Richmond
JLL IPT Sells Bay Area Industrial Park for More Than 50% Gain
JLL Income Property Trust has sold Pinole Point, a three-property industrial park in Richmond. Although the REIT did not disclose the… Read more
Primestor Makes First NorCal Acquisition in Richmond
Los Angeles-based Primestor Development has completed its first deal in Northern California with the $36.5-million acquisition of Hilltop Plaza, a… Read more
JLL Arranges Expansion in Richmond for Power Product Start-Up
JLL’s Advanced Manufacturing site selection team arranged a 40,000-square-foot lease for Moxion Power’s “Factory One” expansion at the circa-1930 Ford Motor… Read more
EAH Housing Launches Two-Phase Seniors Project in Richmond
Nonprofit housing development and management organization EAH Housing has launched work on a two-phase affordable housing project, Nevin Plaza. Located… Read more
Newsom Unveils Roadmap Toward Goal of 100% Clean Energy by 2045
California Gov. Gavin Newsom on Thursday unveiled a roadmap for reaching the state’s goal of 100% clean energy by 2045.… Read more
Permanent Loan Refis CMBS on Richmond Industrial Park
Commercial mortgage banking firm Gantry has secured a $19.4-million permanent loan to refinance a maturing CMBS loan on Central Avenue… Read more
EAH Housing Celebrates 55 Years with Plans for 31 Communities
San Rafael, CA-based nonprofit housing development firm EAH Housing is celebrating its 55th year with plans to break ground or… Read more
Reyes Holdings Pays $140M for Richmond Industrial Property
In one of the largest industrial sales in the Bay Area this year, beverage and food company Reyes Holdings has… Read more
Pell Development Acquires Richmond Land Parcel for $115M
Pell Development, a San Rafael, CA-based real estate investment management firm, has purchased a 20.7-acre land parcel in Richmond, CA.… Read more
Moxion Power Leases 130K SF at Richmond’s Historic Ford Point
Ford Point, a historic 479,000-square-foot Advanced Manufacturing and R&D industrial waterfront property in Richmond, CA has leased 130,000 square feet… Read more
Ford Point Industrial Property Sells for $104M
Cushman & Wakefield has advised on the $104 million sale of Ford Point, a historic 479,000-square-foot creative R&D industrial property… Read more
Amazon Adding Another New Facility in Richmond
Amazon is digging deeper into its “Sunny Side of the Bay” (a.k.a., the East Bay) with a reported expansion of… Read more
Newsom Launches $1.1B Initiative for CA Beautification
Gov. Gavin Newsom launched a $1.1 billion initiative in partnership with local governments to revitalize California’s streets and public spaces… Read more
For Surplus Malls, Adaptive Reuse is the Future
The recent news that Prologis paid $117 million to acquire the nearly vacant, 78-acre Hilltop Mall in Richmond, CA points… Read more
Beleaguered Hilltop Mall Gets New Lease on Life
San Francisco’s Prologis recently purchased the sparsely populated 78-acre Hilltop Mall in Richmond for $117 million, finally taking the retail… Read more
East Bay Last-Mile Facility Trades for $50M
TJL Properties, LP divested a 267,500-square-foot light industrial warehouse and office facility in Richmond for $50.13 million. An unnamed institutional… Read more
CenterPoint Snags East Bay Last-Mile Distribution Facility
Oak Brook, IL-based CenterPoint Properties acquired a 707,820-square-foot last-mile facility in Richmond from LDK Ventures. The acquisition of this high-throughput… Read more
Perfect Day Deal Reflects Robust East Shore Life Sciences, Tech Markets Activity
Perfect Day signed a 112,000-square-foot deal at Wareham Development’s Aquatic Park Campus in Berkeley. The sublease by the animal-free dairy… Read more
Amazon Snags San Bruno Warehouse Near SFO for $96M
Amazon acquired a 1948-built warehouse on 7.75 acres in San Bruno near SFO for $96 million. The 215,640-square-foot building was… Read more