East Palo Alto Retail Center Trades for $53MM
JLL Capital Markets completed the sale of East Palo Alto retail center leased to resilient investment-grade tenants
LOS ANGELES, May 20, 2021 – JLL Capital Markets announced today that it has closed...
Preserve West Capital Sells Trader Joe’s-Anchored Property in Walnut Creek for $14MM
(EDITOR’S NOTE: According to public documents, the sale closed on April 23, 2021 for a price of $14,153,000, or just over $554 per square foot.)
WALNUT CREEK, Calif. — Preserve West...
Paceline Investors Places Senior Housing Development Site in San Francisco up for Sale
By Jon Peterson
San Francisco-based Paceline Investors has put up for sale a senior housing development site in San Francisco located at 1270 Bush Street. No pricing guidance on the...
REI Co-op to Relocate Mountain View Store to Sunnyvale in Fall 2021
New location positions the co-op to better serve the South Bay community, offering a broader assortment of quality outdoor gear and expertise through a larger space
REI Co-op, the specialty...
Cupertino Retail Property Hits Market with Offering Price of $16.5MM
By Jon Peterson
A private owner has placed on the market for sale an existing multi-tenant retail property that is located at 19875 Stevens Creek Boulevard in Cupertino. The offering...
Oregon Pension Fund Allocates $350MM for Mixed-Use Assets Targeting West Coast Markets
By Jon Peterson
The Oregon Public Employees Retirement Fund has approved a $350 million allocation to a new investment strategy with a separate account with Denver-based Ascentris to invest in...
My Corona: A Retail Adaptation
By John Cumbelich
The past year was a trial by combat in the scorched earth environment of the commercial real estate industry. The government-mandated closure of retail and dining establishments...
Concord’s Veranda Retail Center Signs Up Five New Tenants
Over 9,000 square feet of new “medtail” and other mixed-use retail leased mid pandemic
CONCORD, CA - (April 12, 2021) – With four new tenants joining the mix this spring, The Veranda...