San Francisco
Longfellow Lands $178M Loan for Office-to-Lab Conversion
Mesa West Capital provided the financing for the purchase and repositioning of a two-building campus in San Mateo, Calif.
Gigamon’s San Jose HQ Trades for $45M
The property last changed hands for $38 million in mid-2015.
Behind Oracle’s $155M San Jose Deal
PIMCO and Lane Partners secured a loan from Blackstone Mortgage Trust for the purchase of the downtown office tower.
Hines Fund to Buy PG&E’s San Francisco HQ for $800M
The utility firm plans to relocate from the 1.4 million-square-foot complex to a new home base in Oakland.
Embarcadero Capital Sells Silicon Valley Asset for $29M
According to CommercialEdge data, the sale price of the R&D property has nearly doubled since its previous trade.
Goodman Group Breaks Ground on 1.5 MSF Logistics Campus
The four-building speculative development will offer freeway access to LAX as well as the Los Angeles and Long Beach ports.
Phase 3 Real Estate Acquires San Mateo Office for $168M
The Class A, 383,123-square-foot office asset was converted to target life science tenants in 2016.
First Industrial Buys Alameda County Facility for $12M
The REIT is planning to invest in property upgrades, which will include a roof replacement and seismic retrofit.
Salesforce Signs New Tenant at San Francisco Tower
An advisory firm will occupy a full floor at the 41-story high-rise.
Top 5 Office Projects Under Construction in California
According to CommercialEdge data, some 38.5 million square feet of office space were underway as of April.