San Francisco
Swig Co. Sells SF Office-Industrial Asset
In recent years, the 50,000-square-foot building underwent interior renovations, including aesthetic upgrades and efficiency improvements.
Trammell Crow Kicks Off 500 MSF Oakland Industrial Complex
The developer teamed up with Principal Real Estate Investors for the construction of San Leandro Business Center, a three-building spec project in San Leandro, Calif.
Dropbox Inks Largest Single Office Lease in San Francisco
Kilroy Realty signed the global collaboration platform company to the 750,000-square-foot development, the largest deal of its kind ever executed in the Bay Area.
Pollack Realty Lands $26M for CA Boutique Hotel
HALL Structured Finance secured the first lien construction loan for the Park James Hotel in Menlo Park, Calif. The 61-key boutique hotel is scheduled for completion in May 2018.
IMH Lands Historic Sonoma Hotel
The Scottsdale-based group purchased MacArthur Place, a 64-key hotel in California. The new owner intends to upgrade and rebrand the hotel as L’Auberge de Sonoma.
PG&E Breaks Ground on CA Training Center
The Livermore Substation Training Center will concentrate on electric substation operations and maintenance.
Vacant 840 KSF Industrial Building Sells in Vacaville, CA
The buyer’s investment strategy includes a comprehensive capital improvement plan to make the facility, located at 700 Crocker, attractive to Bay Area tenants.
Investor Interest Fuels Bay Area
Demand for office space is as strong as ever, prompting developers to roll out a steady stream of new product. The market’s total inventory encompasses 174 million square feet, with an additional 11 million square feet expected to come online by the end of 2017.
Brandon Wang Joins Lincoln Property Company as EVP
Wang has extensive experience in Northern California real estate and he will manage the company’s West unit. He will oversee several operations, including purchases, development, asset and property management.
Historic San Francisco Office Asset Earns LEED Platinum
The Mills Building is believed to be the oldest commercially owned, multi-tenant building in the Bay Area to be awarded the USGBC’s highest certification.