San Francisco
NYC is Now the World’s Top Tech City
It’s no coincidence that Amazon selected Long Island City as one of two locations for its second headquarters, says Savills… Read more
PCCP Snags Potrero Hill Asset for $120M
PCCP, LLC acquired a four-story, 138,393-square-foot, Class A office building in San Francisco from Lincoln Property Company for $120 million.… Read more
Newmark Realty Capital Hits $2.5B CRE Mortgage Activity in 2018
San Francisco-based Newmark Realty Capital (NRC), Inc. completed $2.47-billion of commercial mortgages during 2018 across 270 transactions. This is the… Read more
Charlotte Russe Declares Bankruptcy, Plans to Close Nearly 100 Stores
Charlotte Russe Holdings Corporation, together with its subsidiaries, voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in… Read more
Newcastle Divests Spec Riverside Industrial Development to Dermody
San Francisco-based Newcastle Partners, Inc., along with its joint venture partner Sun Life Assurance Company of Canada, sold a 260,000-square-foot… Read more
Rick Gallitto Joins Plum as President, Head of Real Estate
San Francisco-based Plum Inc. expanded its executive team with the addition of Rick Gallitto who joins as President and Head… Read more
Transbay Center Starting Cracked Beams Repair Work
Two cracked steel beams that forced the closure of San Francisco’s Transbay Terminal last September are now undergoing repairs. The… Read more
Life Sciences Sector Growth Outpaces Economy by 5x
Increased investment and employment in the life sciences sector has driven life sciences related real estate to new heights, according… Read more
Boston Properties Joins San Jose’s 1.1M-SF Platform 16 Development Team
Boston Properties, Inc. joined with San Francisco-based TMG Partners and Valley Oak Partners to co-develop Platform 16, an urban campus… Read more
Tishman Speyer Releases Penthouses at San Francisco’s Lumina
The top-floor penthouse homes at Tishman Speyer’s Lumina have been released to market. These final remaining residences in the 656-unit… Read more
Prospect of Rent Control Has Owners Wary Statewide
“Rent control has been seen as a Chicago issue, but it really is a statewide issue,” said Illinois Realtors’ Brian… Read more
Berkeley Bags Industrial Portfolio for $248M, Colorado’s Largest Ever
San Francisco-based Berkeley Partners purchased a 1.95-million-square-foot Colorado Industrial Portfolio (CIP) from Etkin Johnson Real Estate Partners for $247.5 million.… Read more
Kilroy’s 350 Mission Snags World’s Largest Zero Waste Certification
Kilroy Realty Corporation’s 350 Mission Street in San Francisco received a TRUE Zero Waste Certification (gold level) from USGBC. The… Read more
$500M Pledge from Zuckerberg-Led Group Boosts Bay Area Housing Initiative
The Partnership for the Bay’s Future, a philanthropic organization started by Facebook Inc.’s Mark Zuckerberg and his wife Priscilla Chan, is pledging… Read more
Prologis Completes 17 BTS’s Totaling 4.4M SF Second Half of 2018
San Francisco-based Prologis, Inc. completed 17 build-to-suit projects in the second half of 2018 totaling more than 4.4 million square feet, with… Read more
FIBREE Aims to Spread the Good Word About Blockchain
Having launched this past summer in Europe and expanded across the Asia Pacific region, a group aimed at sharing blockchain… Read more
NAPA Ventures Unloads 700 Units
NAPA Ventures LLC sold four assets from its portfolio, totaling 700 units. The Austin-area company disposed of: Ravenwood Apartments, 2333… Read more
CIM Claims Dexter Horton Building in Seattle for $151M
Los Angeles-based CIM Group acquired the Dexter Horton Building, a 15-story, roughly 335,000-square-foot Art Deco office building in Downtown Seattle… Read more
Build Introduces $42M Investment Fund, Plans 2,000 MF Units Across Bay Area
San Francisco-based Build raised a $42.1 million GP Co-Invest Fund to develop new multifamily residential projects throughout the Bay Area.… Read more