San Mateo, Burlingame, Bay Area, San Francisco, Newmark Cornish & Carey

Downtown San Mateo Office Building Placed on the Market for Sale

By Jon Peterson An office building located at 444 South El Camino Real in San Mateo is now on the market for sale. The current owner of the property is...
Wolf Richter, Santa Clara, Silicon Valley, Bay Area, Great America Parkway, LeEco, San Jose,

OPINION: Silicon Valley Begins to Crack Visibly

By Wolf Richter Chilling photos of for-lease signs lining the Great America Parkway There are parts of Silicon Valley where commercial real estate is still hanging on, and there are parts...
San Francisco, California Advocates for Nursing Home Reform, SVN Commercial Real Estate Advisors, Bay Area, CANHR

San Francisco Non-Profit Buys Berkeley Building for $650/SQFT

By Jon Peterson San Francisco-based California Advocates for Nursing Home Reform (CANHR) has paid $650 per square foot, or $2.8 million, to acquire the 4,280 square foot office building located...
San Francisco, Oakland, Bay Area, Filbert Street, Highland Realty Capital, Owow, Danny Haber, East Bay housing development renting

San Francisco Developer oWow Plans $40MM Apartment Project at 2400 Filbert in Oakland

By Jon Peterson San Francisco-based developer oWow is planning to kick off a $40 million, 122-unit apartment project in Oakland located at 2400 Filbert Street, according to sources familiar with the...
Google, San Jose, Silicon Valley, Bay Area, Trammel Crow, commercial real estate office campus Googleplex Diridon Station

Google Seeks a Strong Foothold in San Jose’s Downtown

By Jacob Bourne Google’s interest in transforming an integral part of Downtown San Jose received an initial green light by City Council at a June 20 hearing. Council authorized the...
Blackstone Real Estate Income Trust, San Jose, Bay Area, San Francisco, McEnery Convention Center, BREIT, Waterton

Blackstone Pays $65MM to Acquire San Jose Hotel

  By Jon Peterson New York City-based Blackstone Real Estate Income Trust (BREIT) has paid $65 million, or $275,423 per room, to acquire the 236-room Hyatt Place San Jose Downtown hotel...
OTO Development, Sunnyvale, Hilton Garden Inn, San Francisco, Bay Area, Saratoga

OTO Development Buys Sunnyvale site for $21MM, Plans 238-Room Hilton Garden Inn

By Vladimir Bosanac In an transaction that closed at the end of May 2017, Spartanburg, South Carolina-based OTO Development purchased the Club Monaco and Palladium nightclub, an entertainment and restaurant...
San Francisco, Shorenstein, 901 Battery, The Swig Company, Newmark Cornish & Carey, BAR Architects, Kyle Kovac, Michael Taquino, Daniel Cressman Mandy Lee

Shorenstein Set to Buy 901 Battery in San Francisco for Approx. $55MM

By Jon Peterson San Francisco-based Shorenstein is planning to acquire the 72,000 square foot 901 Battery Street office building in San Francisco for just shy of $55 million or nearly...
Oceanwide Center, San Francisco, Foster + Partners, Heller + Manus, Transbay Terminal, Webcor, Swinerton Builders Bay Area

Oceanwide Buys San Francisco Parcel Next to its Proposed Mega Development for $32.5MM

By Vladimir Bosanac If you pay careful attention in the proposed renderings for the new Oceanwide Center at 1st and Mission in San Francisco, there is a small, 10,000 square...
Norfolk, Harbor Group, Amazon, Cupertino, Bay Area, CBRE, JLL

Harbor Group Pays $66MM for Amazon-Leased Office Building in Cupertino

By Jon Peterson Norfolk, Va.-based Harbor Group International has paid $66.25 million to acquire the 88,580 square foot Torre Plaza office building in Cupertino located at 10201 Torre Avenue. This will...