Finance
Google Pays $88MM to Buy Two-building Complex in San Bruno, the Home of YouTube
By Jon Peterson Mountain View-based Google has closed on its $88 million acquisition of the 196,000 square foot (roughly $448 per square foot)...
Apple Buys North San Jose Site for $138MM, Plans Office/R&D Structure
Apple Inc. has been reported as the buyer of the 43-acre development parcel known as the “n1 Campus” in North San Jose. The...
Shorenstein Recapitalizes San Francisco’s Market Square for $900MM, Retains 2 Percent Interest
By Jon Peterson New York City-based J.P. Morgan Asset Management has put under contract the recapitalization of the 1.1 million square foot Market...
Kennedy Wilson Grows Portfolio in Sacramento with $100MM Buy and More Than Tripling of Another Asset
By Jon Peterson Beverly Hills-based Kennedy Wilson has increased its acquisition efforts in Sacramento with the $100 million purchase of the 612-unit Slate...
CenterCal Properties to Buy Chevron Building for Retail Redevelopment in Concord for $42MM
[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d12580.830355619171!2d-122.05885060000001!3d37.97228450000002!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x808566c725837a37%3A0x9cd033b8580591f9!2s2001+Diamond+Blvd%2C+Concord%2C+CA+94520!5e0!3m2!1sen!2sus!4v1438235551832&w=600&h=450] By Jon Peterson El Segundo-based CenterCal Properties is in the process of paying approximately $42 million, or $73 per square foot,...
PCCP Pays $19.6MM for Four Building Portfolio in Alameda
PCCP, a real estate finance and investment management firm focused on commercial real estate debt and equity investments with offices in New York,...
San Francisco Mid-Market Office Portfolio Up for Sale
[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d6307.2051450229255!2d-122.41582479999995!3d37.775915999999995!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x8085809c56998519%3A0x9a3b68a84d9b1346!2s1370+Mission+St%2C+San+Francisco%2C+CA+94103!5e0!3m2!1sen!2sus!4v1438113201717&w=600&h=450] By Nancy Amdur With San Francisco’s Mid-Market neighborhood seeing much new development, an office portfolio at 1340-1370 Mission St. was recently...
Scannell Properties to Develop Three Bay Area Industrial Projects
By Jon Peterson The Lafayette office Scannell Properties is planning to engage as an active developer of industrial projects in Northern California going...
Transbay Joint Powers Authority Plans Public Auction Sale of Parcel F
By Jon Peterson The San Francisco-based Transbay Joint Powers Authority (TJPA) will be holding a public action in order to dispose of its...
Industrial Property Trust Pays Nearly $13MM for Industrial Asset in Richmond
By Jon Peterson Denver-based Industrial Property Trust has paid $12.9 million or $103 per square foot to buy the 124,484 square foot industrial...
Record Retail Sale in Campbell at $700 Per Square Foot
A small, and almost unnoticeable retail sale in Campbell last week set a new per square foot record for a retail property in...
Swift Pays $97MM for Two Properties in Santa Clara & Sacramento
By Jon Peterson San Francisco-based Swift Real Estate Partners has acquired the 295,000 square foot Airport Technology Park office/R&D property located at 2890...