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Total investment activity across all sectors reached $1.14 billion during fourth quarter 2018, the seventh consecutive quarter surpassing $1 billion, which lifted the annual total to $4.48 billion, the highest since 2000.
First and foremost, Soloman Cordwell Buenz wanted to design a building that didn't feel like what would be in Chicago, New York or London; rather, a building that feels like it belongs in Oakland.
2018 was a strong year for Bank of America Merrill Lynch's FHA platform at nearly $150 million in financing; more than in all previous years combined and it is expected to grow in 2019, says Sindy Spivak.
In conjunction with the purchase of the Emeryville Center for Innovation, BioMed Realty reports that Novartis will enter into a one-year leaseback on the existing building, during which time BioMed Realty will put forward redevelopment plans to transform the building into a Class A+, state-of-the-art multi-tenant laboratory and office facility.
Lower parking ratios, incorporating rideshare pick-up/drop-offs into designs and modular construction are just some of the ways to curb housing demand, KTGY's Zac Miles says in this <b>EXCLUSIVE</b>.
Volume in major markets surged 24.8% year-over-year, led by increases of more than 40% in San Francisco last year and Reliant Group just purchased a seven-asset multifamily portfolio here for $116 million.
A mega-office sale consisting of 2100 Franklin St., 2101 Webster St. and 1900 Harrison St. near Lake Merritt, along with a parking structure at 2353 Webster St., sell to Starwood for more than $510 million.
The strongest driver to job growth is, of course, the tech sector and the San Jose MSA unemployment rate tumbled further in 2018, closing at 2.5% from 3.1%, compared to the higher national rate of 3.7%.