Finance
Thayer Accepts Initial Yield Below 4 Percent for San Francisco Ritz
By Jon Peterson [dropcap]A[/dropcap]nnapolis, Md., -based Thayer Lodging Group has acquired The Ritz-Carlton, San Francisco for $479,000 a key, or $161 million. The...
Downtown Mountain View Retains Investment Charm
By Jon Peterson [dropcap]S[/dropcap]an Francisco-based Rubicon Point Partners has paid $15.86 million, or $550 a square foot, to acquire 274 Castro St. in...
San Jose Office Building on North First Goes to Auction
By Jon Peterson [dropcap]C[/dropcap]ivic Center Tower, a 109,850-square-foot office property at 675-695 N. 1st St. in San Jose, will be sold at auction...
Kennedy Wilson Raises $300MM to Buy More Apartments, Offices
By Jon Peterson Beverly Hills, Calif., -based Kennedy Wilson has finalized its latest investment fund, raising $300 million in equity for Kennedy Wilson...
New York Private-Equity Firm Buys First San Francisco Building
By Jon Peterson New York City-based Brickman, a real estate private equity company, has agreed to buy 550 Kearny St., its first San...
Stockbridge Buying San Jose Office Building
By Jon Peterson San Francisco’s Stockbridge Capital Group is buying the not-quite 87,000-square-foot West San Jose Triangle Building from The Carlyle Group, paying...
The Admiral Admires Silicon Valley
By Jon Peterson San Antonio-based Admiral Capital Real Estate Group, the spawn of former NBA basketball great David Robinson, has acquired its first...
Rising Rents Push Manufacturer to Buy in Silicon Valley
By Sharon Simonson Skyrocketing rental rates in its Sunnyvale hometown drove biomedical device-maker Zoll Medical Corp. to search for alternate digs and ultimately...
Los Angeles Pension Fund Awards $200 Million to Stockbridge
By Jon Peterson San Francisco-based Stockbridge Capital Group has been allocated $200 million by the Los Angeles County Employees Retirement Association for a...
Rockwood Capital Pursues San Francisco Design District Redevelopment
By Jon Peterson White Plains, N.Y., -based Rockwood Capital LLC has paid $4.1 million an acre for a Showplace Square site near the...
Deep Discount for CBRE in San Jose
By Jon Peterson Los Angeles-based CBRE Global Investors got such a good deal on the 506-room San Jose Marriott Hotel that it has...
Boston Properties Builds San Francisco, Exits Downtown San Jose
By Sharon Simonson Even as office landlord Boston Properties aggressively pursues San Francisco office construction, including speculative development, and beefs up its ownership...
