S. Postal Service branch and filled out with...
Nuveen Acquires 174,000 SQFT Marigold Center in San Luis Obispo From First Washington Realty for $58.25MM
Nuveen Real Estate paid $58.25 million for Marigold Center, a 91.6 percent leased, Vons-anchored community center on San Luis Obispo's Broad Street corridor,...
Regional Operator Acquires 34-Unit Mission Villa Memory Care Community in Daly City for $10.65MM
A regional owner-operator has acquired Mission Villa Senior Living, a 34-unit memory care-focused assisted living community at the foot of San Bruno Mountain...
Golden Gate University Eyes Contemporary Jewish Museum’s 63,000 SQFT Libeskind Landmark at 736 Mission Street for New Home
Three weeks after selling its 536 Mission Street campus to Lincoln Property Co., Golden Gate University has emerged as a potential buyer for...
San José Fights for Opportunity Zones 2.0 Tracts as State Backs 15 of 36 City Picks
San José officials lobbied Sacramento and Washington to secure 36 priority census tracts under the newly permanent federal Opportunity Zones 2.0 program, but...
McNellis: Real Estate Beyond the Basics
A mortgage broker heard our talk to Menlo College students and wrote back with a sharper point: in commercial real estate, the real...
FAA Taps Walsh Federal for $148.8MM Air Traffic Control Tower at Sacramento International Airport
The FAA's design-build award to Walsh Federal moves Sacramento International Airport's long-delayed tower replacement toward a summer 2027 groundbreaking, with a new north...
Rialto Takes Back 35,000 SQFT 580 Market St. Office After Paragon’s $17.5MM Debt Goes Unpaid
Paragon Company paid about $690 per square foot for the 1907-built Market Street building in 2015. It has now been appraised at about...
Stay Cal Hospitality Buys 181-Room Courtyard Newark Silicon Valley for $12MM
San Mateo-based Stay Cal Hospitality is adding a Marriott-branded select-service hotel on Newark Boulevard to a Bay Area portfolio that runs from San...
Trepp: Parkmerced Skews San Francisco’s Multifamily Risk as AI Fuels Nation-Leading Rent Growth
A new Trepp risk ranking puts San Francisco near the top of the West's most stressed multifamily markets, but the firm's own analysts...
