San Francisco
Lennar Sells IL-Based Tapestry Apartments for $73M
Lennar Multifamily Communities sold a 298-unit apartment property, Tapestry, to Stockbridge Capital Group, a San Francisco investment firm. Seller Lennar… Read more
San Francisco Properties Set $200B Assessment Record
San Francisco’s property values now exceed $200 billion, for the first time in history, according to a new report from… Read more
Positives Remain, Concern Rising in CA CRE Markets
California’s commercial real estate continues its boom, but as U.S. economic growth slows, there are signs of this boom topping… Read more
Korean Buyer Shells out $246M for Seattle’s Amazon Phase VIII
Mirae Asset Global Investments of Korea is the new owner of Amazon Phase VIII, a 12-story, 317,000-square-foot retail and office… Read more
Clarion Acquiring Oakland Asset for $211M
New York-based Clarion Partners is acquiring 1999 Harrison St., from San Francisco-based DivcoWest Properties for reportedly more than $211 million.… Read more
C&W Notes ‘Throttle Eases’ in San Francisco Office Market
Cushman & Wakefield’s latest 2Q 2016 office market report reveals that the San Francisco CRE market, which soared along on… Read more
Jonathan Rosenberg Promoted to TCN’s West VP
Jonathan Rosenberg, managing partner and designated broker for LevRose Commercial Real Estate/TCN Worldwide has been promoted to regional vice president… Read more
Affordable Housing Q&A With ROEM’s Alex Sanchez
By Dennis Kaiser Faced with an escalating housing crisis in the Bay Area, the multifamily sector must figure out how… Read more
Cushman & Wakefield Scores Warriors Chase Arena Assignment
Cushman & Wakefield landed a 100,000 square-foot leasing assignment for the retail and restaurant space at Chase Center, the NBA… Read more
Equity Office Sells Financial District Asset for $285M
Chicago-based Equity Office divested 100 Montgomery St., a 25-story, 429,095-square-foot office building in San Francisco to Vanbarton Group, LLC for… Read more
Vestar Awarded Mira Mesa Marketplace Assignment
San Francisco-based Stockbridge Capital Group retained Phoenix-based Vestar for a management assignment of Mira Mesa Marketplace, a 487,807-square-foot regional shopping… Read more
Capital One Commits $125M to Blackstone Acquisition
Capital One Financial Healthcare Solutions, headquartered in Bethesda, MD, committed $125 million, and operated as joint lead arranger and joint… Read more
“Tech Tax” Proposed in San Francisco
San Francisco is considering a “tech tax” that would levy a 1.5% payroll tax on technology companies to help fund… Read more
JLL Skyline Report: Trends Shaping California’s Skylines
JLL just released its annual Skyline Report, which analyzes the Best of the Best office properties in 52 markets across the U.S. Connect… Read more
Blackstone Acquires Market Center
New York-based Blackstone Real Estate Partners acquired Market Center, a 753,000-square-foot, two-building asset for an undisclosed sum from John Hancock Real… Read more
ASB Acquires Market Street Asset for $141.5M
Bethesda, MD-based ASB Real Estate Investment acquired 799 Market Street, a Class A office building in San Francisco, from Atlanta-based… Read more
Airbnb Sues San Francisco Over Unregistered Hosts
Airbnb is suing San Francisco over a law the home sharing company once helped pass, which now requires the company… Read more
George Lucas’ $700M Museum May Come to California
George Lucas is back scouting California sites for his $700-million science fiction museum. The creator of “Star Wars” cited “seemingly… Read more
SF Financial District Office Asset Acquired for $255M
An investment subsidiary of Beijing, China-based HNA Ecological Technology Group Co., Ltd., acquired 123 Mission St., a 28-story office building… Read more