Finance
Hines Sells 100 Montgomery For Twice What it Paid
By Jon Peterson Houston-based Hines is in contract to sell the 424,000-square-foot 100 Montgomery offices in downtown San Francisco for $165 million, or...
GE Real Estate Sells Silicon Valley Portfolio
By Jon Peterson Working through its real estate arm Arden Realty Inc., GE Capital Real Estate has sold a 340,000-square-foot office and research...
Voracious Essex Continues To Buy
By Sharon Simonson Palo Alto landlord Essex Property Trust Inc. has acquired Park West apartments in San Francisco and the former Waterstone Santa...
Clif Bar Headquarters Changes Owners
By Jon Peterson The Emeryville home to the Clif Bar & Co. headquarters has gained a new capital source: The New York State...
Divco, Swift Realty Tie the Knot in Concord
By Sharon Simonson San Francisco commercial property investor Divco West has acquired 600,000 square feet of Class A office space in Concord from...
Jamestown Buys 799 Market Street in San Francisco for $93.5MM
By Jon Peterson Atlanta-based Jamestown Properties has paid $658 a square foot, or $93.5 million, to buy 799 Market St., a retail and...
Cassidy Turley Snags East Bay Industrial Listing
By Sharon Simonson A joint venture that plans a 575,000-square-foot speculative industrial building in Newark has selected Cassidy Turley Commercial Real Estate Services...
Chinese Investors Buy Burlingame Hotel
By Jon Peterson A Chinese investment group has acquired the 309-room Crowne Plaza San Francisco International Airport Hotel at 1177 Airport Blvd. in...
Chicago REIT Buys More Peninsula Apartments
By Sharon Simonson Chicago-based Equity Residential, a huge owner of U.S. apartments, has acquired a 241-unit, two-tower complex in downtown San Mateo and...
CityView Buys Berkeley Apartment Note at Steep Discount
By Jon Peterson Los Angeles-based institutional real estate investor CityView has paid $66.8 million to acquire Berkeley’s 143-unit Arpeggio apartment complex, a cost...
Mississippi REIT Buys More Hayward Industrial
By Jon Peterson Jackson, Miss., -based EastGroup Properties Inc. has increased its East Bay industrial market presence with the purchase of the Wiegman...
Barry Swenson Builder, Bridge Bank Take Hotel Plunge
By Sharon Simonson Buoyed by locally thriving commercial property markets, San Jose-based Barry Swenson Builder is beginning construction on two extended-stay business hotels...