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John McNellis, McNellis Partners, Safeway, Cerebrus Capital, Silicon Valley, Palo Alto, retail, private equity, layoffs, operational efficiency
CommercialFinanceIndustry Contributors & Editorial

McNellis: In Praise of Inefficiency

By John McNellis A lender on one of our projects wrote last week, demanding we post an $800,000 letter of credit to further...

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News Releases

Menlo Park Shuttle Service Hit Streets July 1st

New shuttle buses will replace existing older models that currently serve Menlo Park’s approximately 85,000 riders per year, including residents, employees and visitors....

Jeff Badstubner
People on the Move

JLL Adds Retail Duo to Support Booming San Francisco Retail Market

Industry veterans Jeff Badstubner and Christine Firstenberg join to support increased retail tenant representation demand SAN FRANCISCO, Mar. 25, 2015 — San Francisco’s...

News Releases

Safeway Disposes of its Property Development Centers for $830MM

Safeway Stockholders to Receive an Estimated Cash Payment for PDC of Approximately $2.45 Per Share in Connection With the Pending Merger Between Safeway...

News Releases

Loja Group of Walnut Creek Acquires 4 Chicago Grocery Stores From Former Safeway Unit for $95 Million

Chicago, IL, 11-17-2014—Walnut Creek, California, based Loja Real Estate today announced the acquisition of a portfolio of four Chicago grocery store properties from...

Safeway
FinanceINDUSTRY news

Food for Thought: Safeway To Put $1B Into Real Estate Development

By Jon Peterson & Sharon Simonson Developers of neighborhood-based necessity retail have a new deep-pocketed competitor: Pleasanton-based grocer Safeway Inc. Operating through Property Development...

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2026 Northern California CRE Rising Stars

NorCal rising stars 2026

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