Finance
Private Funds Look to Deploy Dry Powder—But in the Bay Area?
By Joe Gose The Bay Area’s job growth continues to propel a wave of real estate capital hunting for investments into the market,...
Kinship and SIMEON Buy Two Office Properties in Sunnyvale for $55MM
By Jon Peterson Chicago-based Kinship Capital and San Francisco-based SIMEON Commercial Properties have formed a joint venture to acquire two office buildings in...
Beacon Capital to Test the Market in San Francisco With Sale of 888 Brannan
By Jon Peterson Boston-based Beacon Capital Partners will test the office building sales market in San Francisco as it has plans to bring...
South San Francisco’s $21MM Sale Shows Strength of Proximate Sub-Markets
Technology tenants driving up leasing costs in San Francisco is hardly news anymore. Value add developers have had a healthy flow of demand...
Shorenstein Plans Apartment Developments in San Francisco and Berkeley
By Jon Peterson San Francisco-based Shorenstein Properties has plans in mind to develop new apartment complexes in San Francisco and Berkeley over the...
USAA, Admiral Capital and South Bay Development Sell Santa Clara Building for $24MM
By Jon Peterson The San Francisco office of USAA Real Estate Company, San Antonio, Texas-based Admiral Capital Group and Campbell-based South Bay Development...
Rubicon Sells Assets in Silicon Valley to Two Family Offices for $40MM
By Jon Peterson San Francisco-based Rubicon Point Partners has sold two office buildings in Mountain View and Palo Alto to un-named family offices....
Record $1MM Per Room Sale Price for Mandarin Oriental Hotel in San Francisco
By Jon Peterson The pending acquisition of the 158-room Mandarin Oriental in San Francisco will create a new record price paid on a...
BART Plans $408MM Redevelopment Project in Hayward
By Jon Peterson Oakland-based Bay Area Rapid Transit is planning a major redevelopment project in Hayward that will have a total development budget...
Equinix Announces Land Purchase in San Jose for $38MM
In its fourth quarter 2014 10-K report submitted to the Securities and Exchange Commission, Redwood City-based data center and storage company Equinix, Inc. announced...
KTR Capital Buys Industrial Property in San Leandro
By Jon Peterson New York City-based KTR Capital Partners has paid $9.5 million or $77 per square foot to acquire the 121,890 square...
Burlingame Sale to Chinese Investors Could Spark More Asian Investment on the Peninsula
By Neil Gonzales The recent purchase of Burlingame Point—the scenic shoreline site of a future global commercial campus—by a China-based investment group could...