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CommercialFinanceINDUSTRY news

Silicon Valley Money Sinks Prop 40 Billionaire Tax as San Francisco Votes Yes and Peninsula Says No

The Associated Press called Proposition 40 defeated on Nov. 9, ending a one-time 5 percent tax on California billionaires' net worth after a...

Lockehouse, Oakland, Alameda, Tidewater Business Park
FinanceResidential

Private Investor Buys 71-Unit Nook on Valdez in Oakland from Lender for $8.6MM

A private investor paid $8.6 million for Nook on Valdez, a 71-unit micro-studio building near Oakland's Uptown, taking the 2016-vintage asset off a...

Downtown San Jose aerial
AECINDUSTRY newsResidential

Syufy’s SyRES Properties Challenges Permit Clock on Approved 264-Unit Builder’s Remedy Project at Former Century 24 Dome Site in San Jose

Syufy Enterprises' SyRES Properties has appealed the conditions on its newly approved permit for a seven-story, 264-unit apartment building at 741 S. Winchester...

sean-mungur-mDFr9aYfNc-unsplash-motel
AECResidential

San Jose Filing Would Swap 27-Unit Motel Housing at 2188 The Alameda for 59 Supportive Homes

A ministerial permit application before San Jose planners would demolish a 27-unit hotel now operating as supportive housing at 2188 The Alameda and...

spencer-demera-PfAS76IpS2E-unsplash-tri-valley pleasanton
CommercialFinanceINDUSTRY news

The Atrium, 74,000 SQFT Multi-Tenant Pleasanton Office Near BART, Hits Market for $15MM

The owner of The Atrium, a 55-tenant office building across from Stoneridge Shopping Center, is asking $15 million for the 96 percent occupied...

planet-volumes-Ri8IzK5DYCU-unsplash-small industrial
AECIndustrial

Tower Development Proposes 48,720 SQFT Small-Bay Industrial Park on Benvenuti Land Along Auburn Boulevard

A vacant 4.85-acre site that a Benvenuti family member has held for decades could become one of the Sacramento region’s rare new small-bay...

customer using a phone to pay at credit card terminal
CommercialFinanceINDUSTRY newsRetail

LeFever Mattson Trust Sells 120,000 SQFT Salvio Pacheco Square in Downtown Concord for $15MM

A Walnut Creek-based buyer paid an estimated $15 million for Salvio Pacheco Square, the three-story office-over-retail complex facing Concord's Todos Santos Plaza, as...

Trader Joes grocery store entrance with sign
FinanceRetail

First Washington Realty Lands $38.3MM Refinance for Trader Joe’s- and Safeway-Anchored Los Gatos Centers Totaling 116,000 SQFT

First Washington Realty has refinanced Los Gatos Village Square and the Downing Center of Los Gatos with $38.3 million in debt arranged by...

apartment building facade
AECFinanceINDUSTRY newsResidential

San José Unified Weighs Build vs. Buy for Staff Housing: 288-Unit Hillsdale Project or 337 Condos at 188 West Saint James

San José Unified School District is running two tracks at once in its push to house teachers and staff, advancing city review of...

Building facade
FinanceINDUSTRY newsResidential

Prometheus Acquires 93-Unit Bellflower Townhome Community in Sunnyvale from Sack Capital Partners for $55.9MM

Prometheus Real Estate Group paid $55.9 million for a 1960s-era townhome rental community near downtown Sunnyvale, buying it from Sack Capital Partners about...

the registry template
Residential

Neighboring Owner Pays $13.6MM for 63-Unit Oxford Parkside Apartments Near UC Davis

A 1970s apartment building near UC Davis has changed hands for the first time in more than 40 years, bought by the owner...

the registry template
IndustrialLeasing

Contractor Dees Burke Buys 40K SQFT Heavy Industrial Property With Yard in Rocklin for $8.2MM

A heavy civil contractor has paid about $203 per square foot for an older industrial building with yard space in Rocklin, buying for...

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