Phase 3 Real Estate Partners
San Francisco Peninsula Markets Diverge: R&D Vacancy Hits 25.9% While Industrial Stabilizes at 5%
Life sciences retreat drives 566,728 SQFT of losses in R&D sector as AI funding surges to $1.23 billion; industrial sees $71.1 million in...
Brookfield Provides $484MM Refinancing for Phase 3’s Bay Area Life Sciences Campus in Brisbane
Phase 3 Real Estate Partners and Bain Capital Real Estate have successfully obtained a $484 million loan to refinance their Genesis Marina life...
Report: Bay Area Life Sciences Market Sees High Levels of Construction, Leasing Activity in Q4 of 2022
By Jack Stubbs The Bay Area has historically been regarded as a hub for the life sciences industry, as over the years the...
Phase 3 Buys Office Property in San Mateo for $73MM With Plans for Life Science Conversion
By Jon Peterson Life science development and investment firms are finding that expanding portfolios across the Bay Area means redevelopment will need to...
Harvest/Cerberus JV Sells 385,000 SQFT Office Building in Daly City for $168.6MM
(EDITOR’S NOTE: According to sources with knowledge of the transaction detail, the property sold for $168.6 million, or roughly $438 per square foot, to...
Bridge Investment Group Sells Three-Building Office Complex in San Mateo for $106MM
By Meghan Hall After just over two years of ownership, Bridge Investment Group has sold three office buildings along Alameda de las Pulgas...
Meridian Sells 104,000 SQFT Building in Brisbane for $39.5MM
With more than 500,000 SF currently in development/redevelopment and another 500,000-plus SF in the pipeline, Meridian is still aggressively pursuing more value-add general...
Citizens Bank Leads $185MM in Financing for Genesis South Tower Lab and Office Building
SOUTH SAN FRANCISCO, Calif. – Citizens Bank announced today that the Citizens Commercial Real Estate team has lead a $185 million refinance loan...
HFF Announces $384.86MM Refinancing for Genesis North and South Towers in South San Francisco
SAN DIEGO, CA (March 29, 2018) – HFF announces the $384.86 million refinancing of Genesis North and South Towers, two office and life...
Newmark Cornish & Carey Announces New 32,355-Square-Foot Lease at Genesis in South San Francisco
Corbion to Locate within the Region’s Premier Life Science/R&D Campus South San Francisco, CA (October 31, 2017) – Newmark Cornish & Carey (NCC)...
Centennial Towers & Adjacent Lots in South San Francisco Sell for $220MM
By Jon Peterson In late December, news had broken that Hartford, Conn.-based Cornerstone Real Estate Advisers’ Alternative Investments Group has originated a $144.3...
