Finance
FelCor Seeks Buyers for Embassy Suites in Milpitas
By Jon Peterson Irving, Texas, -based FelCor Lodging Trust Inc. has put the 266-room Embassy Suites Milpitas-Silicon Valley on the market for sale...
High Pricing Pulled Loja to Market
By Jon Peterson Strong buyer interest and a belief that the pricing for core retail assets in the Bay Area has reached a...
Hines to Earn 5 Percent on Rialto Building
By Jon Peterson Houston-based Hines expects to achieve an initial return of approximately 5 percent on its purchase of the 135,500-square-foot Rialto Building...
Ohio REIT Buys Oakland Whole Foods
By Jon Peterson Beachwood, Ohio, -based DDR Corp. has paid $41 million to acquire the 57,000 square-foot Whole Foods store in Oakland located...
Urdang Sells Newark Industrial Building to User
By Jon Peterson Plymouth Meeting, Pa., -based Urdang Capital Management Inc. expected a long-term hold when it bought Newark’s 238,000-square-foot 39889 Eureka Drive...
$100MM Nets Prudential Less than 4 Percent at 100 Spear St.
By Jon Peterson Prudential Real Estate Investors accepted an initial yield of less than 4 percent on its $100 million purchase of the...
Prudential Buys San Francisco’s 100 Spear for $100 Million
By Jon Peterson Newark, N.J., -based Prudential Real Estate Investors has acquired the 203,260-square-foot 100 Spear St. office building in downtown San Francisco...
Kimpton Raises $200MM in Equity For More Hotels
By Jon Peterson Kimpton Hotel & Restaurant Group LLC has raised $203 million in equity for its latest hotel investment fund and has...
Banking into the Teeth of the Storm
The tech boom has drawn capital galore. THIS ARTICLE WAS PUBLISHED IN THE ‘Q’ – THE REGISTRY’S PRINT PUBLICATION – IN JANUARY 2013 By Sharon...
Lenders Still Fear Condo Construction Market
By Jon Peterson Who will Tishman Speyer Properties Inc. and its Chinese development partner find to lend them the hundreds of millions of...
Essex Still Bullish on San Francisco
By Jon Peterson Essex Property Trust Inc. just can’t get enough of San Francisco. The Palo Alto-based real estate investment trust historically has...
Bay Area Retail Fractures Along New Economic Lines
By Sharon Simonson Strong merchant demand for premium Bay Area retail locations is escalating rents for newly built shop space from San Jose...