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Downtown San Jose continues to attract larger tech tenants and provide the live/work/play lifestyle people want, with multifamily and condominium living opportunities amid urban amenities.

In this <b>EXCLUSIVE</b>, Heard says Transwestern has no plans to go public in the future because it values the benefits of being a privately held firm and its partners have flourished under the ownership structure.

A Transwestern official tells Globest.com that the bidding for the property was intense with more than 300 confidentiality agreements from both domestic and international investors.

The deal marks a shift in corporate purchasing strategy for the PIA Group from single-family to multifamily value-add opportunities.

The 112,000-square-foot Pacific Pearl Shopping Center is already 90% leased and opened, located off of Interstate 580 at 2693 Stoneridge Dr., across the street from the San Francisco Premium Outlets.

Wilson says here is a high likelihood of a recession within the next few years, and e-commerce demand should help insulate multi-tenant industrial from economic cycle factors more than other asset types.

Based on projects underway and announced openings, DFW is on track to add approximately 3.48 million square feet of retail space, hitting the 200-million-square-foot mark for the first time this year.

Starwood Mortgage Capital, LLC of Miami originated $40.75 million for the 55 Miracle Mile mixed-use building in Coral Gables and The Nexus property portfolio.