Regions West | San Francisco
PREI Takes San Francisco Tower
Jan 7, 2008

Principal Real Estate Investors has announced that it has acquired 150 Spear Street office tower in San Francisco, Calif. No financial details were released. The 257,000-square-foot building is on the Spear Street corridor in San Francisco’s South Financial District. The property has unobstructed views of San Francisco Bay, as well as easy access to the Bay Bridge and Highways 101 and 280. Constructed in 1981, the 18-story Class A office building has underground parking and a continuous ribbon window line. The property is currently 78 percent leased.

 
Recent San Francisco Headlines
JV Closes Purchase of San Fran Business Park
July 18, 2008
A joint venture between Shorenstein Properties L.L.C. and SKS Investments completed the acquisition of Oyster Point Business Park and Oyster Cove Marina, a six-building flex/industrial property in South San Francisco, Calif.
San Fran M-F Hits Market
July 16, 2008
Marcus & Millichap has announced the listing of a 74-unit multi-family complex in San Francisco.
Walnut Creek Phase II on Track for $400M Mixed-Use Transit Village
July 16, 2008
A four-partner public-private partnership has broken ground for the second phase of work on a $400 million mixed-use transit oriented development called Avalon Walnut Creek at Contra Costa Center, which is located next to the transit station in Pleasant Hill in California’s Bay Area.
Shorenstein JV Takes 404,000SF San Fran Business Park
July 14, 2008
Oyster Point Business Park and Oyster Cove Marina in South San Francisco have just come under new ownership, courtesy of a deal valued at a reported $85 million.
San Fran Retail Sector Stays Strong
July 10, 2008
As payroll expansion moderates and equity spending further diminishes, retail sales in San Francisco are not projected to reach the robust levels attained in recent years, according to a second-quarter Retail Research Report by Marcus & Millichap.