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
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
Mosser Companies Takes Down 6-Story Mixed Use Building for $15.4M
Address: 1029 Geary Street, San Francisco, CA Seller: Urban Green Investments Buyer: Mosser Companies RBA SF: 38,184 SF building Lot size: 0.21 AC (9,147 SF) Selling price: $15,450,000 ($404.62/SF ) … Continue reading
Alexandria Real Estate and Uber Partner Up to Acquire Two Development Sites in Mission Bay
Alexandria Real Estate Equities, a roughly $9.3 billion total market capitalization real estate investment trust based in Pasadena, CA, has formed a partnership with Uber Technologies to acquire two development … Continue reading
555 Sutter Street, SF Changes Hands for $7.5M
Address: 555 Sutter Street, San Francisco, CA Seller: Brothers International Holding Corp. Buyer: Rich State – Arkansas Inc. RBA SF: 20,765 SF building Lot size: 0.14 AC (6,081 SF) Selling price: … Continue reading
Essex Property Trust Purchases Downtown San Mateo Land for Development
Essex Property Trust (NYSE:ESS) purchased 1.2 acres of land on 5th Street in downtown San Mateo from the Sand Hill Property Co. in a step to develop the property. The … Continue reading
San Jose Warehouse trades for $75/psf
Address: 210 Phelan Ave, , CA Seller: Griffoul Living Trust Buyer: R&C Brown Associates RBA SF: 42,000 SF building Lot size: 1.44 AC (62,726 SF) Selling price: $3,150,000 ($75.00/SF ) Type: Industrial-Warehouse … Continue reading
Maryland based ASB Capital Adds 989 Market Street to Portfolio
Address: 989 Market St, San Francisco, CA Seller: Harbert Management Corp Buyer: ASB Real Estate Investments (ASB Capital Management) RBA SF: 111,497 SF building Lot size: 0.38 AC (16,552 SF) Selling price: $61,250,000 … Continue reading
The Peninsula Industrial Pros 