San Francisco

The deal for the 23-building complex calculates out to $280,978 per unit, according to Marcus & Millichap, which announced the transaction. The property, which was constructed in 2006, was sold free and clear of existing debt.

The seven-story 939 Ellis, which Seavest Healthcare Properties acquired in June 2018 for $49 million, consists of 87,189 square feet of rentable office space, and 53 parking spaces. The acquisition marked Seavest's entrance into the San Francisco real estate market.

Investors have been active in Sacramento during the last year because of low vacancy, high demand, lack of new construction and affordable developable land, resulted in a spec development spike.

In a GlobeSt.com interview, Knotel's co-founder and CEO provides three key points which have helped the growth of his company.

“With the completion of the TPG Real Estate Partners III fundraise, we are well-capitalized to execute our distinctive investment strategy and continue building a differentiated investment portfolio,” says Kelvin Davis, founder and co-head of TPG Real Estate.

Companies are making the office a place where employees are excited to come to work and inspired to do their best, focusing on amenities at employees' desks, GlobeSt.com learns in this <b>EXCLUSIVE</b>.

In the largest office lease year to date, Asana will occupy the entire 265,890-square-foot office portion of 633 Folsom St., a 12-story building in South of Market.

Orchard Corporate Center, a fully occupied 101,374-square-foot class-A office/R&amp;D campus in North San Jose, was sold by its developer, South Bay Development Company, to a private investor.