San Jose
Bailard Buys District 237 Asset in San Jose from KBS
Foster City-based Bailard acquired 250 Holger Way at District 237 in San Jose from KBS’ KBS Real Estate Investment Trust… Read more
Kennedy Wilson Claims Six-Building Silicon Valley Portfolio
Beverly Hills-based Kennedy Wilson acquired a six-building Silicon Valley R&D portfolio in South San Jose for $53.5 million. The nearly… Read more
Greystone Delivers $52M Refi for San Jose Manufactured Housing Community
Greystone provided a $52,250,000 Fannie Mae Delegated Underwriting and Servicing (DUS) loan to refinance Chateau La Salle, a 434-unit manufactured… Read more
U.S. Apartments Manage Second Month of Rent Gains
U.S. apartment rents eked out a second consecutive month of growth, increasing by an average of $1 nationwide from July… Read more
Where to Find Some of the Best Opportunity Zone Opportunities
A widespread group of mostly-impoverished, densely-packed urban neighborhoods offers some of the best potential for Opportunity Zone investment, according to… Read more
California Markets Rank Among Top for Net Lease Investment Volume
Research from CBRE shows three California markets were ranked among the Top 10 for total net lease investment volumes during… Read more
Urban Catalyst’s Fountain Alley Building Advances in Downtown San Jose
Urban Catalyst secured a Site Development Permit approval for the Fountain Alley Building in San Jose. This milestone also includes… Read more
Sand Hill Property Inks Guardant Health to 250K-SF Deal
Sand Hill Property Co. signed a 250,000-square-foot sublease with Guardant Health at 3000 Hanover St. in Palo Alto. The cutting-edge… Read more
Apartment Rents Post First Monthly Gains Since February
Multifamily rents increased by $2 nationally in July to $1,460, according to a Yardi Matrix report. The monthly increase ended… Read more
Trio of Bay Area MF’s Trade Hands for $34M
Levin Johnston of Marcus and Millichap directed three Bay Area multifamily property sales for a total consideration of $34.32 million.… Read more
San Jose’s Tallest Development Tops Out
Bayview Development Group reached a construction milestone on San Jose’s tallest building. MIRO, a 630-unit mixed-use residential community comprising two… Read more
Google’s $1B Housing Initiative Funds $115M in Projects So Far
On the one-year anniversary of Google’s announced $1-billion affordable housing pledge, the tech giant reported so far it had allocated… Read more
CBRE Global Investors Acquires Two Class A San Jose Office Buildings
A fund sponsored by CBRE Global Investors acquired two Class A office buildings in San Jose, reportedly for nearly $173.54… Read more
J.P. DiNapoli Unveils Striking Design for San Jose Office Tower
San Jose-based J.P. DiNapoli Cos. Inc. unveiled the design for Almaden Boulevard Tower, a proposed 20-story office development in downtown… Read more
78 Million Square Feet of New Office Will Come Along at an Opportune Time
Among the bright spots of May’s surprisingly strong jobs report was the gain of 464,000 positions in construction employment. This… Read more
Essex Divests Downtown San Jose MF Tower for $175M
SoCal-based OSM Property LLC acquired One South Market, a 23-story high-rise at 1 S. Market St. in downtown San Jose… Read more
KBS Divests Pair of Office Buildings in San Jose for $95M
Newport Beach-based KBS sold two additional buildings at District 237, a Class A office/R&D complex in San Jose. The properties,… Read more
Industry Icon William Millichap Passes Away
Marcus & Millichap announced that co-chairman William A. Millichap has passed away after a year-long battle with cancer. He was… Read more
San Francisco MF Rents Reverse Course, Record Regression Reported
New research shows the multifamily sector in key U.S. markets is starting to reflect the challenges of a COVID-19 induced… Read more