Massive Land Swap By Google, LinkedIn Could Pave Way For Mutual Expansion
Google and LinkedIn have reached an agreement to swap properties totaling more than 1 million square feet of existing buildings and 2.54 million square feet in potential development, hitting the … Continue reading
Heavy Industrial Demand And Limited Supply Jolt Sales
Tremendous investor demand and a limited supply pipeline continue to make the Bay Area a sought-after industrial location. The sale of one of only six mega-distribution facilities is a recent … Continue reading
INDUSTRY TITANS ON WHAT BREXIT MEANS FOR US REAL ESTATE
When NYC real estate royalty Richard LeFrak woke up in London yesterday, he knew the world was forever changed. Immediately following the monumental decision, Richard told Bisnow the entire financial services … Continue reading
Pair of Chinese Firms Strike Deal to Trade 123 Mission for $255 Million
Building Would Sell At More Than 30% Premium to Previous Sale In December 2013 In another sign of the super-heated market for commercial property in San Francisco, one China-based company … Continue reading
PIMCO: A storm is brewing in the real-estate market
Pimco is out with an urgent warning about the US commercial real-estate market. In a report released Monday, Pimco’s John Murray and Anthony Clarke wrote that the capital flows that … Continue reading
The McGuire Building in San Francisco Sells for $47MM, Will be Redeveloped for PDR Use
San Francisco, Calif. (February 23, 2016) – The McGuire Building, located at 1201 Bryant Street in San Francisco, has sold for $47 million. Kidder Mathews commercial real estate brokers, Gary … Continue reading
Shorenstein Properties, SKS Partners Seek Development Capital for 2.2 Million-SF Waterfront Project in South San Francisco
The Landing at Oyster Point Represents Only Fully-Entitled Site in the Bay Area Able to Accommodate 1+ Million SF of Office/Life Science Space By Noel Bigay The owners of the … Continue reading
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
Kidder Mathews Q2 Peninsula Industrial Report
After crunching the numbers, here’s the report. Bottom line is pricing, both in leasing and sales, continue to head north fueled mostly by limited supply and increases in sales and … 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