DivcoWest, Foster City, Century Plaza, Marin County Employees’ Retirement Association, Peninsula, San Mateo, commercial real estate, Caltrain

DivcoWest Pays More Than Appraised Value for Office Building in Foster City

By Jon Peterson San Francisco-based DivcoWest paid almost $6 million above the appraised value of the 115,600 square foot Century Plaza office building in Foster City. The real estate manager paid...
Ellis Partners, Parkway Properties, Cushman & Wakefield, Peninsula, Gensler, Borel Family, San Mateo, San Francisco, Bay Area

Ellis Partners Pays $16.5MM for Ground-Lease Deal in San Mateo

By Jon Peterson San Francisco-based Ellis Partners has paid approximately $16.5 million, or roughly $118 per square foot, to acquire the 140,000 square foot office building located at 411 Borel...
Cupertino, KT Urban’s Oaks Shopping Center, Cupertino City Council, Cupertino Hotel, De Anza Properties, Kimco Realty Corp., KT Urban,

Cupertino Advances Two Hotel Projects But Defers Decision on KT Urban’s Oaks Shopping Center...

By Michele Chandler Following a council meeting and public hearing that lasted into the early morning hours, the Cupertino City Council early Wednesday authorized the formal submission of two formal...

Concord Moves to Award Lennar the Naval Base Master Developer Contract

By Brett Goetschius Setting aside concerns by residents and the city’s own counsel that the bidding process for the largest redevelopment project ever undertaken by the city was tainted by...
Brocade Communications, Lane Partners, HQ @first, Silicon Valley Business Journal, NGKF Capital Markets Group, San Jose Redevelopment Agency

Brocade Corporate Headquarters Site in San Jose up for Sale

By Jon Peterson The 561,465 square foot Brocade Communications corporate headquarters site in San Jose is now on the market for sale, according to sources familiar with the property. The...

Lennar Still Struggles to Close Concord Deal, Even with Catellus Out of Running

By Adam Steinhauer Even with its last competitor out of the running, Lennar Urban is still struggling to close a deal with the city of Concord to begin redevelopment of...

Palo Alto Building Sells for First Time in Four Decades, Exceeds $900 a Square...

By Jon Peterson Palo Alto-based C.M. Capital Corp. has paid in excess of $900 a square foot to buy a downtown Palo Alto office building a stone’s throw from its...
Apple Google LBA Realty San Jose San Mateo SteelWave Newmark Cornish & Carey Santa Clara Phil Mahoney John Yandle Mike Saign

Apple Spends Another $18.2MM to Grow North San Jose Real Estate Portfolio

Apple has been aggressively pursuing its real estate interests out of Cupertino, and this year the computer manufacturer has squarely set its sights on North San Jose. In yet another...
Sunnyvale, Landbank Investments, Menlo Park, Webcor, HOK, Cushman & Wakefield, Silicon Valley, JLL, Bay Area news, commercial real estate, spec development

Landbank in Discussions with Apple for All of Central and Wolfe Campus in Sunnyvale

  By Jon Peterson Menlo Park-based Landbank is now in talks with Apple to take all of the space at the Central and Wolfe Campus in Sunnyvale located at 222 North...
Kilroy, Palo Alto, Silicon Valley, Bay Area, CBRE, CBRE Capital Markets, Stanford Research Park, Sand Hill Property Company

Kilroy Buys Two Palo Alto Buildings for Approximately $130MM

Kilroy Realty has made another Silicon Valley play with a purchase of two buildings in Palo Alto’s Stanford Research Park valued at approximately $130 million, according to sources familiar...