San Francisco
Medical Development and Investment Growing Profile in San Francisco Bay Area
As 2013 draws to a close, developers and investors are scrambling to get their ventures going before the end of Q4, increased activity is seen in most sectors of the real estate market. The San Francisco Bay Area has seen an escalation in the health care sector with Meridian Property Co. announcing the development of four medical clinics in California, three of which are located near San Francisco. The three facilities are going to be built in Fairfield, Walnut Creek and Modesto, with the fourth one taking shape in Pomona, in the L.A. metro area.
$180 M Office Transaction Announces Hong-Kong Investor Great Eagle Holdings’ Arrival to Bay Area Market
It’s been a fruitful few weeks for the San Francisco office market, and it recently got even better with the completion of a major off-market office deal. Foreign capital has elevated its presence in the area’s investment market recently and with the acquisition of the 123 Mission St. asset, Hong Kong-based investor, Great Eagle Holdings has made quite the splash.
Rockwood Capital Acquires 130 Lytton in Downtown Palo Alto for $53M
In a recent grab for a shrinking market of office space in the San Francisco metropolitan area, Rockwood Capital teamed up with Tarlton Properties to buy 130 Lytton, a 50,000-square-foot building in downtown Palo Alto.
Two Landmark Buildings are Acquired as CIM Group Expands and Credit Suisse Enters Local Market
As the final weeks of 2013 come to a close, the San Francisco office market seems to be heating up with investors eager to tie up their big money deals before the end of the fourth quarter.
Jay Paul Breaks Ground on San Francisco’s 181 Fremont Tower
Jay Paul Co. broke ground on 181 Fremont St., a 54-story, 684,000-square-foot residential and office tower near the Transbay Transit Center in San Francisco’s South of Market district.
Twitter Driving Housing Growth in Mid-Market; Shorenstein Signs Fitness Facility at Twitter’s HQ
The influence of major tech companies on the San Francisco Bay Area has propelled the Peninsula, San Francisco and Silicon Valley to the top of the table in terms of the best markets in the nation. While most people discuss Google, Apple and Facebook as major influences, it was Twitter that made the headlines this week, with the success of its recent IPO and the developments at the office building that serves as its current HQ.
Related California Proposes Massive Project as New Core for Santa Clara
Santa Clara is set to have a brand new focal point after Related California recently announced its plan to develop a large city-center-style project. The plan is currently under review by the Santa Clara City Council’s Sports and Open Space Authority, to determine whether the massive initiative will be given the green light. Should Related go ahead with the mixed-use development, the area will add a large number of residential units, office space, retail spots, dining options and jobs, all contributing to the growth of Santa Clara.
Moving Time: Tech Startup Apigee Leases New Space in San Jose to Seal Palo Alto Move, Visa Looking for Space in San Francisco Again
By Alex Girda, Associate Editor The Bay Area’s office market generally benefits from a hot tech market that sees development and leasing that is driven by expanding giants such as Google, Facebook and Twitter, as well as an influx of smaller companies betting on space in the technological epicenter of Silicon Valley. As space changes […]
Madison Acquires Stake in Two-Property Portfolio in California
By Alex Girda, Associate Editor Two Bay Area properties were the object of a recent stake acquisition by private equity firm, Madison International Realty. The company has moved on the market for a share of a two-building portfolio owned by a closed-end fund sponsored by Deutsche Asset & Wealth Management for an undisclosed fee. According […]
German Investor Sells Apple, Bulgari Stores in San Francisco for $160M
Two retail assets in San Francisco’s Union Square district, the Apple store at One Stockton Street and the Bulgari store at One Union Square, have been sold by German investor Deka Immobilien to an unidentified U.S.-based private investor for a total consideration of $160 million.