REIT
Weingarten Pays $49MM for Shopping Center in San Jose
By Jon Peterson Houston-based Weingarten Realty Investors has paid $49 million or roughly $288 per square foot to acquire the 170,427 square foot...
Acadia Places City Center in San Francisco Under Contract for $155MM
By Jon Peterson White Plains, New York-based Acadia Realty Trust has put under contract the $155 million acquisition of the 204,000 square foot...
Donahue Schriber Acquires Gilman Village in Berkeley for $33MM
The purchase marks the second Bay Area acquisition for the company within the past month (EDITOR’S NOTE: Sources familiar with the transaction stated...
McNellis: Join the Crowd?
Revisiting Crowd Funding and Its Opportunities By John McNellis The crowd funded real estate (CFRE) industry is now a rush-hour subway car. Almost...
KBS REIT III Snaps Up Downtown San Jose Office Building for $117MM
By Nancy Amdur KBS Real Estate Investment Trust III gained a prime Silicon Valley property with its recent purchase of the 16-story Class-A...
John Burns: For Rent Beating For Sale
By Rick Palacios Jr. The stock market has changed its tune from being bullish on for-sale housing to being bullish on rental housing....
Hudson Pacific to Become Dominant West Coast REIT with Blackstone Bay Area Purchase
By Jon Peterson New York City-based Blackstone was looking for the right partner to grow its business in Northern California and found it...
Columbia Property Trust Deal on 650 California Earns 3.6 Cap Rate
By Jon Peterson Atlanta-based Columbia Property Trust’s acquisition of 650 California Street in San Francisco produced a 3.6 percent cap rate. The publicly...
Chesapeake Lodging to Buy JW Marriott Hotel in San Francisco for $147MM
By Jon Peterson Annapolis, Md.-based Chesapeake Lodging Trust is planning on being the future owner of the 337-room JW Marriott San Francisco Union...
Office REITs Counting on Record Rent Levels in San Francisco
By Joe Gose To say that office real estate investment trusts that own assets in San Francisco are bullish about the promise for...
Bay Area Apartment Rents Boon to REITs
By Joe Gose Residential real estate investment trusts have delivered investors eye-popping returns so far this year, and in some cases the San...
