San Francisco
Bay Area’s Tech Jobs “Soften” as Economy Evolves
To learn more about San Francisco’s economy and investment opportunities, attend Connect San Francisco on May 12th at the Hibernia Bank.… Read more
Airbnb Goes After Illegal Rentals
For more news on start-ups and tech giants’ plans in San Francisco, attend Connect San Francisco on May 12, 2016… Read more
CBRE Completes $15.6M Hillcrest Multifamily Sale
A three-story, 56-unit multifamily complex in Hillcrest was sold by Klingbeil Capital Management to E&B Ranch Properties for $15.6 million.… Read more
Carmel Partners Emerges as Contender for Prime Oakland Site
San Francisco-based Carmel Partners is reportedly emerging as a leading candidate to acquire a nearly 1.40-acre site next to Oakland’s… Read more
Alexandria, TMG JV Proposes Mixed-Use in SoMa
Pasadena-based Alexandria Real Estate Equities and San Francisco-based TMG Partners submitted a revised plan to the San Francisco City Planning… Read more
Lennar, Wilson Meany Initiate $6B Treasure Island/Yerba Buena Island Redevelopment
Treasure Island Community Development (TICD) initiated a decade-long construction process for its ambitious $6-billion redevelopment of Treasure Island/Yerba Buena Island.… Read more
Google Expands into 280K SF at Moffett Towers
Mountain View-based Google Inc. expanded its presence in Sunnyvale, reportedly taking roughly 280,000 square feet at Jay Paul Co.’s 1.8-million-square-foot… Read more
Dated Laguna Hills Mall Set to Become Destination Center
San Francisco-based Merlone Geier Partners gained city approval to revitalize Laguna Hills Mall and update the 68-acre property into a destination… Read more
Construction Activity Grows Slowly in 2016
JLL’s U.S. Construction Outlook reports that construction activity is expected to grow this year, but at a slower rate than… Read more
Russellville Commons in Portland Sells to MG Properties
MG Properties Group has acquired the 283-unit Russellville Commons Apartments in Portland, OR. The San Diego-based buyer paid $57.8 million… Read more
Lennar Urban’s $3B Candlestick Point Approved
Lennar Urban received good news about its massive mixed-use Candlestick Point development. Two city commissions approved amended development plans that… Read more
Investcorp Spends $114M on Two MF Assets
Investcorp’s U.S.-based real estate arm acquired multifamily properties in Minnesota in two separate deals. The New York City-based Investcorp and… Read more
Orange County Least Expensive CRE Market
Although total Orange County market office rents increased 27.2 percent since 2012, while industrial rents have risen 24.8 percent through… Read more
Virgin America Eyes Sale
Virgin America is reportedly considering selling all or part of the company. The Burlingame-based airline hired an unnamed financial advisor… Read more
Kilroy Assembles More Land for $1.5B Flower Mart in SoMa
Los Angeles-based Kilroy Realty Corporation (KRC) acquired a 1.75-acre site at 5th and Brannan St. for its $1.5-billion Flower Mart… Read more
Partners Group to Build HQ in Denver Metro
Swiss company Partners Group has announced it will build its Americas operations headquarters campus in the Denver metro area, with… Read more
Silverstone Enters Phx with $18M Buy
Silverstone Moreno LLC, based in Carlsbad, CA, acquired the 226-unit Sorrento Apartments at 901 S. Dobson Rd. in Mesa, AZ.… Read more
Hotel del Coronado Part of $6.5B Acquisition Deal
The historic Hotel del Coronado is being acquired by a Chinese insurance company as part of a $6.5-billion deal reportedly… Read more
McKesson to Acquire NEC Campus for HQ
The McKesson Corp., based in San Francisco, will open a regional office in Irving, TX, a suburb of Dallas. As part… Read more