San Francisco
Gymboree Closing 350 U.S. Stores
Gymboree Corp. plans to close roughly 350 stores nationally as part of its Chapter 11 bankruptcy restructuring. The San Francisco-based… Read more
Aecom Buying Shimmick Construction for $175M
Aecom is acquiring Oakland-based Shimmick Construction for $175 million to strengthen its civil construction capabilities in the Western U.S. Shimmick… Read more
San Francisco Office Market Continues Strong
The San Francisco office market remains exceptionally strong, as reflected by several new office towers rising and at least a dozen… Read more
Newcastle Acquires San Francisco Office Asset
San Francisco-based Newcastle Partners acquired 900 Kearny Street, a 30,000-square-foot, six-story office building in San Francisco’s Jackson Square for a… Read more
Columbia Property Trust, Allianz Seed JV with $1.26B Asset Contributions
Atlanta-based Columbia Property Trust, Inc. and New York-based Allianz Real Estate formed a joint venture to acquire and manage Class… Read more
Public Transportation Getting Pricier
The good news: Using public transportation to commute to work and back is probably better for the environment, and, depending on… Read more
One Reason For Housing Shortage: Lack of Permits
In theory, it would make sense that builders put up homes in U.S. regions that are adding jobs more quickly.… Read more
Prologis’ BTS Development Pipeline Remains Full
San Francisco-based Prologis, Inc. completed 20 build-to-suit development projects in the first half of 2017. The projects, ranging from a… Read more
San Jose’s Iconic Sainte Claire Hotel Acquired
Aju Hotel Silicon Valley acquired the Westin San Jose from SCH Hotel, an affiliate of Wolff Urban Development, for $64… Read more
Room & Board Backfills Sport Chalet Space at Westfield UTC
Room & Board plans to open its first store in San Diego at the 1.5-million-square-foot Westfield UTC, which is currently… Read more
Office Vacancy Rate Remains Flat Despite Job Growth
The national office market continued along at a lackluster pace, recording the lowest quarterly net absorption in three years in… Read more
Newmark Realty Secures $151M for 30-Asset Arizona Portfolio
San Francisco-based Newmark Realty Capital Inc. secured $151 million in new permanent financing for a 30-property, multi-tenant portfolio of industrial… Read more
New 1M-SF Player Emerges in Epicenter of Burgeoning Google Village
TMG-VOP Julian, LLC, a joint venture between San Francisco-based TMG Partners and San Jose-based Valley Oak Partners, submitted plans to… Read more
Cali Buyer Nabs 488-Bed Student Housing
A San Francisco buyer struck a deal with Asset Plus Cos. to acquire the 152-unit, 488-bed Reserve at West End… Read more
Google Goes Modular
Google is turning into a modular housing developer. It plans to build 300 apartments for its employees, using modular construction… Read more
NFL Teams Create New Facility Experiences
Creative NFL teams are finding new uses for facilities once the final whistle has blown on game day. During the… Read more
Report Details San Diego’s Life Sciences Growth
A new study by the San Diego Economic Development Corp. ranks San Diego No. 2 nationally as a center for… Read more
HFF Secures $80M Acquisition Financing for Houston’s BLVD Place
HFF arranged $80 million in financing for BLVD Place, a 216,692-square-foot, mixed-use retail and office project with 1.42 acres of… Read more
Deutsche Refi’s Chicago Athletic Association Hotel for $80M
Chicago-based AJ Capital secured $80 million through Deutsche Bank to refinance the Chicago Athletic Association hotel, at 12 S. Michigan… Read more