Finance
Florida Pension Fund Allocated $100MM to Prologis
By Jon Peterson San Francisco-based Prologis has been awarded a $100 million allocation from the Tallahassee, Fla.-based Florida State Board of Administration. This will...
MKD Investments Acquires Industrial Asset in Livermore
By Jon Peterson San Francisco-based MKD Investments has paid $14 million or $77 per square foot to acquire the 181,554 square foot Livermore...
San Francisco Office Sales Nearing Record High
By Nancy Amdur San Francisco office sales are reaching near historic levels in 2014, mainly due to fast-growing technology companies and limited supply, real...
MetLife Buys First Industrial Site in San Francisco Bay Area
By Jon Peterson New York City-based MetLife has acquired its first industrial asset in the San Francisco Bay Area, according to sources who...
Invesco Sells East Bay Industrial Property at a $3MM Loss
By Jon Peterson Atlanta-based Invesco Real Estate has sold the 223,505 square foot North Hayward Corporate Center industrial complex in Hayward at a...
Village Oaks Shopping Center in San Jose Could Bring Sales Price in Excess of $100MM
By Jon Peterson The 300,000 plus square foot Village Oaks shopping center located at the corner of Highway 85 and Cottle Road in...
CalSTRS Allocated $300MM to Managers with San Francisco Bay Area Strategy
By Jon Peterson California State Teachers Retirement System has approved new real estate commitments totaling $300 million where the managers will be investing...
Troubled CMBS Loans Here to Stay
By Joe Gose News that the commercial mortgage-backed securities delinquency rate increased six basis points to 6.1 percent in August after 14 months...
Oakland Dreams Big With Coliseum City Project
By Neil Gonzales An ambitious mixed-use complex anchored by major professional sports teams in Oakland still faces plenty of financial and other hurdles...
TA Associates Buys San Jose Office/R&D Complex for $48.7MM
By Jon Peterson Boston-based TA Associates Realty has paid $196 per square foot or $48.7 million to acquire the 248,835 square foot North...
Hines and Angelo Gordon to Buy San Mateo Centre for $70.7MM
By Jon Peterson Houston-based Hines and New York City-based Angelo Gordon & Co. will be paying $325 per square foot or $70.7 million...
CalPERS Commits $600MM to Grow West Coast Apartment Portfolios
By Jon Peterson California Public Employees Retirement System has committed $600 million of equity into two partnerships that will invest capital into apartments...