Regions West | San Francisco
Sares Regis Takes California Industrial Facility, Plans Expansion
Sares Regis Group of Northern California has purchased Pinole Point Business Park in Richmond, Calif.
Research Shows Growing Pipeline of Datacenter Development
According to results from a study commissioned by San Francisco-based internet gateway datacenter owner Digital Realty Trust Inc., the number of datacenter projects on tap for the U.S. over the next 12 months is substantially higher than the anticipated figures from one year ago.
Tavern on the Green May Save Troubled Metreon
The iconic New York restaurant will open a location atop the San Francisco shopping center.
Rincon Residential Towers Ready for Occupants
Capital Properties said today that the Rincon Residential Towers located in San Francisco's financial disctrict are now ready for occupancy.
Chains Find Even More Hostile Environment in S.F.
The city is notoriously opposed to chain stores and restaurants, even when they're seeking to fill empty locations.
Bioscience Firm Plans to Double Foster City Campus to 1.2MSF
Gilead Sciences Inc. is making big expansion plans at its Foster City compound, the San Francisco Examiner reports.
Hypo Real Estate Closes $126M Loan for San Francisco Office Acquisition
Hypo Real Estate Capital Corp. has closed a $126 million loan for the acquisition of Ygnacio Center in Walnut Creek, Calif., which lies in the East Bay region of the San Francisco Bay area.
Willbanks Joins McGuire Real Estate as Realtor Associate
McGuire Real Estate appointment Wendy Willbanks to Realtor® associate in its San Francisco office at 2001 Lombard Street.
Robert Maguire Floats Plan to Take Firm Private
Robert Maguire III, chairman & CEO of Maguire Properties Inc., has proposed a plan to privatize the REIT. The proposal represents the latest chapter in the company's efforts to resolve its debt problems, which is being spearheaded by a special committee of independent directors.
San Fran Apartment San Francisco Apartment Complex Sells for $115M
UDR Inc. has purchased Edgewater Luxury Apartments, a 193-unit multi-family community in San Francisco, for $115 million from Urban Housing Group.
1100 Broadway Design Approval Moves $150M Oakland Office Building Forward
SKS Investments takes the next step toward developing a $150 million office property at 1100 Broadway in Oakland with the Oakland Planning Commission's hands down approval of the design for the 320,000-square-foot green building.
New Urban Takes San Francisco Portfolio
New Urban Properties L.L.C., a San Francisco-based real estate operating company specializing in historic properties throughout San Francisco, has announced it has added three new assets to its portfolio.
Batter Up in Bidding for Site Near San Fran Ballpark
As of yesterday’s deadline, four proposals have been submitted to the Port of San Francisco for redevelopment of a prime parcel on the city’s waterfront, adjacent to AT&T Park, home of the San Francisco Giants.
49ers San Francisco 49ers Step Closer to Santa Clara Stadium
Santa Clara’s city council voted 6-1 Tuesday to accept city staff’s recommendation that city financing for a 49ers stadium is feasible, tackling one more hurdle for the NFL franchise to have its $916 million stadium up and running for football season in 2012.
GE Provides $95M Loan on San Francisco Tower
GE Real Estate has announced it provided a $95 million short-term, on-book loan to a joint venture between Sterling American Property Fund IV and Hines to refinance Parkside Towers, a Class A office building located in Foster City, Calif., part of San Francisco’s South San Mateo submarket.
PREI Takes San Francisco Tower
Principal Real Estate Investors has announced that it has acquired 150 Spear Street office tower in San Francisco, Calif. No financial details were released.
Hawthorne Hines-RREEF Partnership Acquires San Francisco Office Buildings
Houston-based Hines, in partnership with RREEF's Real Estate Opportunity Fund, has acquired a two-building office complex in San Francisco's South Financial District. All together the buildings, called Hawthorne Plaza (pictured), total about 441,400 square feet.
Hotel 480 Union Square in San Francisco Opens
FelCor Lodging Trust Incorporated has officially opened its 30-story hotel 480, located in San Francisco’s Union Square.
Goldman Sachs Urban Investment Breaks Ground in San Francisco
The Goldman Sachs Group Inc. has an official groundbreaking ceremony in San Francisco for 5800 Third Street, a mixed-income 340 unit condominium project, located on the site of a former Coca-Cola bottling plant in San Francisco.
Capital Properties to Renovate, Reposition Rincon Residences
Capital Properties, which acquired Rincon Residential Towers in San Francisco earlier this year, has unveiled redevelopment plans for the property. Besides renovations to the entire property, the New York-based owner will also convert a portion of the residences into a concept it calls "Altavie Suites."
Historic San Francisco Church to Become Affordable Housing for Seniors
The Citizens Housing Corp. has announced the official opening of Buena Vista Terrace, a 40-unit affordable housing development for seniors in San Francisco's Haight-Ashbury neighborhood.
Presideo Lodge Larkspur to Develop 100-Room Hotel at Former Army Base in San Francisco
A hotel has long been planned as part of the massive military base reuse plan for the decommissioned Presidio Army post in San Francisco, and Larkspur Hotels and Restaurants has just been chosen by the Presidio Trust Board to take on the lodging project.
California Retailer Headquarters Sold for $66.5M
Capmark has sold the 336,000-square-foot corporate headquarters of national retailer Mervyn's, located in Hayward, Calif., to a Southern California-based real estate group for $66.5 million.
cupertino Prometheus Arranges $95M Partner Buy-Out
An affiliate of San Mateo-Calif.-based Prometheus Real Estate Group arranged a $95 million mortgage to buy out a partner for Cupertino City Center office Buildings 3 and 4 in Cupertino, Calif.
One Belmar Place Carmel Partners Closes Third Fund at $700M
San Francisco-based Carmel Partners Inc. has closed its third discretionary institutional real estate investment fund, Carmel Partners Investment Fund III with total commitments of $700 million. The fund will focus on underperforming properties in markets with high barriers to entry as well as current projects in Northern and Southern California, Seattle, Denver, Washington, D.C., and Hawaii.
 

The Commercial Real Estate Magazine of Choice


There are many real estate magazines that cover Commercial real estate, real estate news, and commercial real estate lending in San Francisco and across the country, but no one covers the industry like Commercial Property News. From commercial real estate development reports to commercial real estate purchases, CPN covers it all, in print, online, and face-to-face. Subscribe today and take control of the resources provided by the number one magazine in the Commercial real estate market.