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
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
Los Altos-based Box Takes Down New Crossing 900 Project in Downtown Redwood City
Comparable details: Address: 900 Middlefield Road, Redwood City, CA Landlord: Kilroy Realty Corp/Hunter Storm LLC (joint venture) Tenant: Box.com SF Leased: 334,000 Pricing: $4.40 /psf NNN (est.) Type: Class A Office … 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
Property Rights Upheld for Developers/Investors
A few days ago the Supreme Court decided on Koontz v. St. John’s River Water Management District, which effectively will allow developers and investors to sue local governments for illegally withholding … Continue reading
New San Francisco Seismic Ordinance
By Josh Marrow Recently, San Francisco passed a mandatory Soft-Story Retrofit Ordinance that will require a seismic retrofit of existing buildings identified as having a soft-story hazard, typically on the first … Continue reading
JV Makes 57-Acre Land Buy for Development
By Natalie Dolce SAN FRANCISCO, CA-Trammell Crow Co. and joint venture partner Principal Real Estate Investors have purchased a 57-acre land site fromCisco Systems Inc. located near the existing Cisco campus in North San Jose, … Continue reading
Google To Expand with Large Office Development
Well Google is doing it again. According to several sources, the internet giant has agreed to pay the city of Mountain View approximately $30 million to lease a 9.5 acre … Continue reading