San Francisco

CenterPoint Properties recently purchased the 707,820-square-foot Bay Area Logistics Center from LDK Ventures after Amazon leased the entire class-A building back in May.

The pandemic has heightened inequality and exacerbated the need in the housing market, highlighting a lack of supply and increasing tenant base for low-income households and a large portion of the workforce.

MIG Real Estate has opened escrow on two new Opportunity Zone ground-up multifamily development projects in Fremont and Hollywood, a continuation of an investment strategy to reposition its portfolio in key urban markets.

The facility on 20.23 acres located at 25500 Clawiter Rd. was recently acquired by Dermody Properties, which will demolish and redevelop/rebrand the new facility as LogistiCenterSM at Highway 92.

The Glass Fire in the Wine Country ignited on Sunday at 3:50 a.m. near Calistoga has burned more than 36,000 acres, destroyed some 113 structures and forced the evacuation of tens of thousands in Napa and Sonoma counties.

While outdoor malls have seen stronger foot traffic, indoor malls have seen a higher caliber of visits.

Crucial funding has been secured for the rehabilitation of three historic Single Resident Occupancy hotels: Hotel Madrid, Park View and Gran Oriente, all located on South Park Street less than a quarter-mile from Oracle Park.

Burnham Brown was able to terminate excess space that had multiple years of remaining term, achieve an attractive concession package and a tenant improvement allowance in its lease at 1901 Harrison in Uptown Oakland.