Hot Lot
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...
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...
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...
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...
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...
Alexandria Real Estate Buys Stanford Ground Lease for $85.3MM
By Vladimir Bosanac The building at 1450 Page Mill Road, inside the famed Stanford Research Park, will soon have a new tenant. But...
CalSTRS/CBRE Investors Buy Office Building in Santa Clara for $162.5MM
By Jon Peterson California State Teachers Retirement System working with Los Angeles-based CBRE Global Investors has paid $162.5 million or $650 per square...
Trammell Crow Buys San Jose Industrial Asset for $51.5MM
Trammell Crow, the Dallas, Texas-based developer that is under way in constructing its mega development steps from San Jose’s Diridon Station, is continuing...
Blackstone Sells San Jose Property for $82MM
New York City-based Blackstone Real Estate Partners just sold the 155,613 square foot office building located at 2851 Junction Avenue in San Jose...
Stanford Pays $130.5MM for Colonnade Apartments in Los Altos
Housing is now the key amenity any employer in the Bay Area can possibly offer, and Stanford University is not sitting on the...
Harvest Properties & KKR to Buy 180 Grand in Oakland for $119.25MM
By Jon Peterson Emeryville-based Harvest Properties and New York City-based KKR Partners have come together and plan to be the buyer of the...
Sunset Development Breaks Ground on 300,000 SQFT City Center Bishop Ranch Retail Project
By Jon Peterson San Ramon-based Sunset Development Company has broken ground on its 300,000 square foot City Center Bishop Ranch retail development in...
