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NorthStar Acquires Historic Bay Area Nuclear Site for $7MM, Eyes Future Redevelopment
A long-dormant nuclear research facility in the Bay Area has changed hands, setting the stage for potential commercial or industrial development. NorthStar Group...
CBRE Global Investors to Pay $610MM to Buy Office Building in Santa Clara
By Jon Peterson Los Angeles-based CBRE Global Investors will be paying $610 million to buy 940,000 square feet of office buildings located at...
WeWork Is Taking Three Floors in Salesforce Tower & Salesforce Takes Six Additional Floors
By Vladimir Bosanac According to sources that track the leasing information in the city of San Francisco, WeWork, the New York-based co-working and...
Cupertino Advances Two Hotel Projects But Defers Decision on KT Urban’s Oaks Shopping Center Redevelopment
By Michele Chandler Following a council meeting and public hearing that lasted into the early morning hours, the Cupertino City Council early Wednesday...
Fremont Industrial Property Sells for $10.25MM
By Vladimir Bosanac Dermody Properties continues to expand its footprint in the Bay Area, and in May of 2017, the company added a...
Walnut Creek Seeks Input for North Downtown Specific Plan
By Michele Chandler Encouraging office development north of Walnut Creek’s Ygnacio Valley Road. Considering an arts-entertainment-hospitality district, complete with an outdoor plaza with...
Alexandria Takes Two Additional Sites in San Carlos for $85MM
By Jon Peterson Pasadena-based Alexandria Real Estate Equites has paid $85 million for two land sites located at 825 and 835 Industrial Road...
San Jose Industrial Asset Sells for $62MM
By Vladimir Bosanac Two LLCs with a Los Angeles address listed for real estate attorney Phyllis Alden Truby purchased the industrial property located...
Google Transfers 52 Sunnyvale Properties into Direct Ownership from CBRE Global Investors
By Vladimir Bosanac What has been one of the most commonly understood anecdotes in the Silicon Valley commercial real estate market has finally...
Tenderloin Housing Project Looks to Bring Contemporary, Urban Style
By Michele Chandler A 1924 parking garage in San Francisco’s gritty Tenderloin District could give way to a new housing complex under a...
MidPen Housing Looks to Kickstart $41MM Redwood City Development
By Michele Chandler A plan for a low-income senior housing development in downtown Redwood City continues to move forward. Affordable housing developer MidPen...
Adobe Leases Additional 65,000 SQFT in San Jose
By Vladimir Bosanac Following its announcement to continue expanding its real estate foot print in San Jose, Adobe Systems just confirmed that it...