San Francisco
Equity One Buys Potrero Center for $111M; Is Multi-Family Next?
By Alex Girda, Associate Editor
Adding a premiere Bay Area retail spot to its portfolio, Equity One Inc. recently closed on the acquisition of the Potrero Center in San Francisco from the Emerald Fund in a deal estimated at $111 million. The North Miami Beach, Fla.-based retail REIT prevailed in a field of some 30 suitors for […]
Kilroy Realty Extends Footprint to Menlo Park in $162M Office Deal
By Alex Girda, Associate Editor
In its latest big-ticket Bay Area buy, Kilroy Realty Corp. has paid $162.2 million for a 374,000-square-foot office campus in Menlo Park. Kilroy Realty acquired its newest asset, Menlo Corporate Center, from Walton Street Capital L.L.C.
Located on […]
Fate of Salesforce’s Scuttled Campus Site Remains Unclear
By Alex Girda, Associate Editor, and Paul Rosta, Senior Editor
More than two weeks after Salesforce.com surprised San Francisco by pulling the plug on its plans to develop a $2 billion campus in Mission Bay, its plans for the property remain […]
Deals Set Stage for 49ers’ New Stadium to Rise in Santa Clara
By Alex Girda, Associate Editor, and Paul Rosta, Senior Editor
After years of false starts, a new stadium for the San Francisco 49ers is on the verge of becoming a reality. In the wake of key approvals by city officials and […]
Swift Realty Ready to Flip 600,000 SF in Concord
By Alex Girda, Associate Editor
Less than a year after its acquisition of the former Bank of America campus in Concord, Swift Realty Partners is ready to start flipping the property. The company has listed the buildings at 2000 Clayton Road […]
Makeover at 680 Folsom Reels In Riverbed for 168,000 SF Lease
By Alex Girda, Associate Editor
San Francisco is angling for the informal title of innovation capital of the world, to use Mayor Ed Lee’s phrase, and a major lease in the South of Market district is giving the mayor a new […]
Pier 27 Makeover Starts; One Beach Street Trades for $36.5M
By Alex Girda, Associate Editor
A new cruise ship terminal is on the horizon at Pier 27. Following the Jan. 31 demolition of a warehouse, the site initially will house America’s Cup Village, which will provide retail space and restaurants as […]
MetWest Terra Continues Streak with Third Bay Area Purchase
By Alex Girda, Associate Editor
MetWest Terra Hospitality is on a roll in the Bay Area after a flurry of hotel acquisitions. In mid-January, the company picked up the Hotel Abri, a 91-key Downtown San Francisco property that was the company’s […]
Apple Expands in Sunnyvale; East Palo Alto Makeover in Doubt
By Alex Girda, Assciate Editor
Apple has recently signed a lease that may be the opening round of a large-scale expansion by the technology giant in Sunnyvale. Reports peg the deal as the first in a long series of moves that will […]
Salesforce.com, BioMarin Deals Jump-Start 2012 Leasing Market
By Alex Girda, Associate Editor
A pair of major leasing deals is helping the New Year get off to a strong start in the Bay Area. In a $339 million deal that city officials called the biggest of its kind in […]