San Francisco

A historic apartment building in San Francisco is now up for grabs. Alain Pinel Realtors recently announced that the property is available and listed for $27 million.

The homebuilder recently held grand openings for The Cottages, The Reserve and The Retreat at Vineyard Crossing, expanding the area’s housing inventory. Vineyard Crossing is a transit-oriented master-planned community that is located at 717 Misty Circle in the proximity of an ACE train station.

Although it’s just mid-summer, Napa Valley is already ripe for investment. The area’s hospitality market is one of the strongest in the entire state, a fact that has become evident by the recent price paid for a facility by investor Ashford Hospitality Prime. The company announced the completion of an $85 million deal for the Bardessono Hotel and Spa in Yountville.

Kilroy Realty Corporation is setting up shop in South of Market as the West Coast-focused real estate company only recently completed the acquisition of a development site in the area. The site is fully designed and entitled for the construction of a mixed-use creative office campus that will total around 450,000 square feet.

At the beginning of the year, Equity One was planning to submit a plan to redevelop a large retail facility in The Bay Area. Now, the Florida-based company is making it known that the City Council of Daly City unanimously approved its ambitious redevelopment and expansion scheme.

As we previously pointed out, the Silicon Valley area has had a solid spell overall in terms of its industrial sector, a fact that can be traced in the moves investors are making on the market. Now, further confirmation that the south end of the Bay Area has an improving industrial segment as an asset in Fremont was acquired for $13.4 million.