Westcore, Arizona State Retirement System

Westcore Plans $2.6B Expansion of Industrial Portfolio Across Nation

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By Jon Peterson San Diego-based Westcore has received a new $500 million commitment from the Arizona State Retirement System to be used to funnel the growth of the company on a...
Dermody Properties, Dermody Properties Industrial Fund III

Dermody Properties Closes Industrial Fund at $1.1 Billion

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We announced the closing of our third commingled fund, the Dermody Properties Industrial Fund III, L.P., (DPIF III), on June 2, 2021. DPIF III raised $1.1 billion, exceeding its target...
Dermody Properties, LogistiCenter, Rohnert Park, Sonoma, Cushman & Wakefield, San Rafael

Dermody Leases 17,000 SQFT in Rohnert Park

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ROHNERT PARK, Calif. — Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, is pleased to announce the...
Ares Management Corporation, Black Creek Group

Ares Management Corporation Announces Agreement to Acquire Black Creek Group

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LOS ANGELES--Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that a subsidiary of Ares has entered into a definitive agreement to acquire 100% of Black Creek Group’s U.S. real...
Woodlawn Foundation, San Bruno, Vacaville, CBRE, Community Housing Opportunities Corporation, 3333 Vaca Valley Parkway

Woodlawn Foundation Offers 63,800 SQFT Flex Property in Vacaville for Sale

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By Jon Peterson The Woodlawn Foundation, a Catholic charitable foundation that operates an office in San Bruno, has placed on the market for sale the 63,800 square-foot, two-building flex property in...
W.P. Carey, Velodyne Lidar, San Jose, CBRE,

W.P. Carey Buys Velodyne Lidar’s San Jose HQ for $51.4MM

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By Meghan Hall Commercial buildings with stable tenants are continuing to attract investor interest. In a deal that recently closed, New York-based W.P. Carey has purchased Veoldyne Lidar’s headquarters for...
San Leandro, Dermody Properties, JLL, Oakland, San Jose, Bay Area

Dermody Acquires a 90,725 SQFT Industrial Building in San Leandro for $16.7MM

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(EDITOR’S NOTE: According to sources with knowledge of the transaction, the sale closed at $16.7 million.) Rare in-fill opportunity located in the East Bay’s core industrial market with easy access to...
GPR Ventures, Sacramento, Reno, CBRE, Roseville

GPR Ventures Completes Acquisition in Sacramento and Reno for $5.06MM

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(EDITOR’S NOTE: According to sources with direct knowledge of the transaction details, the two properties sold for a total of $5,060,000. The purchase price for 6910 Luther Drive, Sacramento was...
Microsoft, LBA Realty, Lumileds, Northtown, San Jose, 227 Industrial Center,

Microsoft Buys ~22-Acre Development Site in San Jose for $78.7MM

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By Meghan Hall Major tech companies are continuing to plan ahead, buying chunks of property that will accommodate their long-term goals. In a deal that closed just yesterday, Microsoft acquired...
Terreno Realty Corporation, San Jose, San Francisco, Bay Area, Silicon Valley

Terreno Realty Acquires Property in San Jose for $8MM

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BELLEVUE, Wash.-- Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property in San Jose, California on April...

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