PGIM
StartupHQ Acquires Historic 100,000 SQFT Sharon Building at 55 New Montgomery in San Francisco for $20MM
The sale at roughly $200 per square foot marks a 69 percent decline from the $64.25 million Swift Real Estate Partners paid in...
Madison Capital & PGIM Close $95MM Acquisition of 360,000 SQFT 123 Mission in San Francisco, Completing Turnaround of Former Juul Tower
The deal prices the 29-story South Financial District office tower at roughly $264 per square foot — a 76 percent discount from Juul...
Madison Capital & PGIM Acquire Debt on Juul’s 387,000 SQFT 123 Mission Tower in San Francisco at Steep Discount From $397MM Purchase Price
A debt sale in the low $90 million range positions new investors to take ownership of a building that was once valued at...
BRIDGE Housing Surpasses $92MM at First Close of Impact Fund I to Preserve West Coast Affordable Housing
The nonprofit developer’s inaugural equity fund draws six institutional investors and positions BRIDGE to acquire approximately 3,500 units across California, Oregon, and Washington....
Balboa Retail Sells 65,000 SQFT Pacheco Plaza Shopping Center in Novato for $50.35MM
Nugget Market-anchored Pacheco Plaza, purchased for $42.8 million in 2022, sells to Terramar Retail Centers at $777 per square foot A retail property...
Silicon Valley Brokers See Commercial Real Estate Rebounding on AI-Fueled Demand
Market experts forecast continued growth across all property sectors as tech companies return to expansion mode Silicon Valley’s commercial real estate market is...
PGIM, Interstate Equities Acquire 184-Unit Sunnyvale Apartments for $76.9MM
mResidences Silicon Valley marks second South Bay deal in a week for partnership A 184-unit apartment complex in Sunnyvale has changed hands for...
Silicon Valley Industrial Market Records Historic Tenant Demand as Hardware and AI Sectors Fuel Leasing Surge
Active requirements skyrocket to 11.67 million square feet—the highest level in recent history—while average asking rates climb to $1.79 per square foot as...
Interstate Equities and PGIM Buy 149-Unit Mountain View Apartment Complex for $87MM
Premium per-unit price of $583,900 signals strength in select South Bay markets An apartment complex in Mountain View has traded hands for $87...
Sutter Bay Medical Foundation Acquires San Francisco’s One Daniel Burnham Court Medical Office Building for $47MM
Property sale closes at $434 per square foot in major healthcare real estate transaction One Daniel Burnham Court, a 108,362-square-foot medical office building...
Apple Extends Silicon Valley Footprint with Two Sunnyvale Office Deals
Tech Giant’s Latest Moves Add to $1.1 Billion South Bay Buying Spree Apple is strengthening its Silicon Valley roots through two new Sunnyvale...
Apple Pays $216MM for Main Street Cupertino Office Buildings in Latest Silicon Valley Acquisition
Cupertino tech titan purchases two Stevens Creek Boulevard properties it already occupies, capping year-long buying spree totaling $1.1 billion Apple Inc. is making...
