Alternative Lender Bayport Funding Gets Capital to Expand
March 30, 2023
Former Macy’s Store in Sanford, Fla., May Become Apartments
March 30, 2023
West
$73Mln Office Sale in Oakland, Calif., Sets Market Record at $365/SF
San Francisco Business JournalBrandywine Realty Trust has acquired Lake Merritt Tower, a 200,000-square-foot building in Oakland, for $73 million from Prudential. The Radnor, Pa., REIT paid $365/sf, setting a record for Oakland office sales. The building is at 155 Grand...
Office Construction Returns to Silicon Valley
Silicon Valley/San Jose Business JournalOffice constriction activity has returned to California's Silicon Valley after a hiatus that lasted several years. A combined 18.33 million square feet of office and R&D construction is under way in Palo Alto, Menlo Park and...
Developer Wins San Francisco’s Pacific Telephone Building with $150Mln Bid
San Francisco Chronicle Wilson, Meany, Sullivan, a local development partnership, submitted a winning $150 million bid for the Pacific Telephone Building in San Francisco. The partnership is expected to take ownership of the 342,000-square-foot building at 140 New Montgomery St....
Developer Wins San Francisco’s Pacific Telephone Building with $150Mln Bid
San Francisco Chronicle Wilson, Meany, Sullivan, a local development partnership, submitted a winning $150 million bid for the Pacific Telephone Building in San Francisco. The partnership is expected to take ownership of the 342,000-square-foot building at 140 New Montgomery St....
Children’s Hospital Assembling Seattle Properties for Research Campus Development
Seattle Post-IntelligencerChildren's Hospital and Regional Medical Center is assembling land near downtown Seattle for a research campus project. The Seattle group most recently paid $43.6 million for a block bounded by Stewart, Terry, Virginia and Boren streets in the Denny...
143,000-SF Retail Center in Yuba City, Calif., Sells for $37Mln
Sacramento BeeA Santa Barbara, Calif., group has acquired 143,000 square feet of the Yuba City Marketplace in Yuba City, Calif., for $37 million. The group, Casa Dorinda and Casa Miravista Apartments LP, acquired the space in the retail facility on...
Children’s Hospital Assembling Seattle Properties for Research Campus Development
Seattle Post-IntelligencerChildren's Hospital and Regional Medical Center is assembling land near downtown Seattle for a research campus project. The Seattle group most recently paid $43.6 million for a block bounded by Stewart, Terry, Virginia and Boren streets in the Denny...
143,000-SF Retail Center in Yuba City, Calif., Sells for $37Mln
Sacramento BeeA Santa Barbara, Calif., group has acquired 143,000 square feet of the Yuba City Marketplace in Yuba City, Calif., for $37 million. The group, Casa Dorinda and Casa Miravista Apartments LP, acquired the space in the retail facility on...
Citizens Oppose Oregon Town’s Plan to Purchase Former Safeco Building
Lake Oswego Review The city of Lake Oswego, Ore., is planning to spend $20 million to purchase the former Safeco Insurance building at 4101 Kruse Way in the city's business district. However, the city's total costs could run between $75...
Citizens Oppose Oregon Town’s Plan to Purchase Former Safeco Building
Lake Oswego Review The city of Lake Oswego, Ore., is planning to spend $20 million to purchase the former Safeco Insurance building at 4101 Kruse Way in the city's business district. However, the city's total costs could run between $75...
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