San Mateo
U.S. Office Sublease Inventory Declines for Third Consecutive Quarter
U.S. office sublease inventory declined for the third straight quarter and is now 7.6% below its peak in the second… Read more
Roblox Levels-Up with New Offices in San Mateo
Necessity may be the mother of invention, but re-invention is a force in Silicon Valley. This time, acreage is being… Read more
Woodlake Center is Woodmont’s Latest Assignment
Woodmont Real Estate Services recently added a new management account to its roster: Woodlake Shopping Center. The 50,000-square-foot shopping center… Read more
Single-Tenant Net Lease Asset Achieves a Cap Rate of 6.12%
A new construction single-tenant net-lease investment occupied by LA Fitness recently sold in West Houston. Although the purchase price could… Read more
Ladera Professional Center Trades to Woodstock for $40M
Ladera Professional Center, an office property in Portola Valley, CA, recently sold to Burlingame-based Woodstock Development for $40.35 million. Located… Read more
Longfellow Secures $178M Loan for San Mateo Bay Center Buy
Mesa West Capital recently provided Longfellow Real Estate Partners with a $178 million first mortgage loan to recapitalize costs associated… Read more
Life Science Conversion Opportunity is $156M Selling Point
San Mateo Bay Center, a two-building campus located at 901 and 951 Mariners Island Blvd. in San Mateo, recently sold… Read more
Milpitas Multifamily Asset Refis at $59M
Ilara Apartments, a mid-rise 200-unit multifamily community located in Milpitas, was recently refinanced to the tune of $59 million. The… Read more
12 Bay Area, Sacramento Multifamily Assets Close at $535M
In the fourth quarter of 2020, 12 assets totaling 1,552 units closed with a value of $535.165 million. The transactions… Read more
Sares Regis Completes Bay Area MF Deals, Including $74M Trade with Jay Paul
Sares Regis Group of Northern California completed a pair of Bay Area multifamily transactions. It acquired Mode, a luxury apartment… Read more
California Counties Enact Tighter COVID-19 Restrictions, Gov. Newsom Considers Another Lockdown
County officials across California authorized stricter COVID-19 restrictions on Monday, a day after the state reached 7,415 coronavirus hospitalizations, breaking… Read more
Berkadia Completes $66M Redmond Multifamily Sale
The Bond, a 139-unit mid-rise multifamily property in Redmond, traded hands for $66 million. San Mateo, CA-based G.W. Williams Co. acquired… Read more
Essex Divests Glendale MF for $60M
San Mateo-based Essex Property Trust sold 416 on Broadway, a 115-unit Class A apartment community in Glendale to Ron Nasch… Read more
NorthMarq Delivers $52M in Financing for Ventura MF
San Mateo-based JB Matteson, Inc. received $51.5 million in permanent debt to refinance Vanoni Ranch Apartments, a 316-unit garden-style apartment… Read more
RingCentral Dials Up North Peninsula HQ Renewal
RingCentral signed an 85,000-square-foot headquarters lease renewal at 20 Davis Drive in Belmont, a North Peninsula office property. The provider… Read more
Pulte Picks Up Former San Mateo Office Park for $106M, Plans New Development
An 11-acre parcel between San Francisco and the Silicon Valley was purchased by Pulte Homes for redevelopment into One 90,… Read more
Transwestern Boosts Bay Area Footprint with Three-Person Team
Transwestern Real Estate Services (TRE) expanded its commercial real estate project, construction and relocation management services in the Bay Area.… Read more
KTGY Adds Darin Schoolmeester to Irvine Team
KTGY Architecture + Planning has added Darin Schoolmeester, AIA, NCARB, LEED AP as a principal in the firm’s Irvine office.… Read more
Acacia Capital Buys Pleasanton Multifamily for $248M
San Mateo, CA-based Acacia Capital has acquired Park Hacienda, a 540-unit, garden-style apartment community within the Hacienda Business Park in… Read more