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SAN FRANCISCO-The datacenter REIT increases its offering by a million shares and prices the shares at $39.38 apiece, which with the over-allotment option would net the company $150.5 million.
SAN MATEO, CA-The Blackstone-owned company in recent days has made 650,000 sf of acquisitions and inked leases with Cisco Systems, Ericsson and Netgear totaling nearly one million sf.
SAN RAFAEL, CA-Oaktree Capital Management of Los Angeles is selling a marina property here for which it has obtained entitlements for a mixed-use development on the uplands.
SAN FRANCISCO-Average effective class A rents in the Financial District here are up approximately 23% in the past year while average class B rents are up nearly 38%, according to a new market report.