Bay Area Stays at the Top of Investors’ Lists

Bridge financing was recently secured for the repositioning of the Rossmoor Shopping Center.

SAN FRANCISCO—Although it is an oft-used cliché, the Bay Area shows no real signs of cooling off anytime soon, judging by some of the larger recently closed transactions. Ranging from $145 million to $31 million and throughout San Francisco, Silicon Valley and the East Bay, financing and acquisitions show constant and steady activity as long-term and institutional players continue to identify opportunities.

“West Coast markets, and especially the Bay Area, are continuing to be at the top of many investors’ lists for acquisition and development,” Kelvin Tetz, partner, Moss Adams Real Estate, tells GlobeSt.com. “While today’s prices are taking some players out of the market, many long-term-oriented and larger institutions are finding opportunities that fit with their investment objectives.”