Finance
Essex Buys More San Francisco Apartments
By Jon Peterson Essex Property Trust Inc. has paid $96 million, or $653,000 a unit, to acquire the Bennett Lofts complex in the...
Avalon Bay Sells San Francisco South of Market Apartments
By Jon Peterson Arlington, Va.-based AvalonBay Communities Inc. has sold the Avalon Yerba Buena apartment property at 788 Harrison St. in San Francisco...
Southern California Investor Buys Tracy Apartments
By Jon Peterson San Diego-based MG Properties Group has paid $25.25 million to purchase the 156-unit Waterstone Apartments in Tracy, earning a 5.8...
Martin Building Co. Plans $60MM Apartment Project in Downtown San Francisco
By Jon Peterson Martin Building Co. owner Patrick McNerney says he is in no way spooked by the fat pipeline of new apartments...
Health Care Company Buys San Francisco Building
By Jon Peterson San Francisco-based North East Medical Services has paid $2.85 million, or $258 a square foot, to acquire the approximately 11,000-square-foot...
TIAA-CREF Buys Mountain View Shopping Center
By Jon Peterson New York City-based TIAA-CREF has acquired the 133,000-square-foot Charleston Plaza shopping center at 2400 Charleston Road in Mountain View, accepting...
Greystar, Goldman Sachs Buy East Bay Transit-Oriented Apartments
By Jon Peterson Greystar Real Estate Partners will more than double its ownership exposure to the San Francisco Bay Area apartment market with...
Kennedy Wilson sells Napa Property, Plans $500MM in West Coast Buys
By Jon Peterson Kennedy Wilson has sold Napa’s 66-unit Rutherford Townhomes apartments to a private Japanese investor for $8.7 million as the Beverly...
Pau Gets Trial Date
By Sharon Simonson Peter Pau, the one-time redeveloper of the Sunnyvale Town Center, may finally be getting his day in court. More than...
Divco, TPG See South Silicon Valley Rising
| By Sharon Simonson | With their nearly $800 million purchase of the Mission West Properties portfolio, San Francisco-based Divco West and global investment...
Tennessee Pension Fund Buys 343 Sansome
By Jon Peterson Nashville-based Tennessee Consolidated Retirement System has paid $105.75 million to acquire the 260,000-square-foot 343 Sansome office building in downtown San...
Kennedy Wilson Buys Lake Tahoe Resort At Substantial Discount
By Jon Peterson Kennedy Wilson Holdings Inc. and an investment partner have acquired the 170-room Ritz-Carlton, Lake Tahoe resort hotel and the 23-unit...