San Francisco
NorCal Industrial Building Receives $13M Refi
NorthMarq arranged the 10-year loan for a single-tenant, 348,500-square-foot facility located in Fairfield, Calif., around 3 miles from the city’s downtown.
Reviving Self Storage in the North Bay
Storage Star broke ground on the first new self storage development in the Napa region in two decades. The company’s president, Matt Garibaldi, reveals details about the project.
Infinity Hotel San Francisco Joins Ascend Collection
The 75-key property in the city’s Marina District is now part of Choice Hotels International’s growing group of boutique and historic hotels and resorts with local flavor.
DRA Advisors JV Buys San Francisco Office Park for $265M
Marina Village’s new owners have tapped JLL to spearhead leasing and are primed to transform 200,000 square feet of the 1 million-square-foot property’s available offerings into premier life sciences space.
East Bay Office Asset Sells for $115M
CIM Group was the seller of the 10-story Class A building, which last traded more than a decade ago as part of a portfolio deal.
Terreno Realty Buys 2 Industrial Buildings for $48M
The company has added to its portfolio around 119,000 square feet of industrial space located in San Francisco’s Dogpatch submarket.
Beacon Capital Makes $600M Sale-Leaseback Deal
An affiliate will buy the San Francisco headquarters of Zynga, the online gaming company, which will then lease about one-quarter of the Class A property.
San Francisco Office Asset Secures $100M in Financing
ASB Real Estate Investments has obtained the loan for 795 Folsom St., a six-story property in the city’s SOMA district that the company acquired in 2013.
San Francisco Office Report – Spring 2019
The metro’s economy continues to expand steadily as a center of the technology and financial industries, and it remains a destination for a young, educated workforce.
Nazareth Enterprises Acquires Bay Area Ice Rink
SPI Holdings sold the 55,000-square-foot San Mateo retail and ice rink facility in an off-market transaction. The ice rink had been slated for conversion to additional retail space.