Finance
Lenders Cover 90 Percent of Jay Paul’s Initial Phase of Moffett Place Project in Sunnyvale
By Jon Peterson A consortium of 12 lenders have come together to cover 90 percent of the total cost of the initial 943,056...
Canadian Pension Fund Moves into San Francisco Office Market with Hudson Pacific Venture
By Jon Peterson Toronto-based Canada Pension Plan Investment Board has moved into the San Francisco office market for the first time by investing...
Palo Alto Refinancing Deal Highlights Shifts in CMBS and Loan Servicing Strategies
By Joe Gose A $38.6 million conduit refinancing of 529 Bryant St. in Palo Alto that provided owner Menlo Equities the opportunity to take...
2014 Was A Great Year for Real Estate in the Bay Area
The fact that Bay Area’s real estate market had a stellar 2014 is hardly news for anyone even remotely involved in the commercial...
BioMed Plans $149MM Redevelopment in Foster City
By Jon Peterson San Diego-based BioMed Realty Trust is now planning a $149 million redevelopment project in Foster City called Lincoln Centre on...
Jamestown to Buy 731 Market in San Francisco for $700 Per Square Foot
By Jon Peterson Atlanta-based Jamestown is in the process of buying the 93,107 square foot office building 731 Market Street in San Francisco...
PS Business Parks Purchase in San Jose; Details Behind the Deal
By Jon Peterson Glendale, Calif.-based PS Business Parks has paid $16 million or $134 per square foot to acquire the 119,000 square foot...
Rubicon Buys First Asset in San Bruno for $45MM
By Jon Peterson San Francisco-based Rubicon Point Partners has acquired its first property in San Bruno with the acquisition of the approximately 150,000...
Details Emerge on Ellis Partners’ Purchase of 180 Grand in Oakland
By Jon Peterson San Francisco-based Ellis Partners has acquired the 277,030 square foot 180 Grand office building in downtown Oakland. The purchase price...
Highridge Provender Pays $15MM for Freezer Distribution Asset in Richmond, CA
By Jon Peterson Irvine-based Highridge Provender has paid $15 million or $136 per square foot to acquire the 109,594 square foot freezer distribution...
Prudential Buys 2305 Mission College Blvd. in Santa Clara for $95MM
By Jon Peterson Madison, New Jersey-based Prudential Real Estate Investors has acquired the 358,000 square 2305 Mission College Blvd. office/R&D facility in Santa...
Los Angeles Pension Fund Closes on $90MM worth of Deals through Stockbridge
By Jon Peterson The Los Angeles County Employees Retirement Association has closed on three acquisitions totaling $90 million in the San Francisco Bay...
