Finance
Foreign Pension Fund Extends Debt On San Francisco Offices
By Jon Peterson Newport Beach-based Buchanan Street Partners, on behalf of a foreign pension fund, has provided a $14 million mezzanine loan to...
Investor Nabs Silicon Valley Offices for $119 Million
By Jon Peterson New York City-based Deutsche Asset & Wealth Management, formerly known as RREEF Real Estate, expects to achieve an initial yield...
Prologis Buys South San Francisco Truck Terminal
By Jon Peterson San Francisco-based Prologis Inc. has paid $15.6 million, or $654 a square foot, for a 23,840-square-foot industrial property on 201...
CityView Finances Foster City Redevelopment
By Jon Peterson Los Angeles-based CityView plans to provide $26 million in equity to finance a new $74 million mixed-use development in Foster...
Canadian Investor Plans Overhaul of Mission West Portfolio
By Jon Peterson Two Canadian companies investing pension fund money have acquired all but a sliver of the equity in the former Mission...
CalPERS Eyeballs Bay Area Industrial Assets
By Jon Peterson San Francisco Bay Area industrial properties are among those targeted for a new industrial investment partnership funded by the California...
Walton Street Capital Buys Interest in Fairmont Residences
By Jon Peterson Chicago-based Walton Street Capital LLC has invested $28.5 million in the Fairmont Heritage Place, Ghirardelli Square, a private club that...
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...