Finance
Hines’ $180MM Office Project in San Mateo Starts Construction
By Jon Peterson The new 305,000 square foot 400/450 Concar project in San Mateo broke ground recently, and the $180 million office development...
47-Unit Oakland Condo Building Sells for $15.9MM
In a continually escalating Oakland housing market, one local developer saw the shine on a previously empty Jackson Courtyard Condominiums, and decided to...
Carlyle Realty and Bascom Group Make $45MM Emeryville Apartment Purchase
Irvine-based The Bascom Group, in partnership with an investment by Carlyle Realty Partners, acquired Emeryville’s 220-unit Bridgecourt Apartments for a reported $205,000 per...
Pacific Eagle Holdings Enters San Francisco Condo Market with $21MM Deal
By Jon Peterson After 22 years in the city as a commercial owner, San Francisco-based Pacific Eagle Holdings Corporation has moved into the...
Integral Communities Sells Milpitas Site to Lyon Communities for $22MM
Lyon Communities wants more of Northern California. The Newport Beach-based apartment community developer confirmed the purchase of a roughly 5-acre site in Milpitas for $22 million from...
Hall Equities Buys Industrial Asset in Walnut Creek for $12MM
By Jon Peterson A hometown investor has acquired an industrial property in Walnut Creek. Hall Equities Group has paid a little more than...
San Mateo Transforming With Office, Residential Projects Coming Online
By Nancy Amdur A wave of new office and residential space is heading toward San Mateo with two significant development projects planned near...
Morgan Stanley Buyer of Tibco’s Palo Alto Campus for $330MM
Morgan Stanley Real Estate Investing has purchased the Stanford Research Park's Tibco headquarters, a four-building, 292,000 square-foot complex at 3301-3307 Hillview Ave. in Palo Alto...
Lennar Continues Bay Area Expansion with $25MM Milpitas Buy
Miami-based builder Lennar Corp. is further entrenching itself into the Bay Area by taking a development site in Milpitas for a reported $25...
Gramercy Property Trust Buys San Jose Property for $44MM
In its fourth quarter and full year 2014 financial results, Gramercy Property Trust disclosed that it had recently purchased the 207,006 square foot,...
Weingarten Pays $49MM for Shopping Center in San Jose
By Jon Peterson Houston-based Weingarten Realty Investors has paid $49 million or roughly $288 per square foot to acquire the 170,427 square foot...
Alliance Residential to Re-enter Bay Area Apartment Market
By Jon Peterson Phoenix-based Alliance Residential is planning to re-enter the greater San Francisco Bay Area apartment market for the first time since...
