Alaska Airlines May Dump Virgin’s Burlingame Office Space Following Merger
Seattle-based Alaska Airlines is moving forward with its merger with Burlingame-based Virgin America, which at its close may end putting the nearly 85,000 square feet back on the north...
Fully Entitled San Jose Residential Development Site Looking for Options
By Jon Peterson
San Francisco-based Simeon Residential Properties and Chicago-based Kinship Capital are looking at several sale options for its shovel-ready Post Street Tower @ San Pedro Square residential development...
Google Buys Essex Property Trust Building in Palo Alto for $18MM
In a seemingly insatiable appetite for commercial property, Google had picked up another gem in Palo Alto. This time, it is the former headquarters of Essex Property Trust located...
San Jose Planners Approve Apple’s Plans for 86-acre Development Site Near Airport
By David Goll
San Jose planners have signed off on a proposed agreement between the city and tech giant Apple to develop an 86-acre site in North San Jose. Next...
Hudson Pacific Sells Santa Clara Asset for $19MM
It has been just over a year since Hudson Pacific closed on the massive $3.5 billion real estate transaction in which it acquired 53 properties (33 in the Bay...
TH Real Estate Pays $48MM to Buy Apartment Complex in Walnut Creek
By Jon Peterson
New York City-based TH Real Estate has acquired the 116-unit Ivy Hill apartment complex in Walnut Creek for $48.1 million, or $414,655 per unit, according to public...
Receiver in Sunnyvale Town Center Dispute Pushes for Discharge
By Sharon Simonson
A Santa Clara County Superior Court judge is expected to issue an order early this week declaring whether a receiver appointed to oversee the Sunnyvale Town Center...
San Mateo’s Bay Meadows to Break Ground on First Office Building
By Nancy Amdur
San Francisco-based developer Wilson Meany and its financial partner Stockbridge plan to break ground this month on the first of five office buildings slated for San Mateo’s...
TIAA-CREF Buys Interests in Two Buildings from Alexandria for $262.9MM in San Francisco
By Jon Peterson
New York City-based TIAA-CREF has acquired interests in two life science office buildings from Pasadena-based Alexandria Real Estate Equities in the Mission Bay/South of Market region of...
Rubicon Point Partners In Negotiations to Buy Two Oakland Buildings for $115MM
In another transaction that tests the market in the East Bay, San Francisco-based Rubicon Point Partners is planning to make a move that reaffirms Oakland’s place in the Bay...