San Francisco

A newly renovated office in Redwood City and a multifamily community in Mountain View sold for a total transaction volume of $28.6 million as part of a successful 1031 exchange.

Modera Lake Merritt, which sits one block from Lake Merritt, features 1,650 square feet of retail space and 173 studio, one- and two-bedroom homes in a project being developed by Mill Creek Residential.

The Institute of Real Estate Management has hired an Innovator-in-Residence, James Scott. His mission: To help real estate managers make sense of the growing flood of PropTech advancements. This will also be his focus at the 2019 IREM Global Summit.

Last year, Amazon, ULTA Beauty and The Gap completed or announced large e-commerce fulfillment center projects in Fresno representing a $410 million total investment projected to add 3,657 new jobs.

Brick and Timber Collective LLC recently snapped up 900 Kearney for $27 million from sellers Newcastle Partners Inc. and partner Drake Real Estate Partners after the JV's successful renovation campaign.

Leasing is underway at Alexan Webster, a seven-story 234-unit mixed-use community developed by Trammell Crow Residential and managed by Legacy, located at the northwest corner of Lake Merritt.

Mapletree Investments Pte Ltd and Mapletree Industrial Trust's purchase of 10 powered base building data centers and establishes a joint venture on three existing turn-key flex hyper-scale data centers.

The California Association of Realtors issued a statement from president Jared Martin, saying it is disappointed by the passage of the bill, which moves California toward statewide rent control.