Finance
Bentall Kennedy Buys 375K SQFT Industrial Building in Oakland
By Jon Peterson Seattle-based Bentall Kennedy has acquired the 8350 Pardee Drive 374,725 square foot industrial building in Oakland in the range of...
Prologis Sells Two Land Parcels in Tracy Project to FedEx and Medline
https://youtu.be/annZOXLQdj4 By Jon Peterson San Francisco-based Prologis has sold two land parcels in the 1.4 million square foot Prologis International Park of Commerce...
Swig Puts 274 Brannan in San Francisco on the Market
By Jon Peterson The Swig Company is hoping to earn a nice profit on its planned sale of the 105,325 square foot office...
Prudential Buys Mixed-Use Asset in Berkeley for $486 Per Square Foot
By Jon Peterson Newark, N.J.-based Prudential Real Estate Investors has paid $23 million or $486 per square foot to buy the 47,281 square...
Prologis Anticipates to Earn a 5.5 Cap Rate on Deal with KTR Capital
By Jon Peterson San Francisco-based Prologis is expecting to achieve a 5.5 percent cap rate on the 322 industrial properties that it is...
Stars Aligned for Bay Area Hotels
By Joe Gose A robust business climate combined with strong convention and tourism trade are transforming the San Francisco Bay Area into one...
Oakland Tower Sold to Calif. Nurses for $65MM
The California Nurses Association is the reported new owner-occupier of the Oakland Class-A office building at 155 Grand Avenue. The union acquired the...
Tishman Speyer Nears Placing 160 Spear Under Contract for Estimated $197MM
By Jon Peterson New York City-based Tishman Speyer is getting close to putting under contract the acquisition of the 295,000 square foot 160...
Legacy Partners Commercial Renames to SteelWave
One of Bay Area’s stalwarts, Legacy Partners Commercial, has renamed to SteelWave, according to information shared on the company’s LinkedIn page. It appears...
South Bay Development Sells R&D Asset in Milpitas at 9.5% Cap Rate
By Jon Peterson Campbell-based South Bay Development Company has sold the 77,200 square foot R&D facility at 195 South Milpitas Boulevard in Milpitas...
SunCal Out as Field of Master Developers in Concord Comes to Two
After several weeks of deliberation, the staff of the City of Condord made a recommendation at the City Council meeting yesterday that Catellus...
Bridgeton Holdings Buys Second Asset in San Francisco for $16MM
By Jon Peterson New York City-based Bridgeton Holdings has paid $16 million or $400 per square foot to acquire the 40,000 square foot...