Westcore Properties
In $21.8MM Transaction, Two-Building R&D Property in San Jose Gets New Equity Partner
By Meghan Hall After just about two years of ownership, Westcore Properties has brought on a new equity partner for the Silicon Valley...
Westcore to Become National Industrial Investor with $1.25B in Investment
By Jon Peterson San Diego-based Westcore Properties, an active West Coast real estate investor across a number of markets like the San Francisco...
Westcore Properties Sells Industrial Portfolio to Stockbridge Capital for $570MM; Several NorCal Locations Included
(EDITOR’S NOTE: According to sources with knowledge of the transaction detail, the portfolio sold for $570 million, or around $89 per square foot.)...
Westcore Buys Oakland Industrial Property for $13.6MM
(EDITOR’S NOTE: According to public documents, the seller of the asset was Balco Properties, an entity associated with Bruce and Roger Westphal, owners...
UBS to Place 1221 Broadway in Oakland on Market; Seeking Over $230MM
By Jon Peterson UBS Realty Advisors will be putting the 521,177 square foot 1221 Broadway office building in Oakland on the market for...
Westcore Properties Acquires Two-Building R&D Property in San Jose for $11.7MM
(EDITOR’S NOTE: According to public records, the transaction closed on April 23, 2018 for $11,700,000, or almost $149 per square foot.) San Jose,...
Westcore Properties Buys East Bay Cold Storage Facility For $12.75MM
Pleasanton, CA (January 8, 2018) – Westcore Properties added another industrial property to its Northern California portfolio with its acquisition of a cold...
Westcore Properties Acquires Antioch Distribution Center for $32.4MM
Company’s Northern California industrial portfolio increases with 665,775-square-foot purchase Antioch, CA (September 11, 2017) – Westcore Properties has acquired the 665,775-square-foot, two-building Antioch...
Westcore Gets New $337.5MM Equity Investment for Industrial Investments
By Jon Peterson San Diego-based Westcore Properties has received a new $337.5 million investment from New York City-based Almanac Realty Investors as growth...
Prologis Acquires Milpitas Manufacturing Facility for $84.5MM
[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d5687.4153673222145!2d-121.89681465143717!3d37.41771128954538!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x808fcec90befa941%3A0x527a2fdff9632659!2s1177+Gibraltar+Dr%2C+Milpitas%2C+CA+95035!5e1!3m2!1sen!2sus!4v1455051708854&w=600&h=450] In a transaction that closed late last year, one of the world’s largest owners, operators and developers of industrial real estate,...
