Finance
Highway 92 Corridor Office Sale Highlights Investor Interest in San Mateo County
By Nancy Amdur Boston-based real estate private equity firm Rockpoint Group LLC recently padded its Bay Area portfolio by purchasing the three-building BayCenter...
Lockheed Moves Ahead with Plans for Land Sale in Stanford Research Park
By Jon Peterson Bethesda, Md.-based Lockheed Martin has announced it is intending to sell 10 acres of land located within the Stanford Research...
Columbia Property Trust Deal on 650 California Earns 3.6 Cap Rate
By Jon Peterson Atlanta-based Columbia Property Trust’s acquisition of 650 California Street in San Francisco produced a 3.6 percent cap rate. The publicly...
Rockefeller Earns Nearly 30 Percent Profit on Sale of 50 Beale in San Francisco
By Jon Peterson New York City-based The Rockefeller Group Investment Management Corp. has achieved a strong profit on the sale of the 662,060...
Pembroke Pays $631 Per Square Foot for 100 California Street
By Jon Peterson Boston-based Pembroke Real Estate has paid $631 per square foot or $182.1 million to buy the 288,619 square foot 100...
Shorenstein Raises $1.2B for Latest Investment Fund
By Jon Peterson San Francisco-based Shorenstein Properties has completed its latest capital raise totaling $1.22 billion for its Shorenstein Realty Investors Eleven limited...
Ellis Partners and Fortress Group Make $280MM Bet on Future Growth of Campbell Asset
UPDATED: October 22nd, 2014 By Jon Peterson San Francisco-based Ellis Partners and New York City-based The Fortress Group have been selected as the...
Chesapeake Lodging to Buy JW Marriott Hotel in San Francisco for $147MM
By Jon Peterson Annapolis, Md.-based Chesapeake Lodging Trust is planning on being the future owner of the 337-room JW Marriott San Francisco Union...
Office REITs Counting on Record Rent Levels in San Francisco
By Joe Gose To say that office real estate investment trusts that own assets in San Francisco are bullish about the promise for...
Bixby Land Invests in Tracy Distribution Center for $31MM
By Jon Peterson Irvine-based Bixby Land Company has paid $31 million to acquire the 517,458 square foot Orchard Supply Distribution Center in Tracy...
Kinship Capital Sells Union Square Retail Asset for Nearly $50MM
By Jon Peterson Chicago-based Kinship Capital, in partnership with Pearlmark Real Estate Partners and Madison Marquette, has sold the 39,162 square foot 300...
Columbia Property Trust Picked as Buyer of 650 California in San Francisco for $380MM
By Jon Peterson Atlanta-based Columbia Property Trust has been selected as the buyer of the 585,621 square foot 650 California Street office building...