Investcorp Purchases San Mateo Office Building for $67.5M
Address: 2121 S. El Camino Real, San Mateo, CA Seller: Goldman Sachs and Scanlan Kemper Bard. Companies Buyer: Investcorp RBA SF: 205,107 Lot size: 3.02 AC (131,551 SF) Selling price: $67,500,000 … Continue reading
1125 Market St Sold to Pacific Eagle Holdings for Development
SAN FRANCISCO–The 12,400-square-foot project site at 1125 Market St. has been sold to Pacific Eagle Holdings Corporation, which is a subsidiary of a Chinese investment group. The seller, MacFarlane Partners, … Continue reading
Kidder Mathews Assists in Morgan Hill Industrial Sale for $5M
Address: 700 Jarvis Drive, Morgan Hill, CA Seller: Pacific Resources Jarvis Inc. Buyer: Kotai Investments LLC RBA SF: 43,000 Lot size: 3.02 AC (131,551 SF) Selling price: $5,000,000 ($116.28/SF ) Type: Industrial … Continue reading
Investor Sentiment Hits New High
By Paul Bubny Spring may be just around the corner, but in the view of investors, it’s already here. Marcus & Millichap said Monday that its quarterly Investor Sentiment Survey … Continue reading
Terreno Continues Buying Spree, Snatches up Union City Industrial Projects
Address: 33306-33580 Alvarado-Niles Rd, Union City, CA Seller: Westcore Buyer: Terreno Realty Corp RBA SF: 170,086 (between 3 buildings) Lot size: 10.04 AC (437,342 SF) Selling price: $23,800,000 ($139.93/SF ) Type: … Continue reading
Foster City Office Building Sells for $39.5M to DivcoWest
Address: 1065 E. Hillsdale Blvd, Foster City, CA Seller: Marin County Employees Retirement Association Buyer: DivcoWest RBA SF: 115,511 Lot size: 5.13 AC (223,288 SF) Selling price: $39,500,000 ($341.95/SF ) Type: Class … Continue reading
Investor Purchases San Carlos Industrial Portfolio for $14.1M
Address: 360-380 Industrial Road, San Carlos, CA Seller: Tanklage Family Partnership Buyer: High net worth investor RBA SF: 85,135 SF (Between 3 buildings) Lot size: 5 AC Selling price: $14,100,000 ($165.62/SF ) … Continue reading
Yelp Signs 102K Lease at 55 Hawthorne Street, San Francisco
Comparable details: Address: 55 Hawthorne St, San Francisco, CA Landlord: Harvest Properties and Invesco RE Tenant: Yelp SF Leased: 102,000 (approx.) Pricing: $call Type: Class A Office Term: 120 Months The … Continue reading
The Prado Group Takes Down the Fog Building in SF for $209/psf
Address: 333 Valencia Street, San Francisco, CA Seller: John Foggy Buyer: The Prado Group RBA SF: 54,000 SF building Lot size: 0.40 AC (17,498 SF) Selling price: $11,300,000 ($209.26/SF ) … Continue reading
Shorenstein Closes on Champion Station Buy
Shorenstein Properties LLC has closed on its purchase of the first phase of Champion Station, a four-building, low-rise office and R&D campus at 110-180 West Tasman Dr. in North San Jose. … Continue reading
The Peninsula Industrial Pros 