San Francisco
Firm Gets $36M in Net Income for 2011
CUPERTINO, CA-With talk of a possible sale looming, the locally based Mission West Properties Inc. expects revenues and earnings will continue to increase in 2012 based on new and renewal leases and higher rents.
OAKLAND, CA-Energy Solutions has snapped up a Class B office property in downtown Oakland.
Hyatt Regency Gets $130M Refi Loan
SAN FRANCISCO-Portfolio lender Mesa West Capital is financing the hotel owners first mortgage on the 802-room waterfront hotel.
$87M Renovated Building Gets First 167,788-SF Tenant
SAN FRANCISCO-TMG Partners says Riverbed Technology is the ideal tenant not only for this space, but to complement the increasing tech growth in San Franciscos SoMa area.
$92M Cruise Terminal Breaks Ground, Relieves Pressure
SAN FRANCISCO-The Port of San Francisco project will give exhibitors an alternative to the Moscone Center for conventions and parties, renovating the entire port infrastructure by mid-2013.
CityView Closes on First Asset from $300M Fund
SAN FRANCISCO-The fund will be used to invest in multifamily communities in the Bay Area, a region the firm says is a big draw for people, jobs, and the capital necessary to justify large-scale investments in housing.
CONCORD, CA-An East bay hotel is getting ready to open again under new owners.
LOS ANGELES-The debt financing is for a three-property, 365-unit apartment portfolio in California in this weeks West Coast wrap up of deals.
Trammell Crow Adds Head of NorCal Operations
SAN FRANCISCO-John Greer, formerly a principal at PCCP LLC, will be responsible for sourcing new acquisitions, among other tasks.
Cresa Opens East Bay Office, Expands Bay Area Presence
OAKLAND, CA-The new commercial real estate office will be led by managing principals Matt Elmquist and Scott Stone, who formerly were principals at AEGIS Realty Partners in Oakland.
One Beach Street Office Building Trades for $36M
SAN FRANCISCO-The Swig Co., along with Angelo, Gordon & Co., sells the 97,000-square-foot One Beach St. office building to San Diego-based REIT American Assets.
RICHMOND, CA-Lawrence Berkeley National Lab is expecting to start the first phase of its second campus, which could contain approximately 2 million square feet of office, R&D and lab space, in Richmond.
Essex and Wisconsin Join $1.2B Parkmerced Plan
SAN FRANCISCO-The Essex REIT and the Wisconsin Investment Board are providing $175 million, along with a $450 million Fannie Mae loan, for this massive multifamily redevelopment.
SAN FRANCISCO-Jackson Hole-based MetWest Terra is expanding its Bay Area portfolio.
DUBLIN, CA-Ross Stores Inc. has seized Emerald Point, a three-building office complex in Dublin.
TIAA-CREFs Fifty Fremont Gets 400,000-SF Tenant
SAN FRANCISCO-According to SalesForce.coms 8-K statement, the company commits a deal worth approximately $339 million over the 18-year term.
ALAMEDA, CA-Minneapolis-based Target Corp. is planning to open a new store on Alameda Island.
MG Properties Group Likes Value-Add Apartment Buy
SAN MARCOS, CA-Barham Villas Apartments, which benefits from the continued expansion of the university here, is financed with a $21.4-million fixed-rate loan from Freddie Mac.
Luxury Rental Helps Meet Increasing Area Demand
REDWOOD CITY, CA-GlobeSt.com learned that the construction cost for the four-story development called Township will be approximately $40 million.
SAN RAFAEL, CA-BioMarin Pharmaceutical Inc. has leased 120,000 square feet of space at the San Rafael Corporate Center to house its new headquarters.
LATEST HEADLINES
- EVENT COVERAGEULI NJ: Prep for Super Bowl '14
- Firm Gets $36M in Net Income for '11
- World's Tallest Hotel to Open in Dubai in Q4
- After Difficult 2011, COPT Looks Ahead
- EXCLUSIVE: CMBS (MBA CREF Video)
- JV Partnership Buys Times Square Hotel
- EXCLUSIVERetail: Sector Defies Expectations
- $26B Foreclosure Settlement Closes
Advertisement
Events
Look out for the full 2012 RealShare Conference Series schedule--COMING SOON!
more
Upcoming Conferences
Featured Event
RealShare APARTMENTS EAST
Multifamily's most influential and knowledgeable executives share their insights and outlooks for the marketplace at our upcoming first annual RealShare APARTMENTS EAST conference!
more details
Upcoming Conferences
New York, NY
Webinars
Charging the Hill: Commercial Real Estate and the 2012 Congressional Agenda
December 07
Critical issues impacting commercial real estate are coming up on the 2012 Congressional calendar, and their outcome collectively will impact all practitioners in this space. Top executives who know their way around Capitol Hill will share their thoughts on the direction this industry could take at the hands of our elected officials.
Upcoming Webinars
Featured Event
Protect Your Portfolio From Seismic Risk
This video webinar, presented by GlobeSt.com Thought Leader Partner Engineering and Science, Inc., will give commercial real estate investors a thorough overview of seismic Probable Maximum Loss Reports (PMLs). These reports are especially important for those investing in real estate in areas that are at risk for earthquake damage.
more details
Advertisement
User's Choice
NEW YORK CITY-The investment bank would only save One Bryant Park in Manhattan and Bank of America Corporate Center in Charlotte, media reports show.





