Oakland
Container Traffic Slides on Factory Shutdowns Over Coronavirus
With coronavirus causing longer Lunar New Year shutdowns of factories in China, imports at major U.S. retail container ports are… Read more
Vertical Ventures Buys Historic Wakefield Building for $30M
The Swig Company and STARS Real Estate Investments have sold the eight-story, historic Wakefield Building located at 426 17th St.… Read more
srmERNST/Hillwood JV Signs 127K SF Lease for Alameda Development
A JV of Oakland, CA-based developer srmERNST Development Partners and Hillwood has signed a 15-year lease with Penumbra Inc. at… Read more
New York’s Office Sales Crown Slips in 2019
Although it’s generally regarded as the monarch of U.S. office markets, New York City’s crown slipped in 2019. The year’s… Read more
Broad Coalition Pushes for Revised SB 50 Urban Planning Legislation
California’s SB 50 was reintroduced last week by Senator Scott Wiener (D – San Francisco) at what turned out to… Read more
Oakland Leaders to Endorse SB 50 Affordable Housing Act
California State Senators Scott Wiener (D-San Francisco) and Nancy Skinner (D-Oakland) will join Oakland Mayor Libby Schaaf and a host… Read more
Nation’s Eyes on California as State Wrestles with Affordable Housing
The NY Times has put a spotlight on California’s affordable housing and homelessness struggle, with recent coverage of an Oakland… Read more
City of Oakland Affordable Housing Policy Falling Short of Goals
The Oakland City Council passed an impact fee on new residential developments in 2016 to encourage development of affordable housing… Read more
CBRE Secures $126M Refi for Dublin Corporate Center
CBRE Capital Markets has completed the $126.2 million refinancing of Dublin Corporate Center on behalf of co-owners Oaktree Capital Management,… Read more
Vacancy Control, Not Rent Caps, is the Worry: Coldwell Banker Commercial’s Q&A with Flynn Investments’ Russell Flynn
Multifamily rent control is at the top of the commercial real estate news, leading many to make dire predictions about… Read more
Kaiser Permanente Plans $13B Expansion in Baltimore Region
Kaiser Permanente plans a major expansion in the Baltimore market, as the health insurer triples the number of health care… Read more
Rockpoint, Swig JV Explores Sale of Oakland’s Largest Office Tower
Rockpoint Group and The Swig Company are considering selling 300 Lakeside Drive, Oakland’s largest office building, in a deal that… Read more
Irvine Ranks Among the Nation’s Costliest Commutes
Commutes are especially costly in California, where wages and traffic are high, meaning valuable time is wasted staring at other… Read more
CenterPoint Claims Another East Bay Asset
Oak Brook, IL-based CenterPoint Properties acquired a 130,500-square-foot industrial building in Oakland for an undisclosed amount. Situated on a roughly… Read more
ESPN, Under Armour, LISC to Help Turn Vacant Spaces into Recreation Areas
ESPN, in collaboration with Under Armour and Local Initiatives Support Corporation (LISC) has announced a new initiative to award grants… Read more
TMG Partners Seeks to Add $625M in Bay Area Value-Add Investments
San Francisco-based TMG Partners closed a $220-million separate account to invest in value-add commercial real estate in the Bay Area.… Read more
Economic Equity Network Supports OZ Capital Deployment in Needed Areas
The Economic Equity Network (EEN) was developed and launched to support deployment of Opportunity Zone capital into areas that can… Read more
What $1 Million Can Buy in Today’s Housing Market
A million-dollar home looks very different from one city to the next, according to new research from Zillow. The typical… Read more
TMG Partners Plans Telegraph Tower in Uptown Oakland
TMG Partners commenced leasing efforts for Telegraph Tower, a fully-entitled, next generation office development at 2200 Telegraph Ave. in the… Read more