SAN FRANCISCO-Little more than a year after acquiring it for $287 per sf, TMG Partners and Farallon Capital sell the property for more than $400 per sf.

'The subprime debacle shook the house of cards.'

WASHINGTON, DC-With final terms settled, the Hines|Archstone-Smith team expects to break ground on the 10-acre site by January 2009.

BELMONT, CA-Broadreach Capital Partners sells a three-story, 160,000-sf class A office building here to Hines US Office Value Added Fund II.