San Francisco Office Property Comes to Market with Discounted Asking Price

Multi-Housing News JB Matteson has paid $723 million, or $251,042/unit, for the 288-unit Vantage at Loveland apartments in Loveland, Colo, about 15 miles south of Fort Collins, Colo The San Francisco investor acquired the property, at 1430 South...

Varia US Properties AG, a Swiss company that owns US apartment properties, has agreed to sell a stake in 13 of its apartment properties, with 4,112 units, to Brookfield Asset Management It’s selling a 90% stake in four properties with 1,060...

Puget Sound Business Journal Ares Management has paid $55 million, or $22277/sf, for Tacoma Central Logistics, a 248,000-square-foot industrial property in Tacoma, Wash The Los Angeles investor acquired the property, at 1950 State St, from its...

Denver Business Journal Stonemont Financial Group and PCCP have paid $117 million, or $18253/sf, for North Central Logistics Center, a three-building industrial property with 641,000 square feet in Denver The property is just one of the 38 that the...

Philadelphia Business Journal Zamir Equities is offering for sale a three-building office portfolio in Philadelphia’s Southern New Jersey suburbs totaling more than 315,000 square feet The New York investor has hired Marcus & Millichap to...

Multi-Housing News Bridge Investment Group has paid $501 million, or $278,333/unit, for the 180-unit River Ridge apartments in Tualatin, Ore, about 13 miles southwest of downtown Portland, Ore The Salt Lake City investor acquired the property from...

Triad Business Journal The former BB&T Financial Center, a 272,820-square-foot office building in Winston-Salem, NC, is headed to the auction block RealInsight Marketplace has tapped CBRE to market the empty 20-story building at 200 West 2nd St...

Denver Business Journal Sierra Parkway Communities has paid $32 million, or $209,150/unit, for the 153-unit Fox Hill Apartments in Golden, Colo, about 13 miles west of Denver The Las Vegas investor acquired the property from Monarch Investment and...

The Real Deal Artificial intelligence companies now occupy 85 million square feet, or roughly 10% of all of San Francisco’s office space, according to JLL So far this year, they’ve leased 24 million sf in the city Those numbers likely...

Puget Sound Business Journal A venture of Stoneway Capital and Ardent Capital Management has provided $107 million of financing against the 720,000-square-foot office and hotel property at 225 South King St in the Pioneer Square neighborhood of...