Tesla’s Master Plan for Factory Expansion to be Reviewed by Fremont Planning...
By Jacob Bourne On October 13, the Fremont Planning Commission will review Tesla’s Master Plan for a potential factory expansion at 45500 Fremont Boulevard. The planning staff report recommends...
View ArticleTwo Diablo Technology Center Buildings Sell for $27.5MM, Third Under Contract
(EDITOR’S NOTE: Diablo Tech Center I and II has been acquired by San Carlos-based Black Mountain Properties, according to sources familiar with the transaction. The purchase price was $27.5 million....
View ArticleCBRE Global Investors Acquires California Plaza in Walnut Creek for $132MM
(EDITOR’S NOTE: According to public documents, the asset sold for $131,950,000 in a transaction that closed on October 26, 2016, Tishman Speyer, the seller, had purchased the property in December of...
View ArticleLegal Challenge to Downtown Berkeley Mixed-Use High-Rise Struck Down
By Jacob Bourne On October 19, Alameda County Superior Court judge, Frank Roesch, denied petitions brought forth against a large mixed-use residential project in Downtown Berkeley, which challenged the...
View ArticleColliers Study Suggests Bay Area Second-Tier Markets Have Room to Grow
By Jacob Bourne Ryan Wagner, multifamily broker and senior vice president at Colliers International, and his colleagues, compiled Q3 data on Class A apartment rents within a 0.25 radius of major...
View ArticleKilroy Breaks Ground on 100 Hooper in San Francisco and Announces Adobe as...
LOS ANGELES–Kilroy Realty Corporation announced today that it broke ground on 100 Hooper, a $270 million, 400,000 square foot project located in the SOMA district of San Francisco. Adobe, one of the...
View ArticleJob Boosting Downtown San Jose Commercial High-Rise Gets Approved
By Jacob Bourne On November 9, a Planning Director’s Hearing was held approving an 18-story, 1.5 million square foot high-rise to provide 700,000 square feet of office and retail space at 333 West...
View ArticleSan Mateo County Considers Impact of Regional Planning on Local...
By Jacob Bourne The City/County Association of Governments of San Mateo County has embarked on a long-range planning process for the future of transportation infrastructure within the County’s 741...
View ArticleSobrato Aims to Have Warm Springs Technology Center Occupied by Q4 2018
By Jacob Bourne The Sobrato Organization has submitted a Master Plan to the City of Fremont for its Warm Springs Technology Center to be located on a 21.5-acre parcel bounded by Warm Springs Boulevard,...
View ArticleCarmel Partners Plans Major Apartment Development in Oakland as First Deal...
By Jon Peterson San Francisco-based Carmel Partners has made plans for the future to develop a 573-unit apartment project in Oakland called 1314 Franklin. The development of the apartments will not...
View ArticlePacific Urban Buys Apartment Complex in Fremont for $74.5MM
By Jon Peterson Palo Alto-based Pacific Urban Residential paid $74.5 million, or roughly $365,200 per unit, to acquire the 204-unit Fremont Glen Apartments in Fremont located at 889 Mowry Avenue,...
View ArticleVanbarton Group Buys 39 Stockton in San Francisco for $33MM, or $2,687/SQ FT
Vanbarton Group, a privately owned, vertically integrated real estate investment and advisory firm with corporate offices in New York City and San Francisco purchased the retail building located in the...
View ArticleMurphy Crossing in Milpitas Sells for $88MM
The Murphy Crossing campus in Milpitas closed in mid January for $88 million, or approximately $239 per square foot. The seller was Los Angeles-based CBRE Global Investors and the buyer was San...
View ArticleOakland’s Temescal Neighborhood Could Be Transformed by High-Rise
By Jacob Bourne Significant development activity continues on an eight-acre set of parcels just adjacent to Oakland’s MacArthur BART Station main entrance. Formerly known as the MacArthur Transit...
View ArticleNewmark Cornish & Carey: Newness Abounds in North I-680 Market
By Jacob Bourne “The North I-680 corridor is in a state of transformation, which is very positive in terms of the area’s long term economic growth and health of the office market,” said Tom Fehr,...
View ArticleDivcoWest Acquires Historic San Jose Asset for $14.4MM
(EDITOR’S NOTE: According to sources familiar with the details of the transaction, the transaction closed for $14.4 million, or $172 per square foot. DivcoWest funded the purchase through it’s Fund V....
View ArticleSJSC Towers Project Gets Green Light From San Jose
By Jacob Bourne The SJSC Towers mixed-use project proposed for San Jose’s Downtown received approval on March 15 at a Planning Director’s hearing. The project site is right across from City Hall on the...
View ArticleHayward Holds Design Charrette to Guide Draft Downtown Specific Plan
By Jacob Bourne A design charrette ended March 18 following five days of workshops and presentations involving Hayward City officials, a planning consultant team, neighbors and community stakeholders....
View Article1100 Broadway in Oakland Sells Between $9MM & $10MM, UC to Lease 130,000 SQ FT
(EDITOR’S NOTE: According to sources familiar with the details of the transaction, the sale price for the lot came between $9 million and $10 million. The joint venture between San Francisco-based SKS...
View Article“The Fields” Brings High Density Development to Milpitas
By Jacob Bourne Developer Lyon Living is in the midst of constructing a large mixed-use project on an 11-acre site in Milpitas. The Fields — formerly The District Milpitas — will add approximately...
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