San Francisco
Petaluma Self Storage Gets $12M Financing
Talonvest Capital Inc. provided funding for the joint venture development of a 830-unit self-storage facility in Petaluma, Calif. The property will include two buildings on a site of roughly 2 acres.
HSF Secures $42M for 2 Bay Area Cambria Suites
Stratus Development Partners is planning to begin construction on the two properties in Sonoma County and Napa Valley in September.
Presidio Lands $62M Bridge Loan for Napa Valley Hotel
CBRE Hotels’ debt and structured finance team secured five-year financing for the resort, which opened this summer after renovation of an historic property and construction of six new buildings.
Shea Unveils 76-Acre Bay Area Plan
The company has teamed up with SCS Development for the creation of At Dublin, a sprawling retail hub anchored by entertainment offerings and a food marketplace.
CIM, fifteenfortyseven Team Up for SF Data Center Buy
CIM Group formed a joint venture with data center builder fifteenfortyseven Critical Systems Realty to acquire a 7.3-acre property. The partners will build the first San Francisco data center in more than a decade.
NKF Closes Sale of 15-Story East Bay Office Asset
Situated in a prime transit-oriented location, the Class A tower is located in a rapidly transforming submarket, adjacent to the Concord BART station.
Historic Bowles Hall Awarded LEED Silver Certification
The eight-story castle-like building underwent a $40 million renovation which, at completion, led to the property’s Innovator Award for Best Renovation of Existing University Housing in addition to the LEED certification.
CBRE Closes Bay Area Industrial Sale
4 FACEB Investment LLC nabbed the 75,414-square-foot asset in one of the world’s most expensive logistics markets. The warehouse is within a mile from the Oakland Airport and a 15-minute drive from the Port of Oakland.
CBRE Hotels Expands Northwest, Mountain Practice
Julie Purnell joins the firm as managing director, bringing more than 25 years of experience in strategic planning, business development, acquisition and disposition due diligence, development and asset management in the hotel sector.
SF Amazon Building Lands $15M Refi
HFF placed a 10-year loan with Principal Commercial Capital on behalf of The S.Hekemian Group. The 40,000-square-foot industrial asset is part of a $50 million project underway.