Sutter Health has paid $450 million for Emery Yards, a 530,000-square-foot life-sciences campus in Emeryville, Calif. The health-care company acquired the property, as well as its surrounding vacant lots, from Blackstone's BioMed Realty of San Diego. The buyer is planning ...
San Francisco Business Times Sutter Health has paid $450 million for Emery Yards, a 530,000-square-foot life-sciences campus in Emeryville, Calif. The health-care company acquired the property, as well as its surrounding vacant lots, from Blackstone's BioMed Realty of San Diego. ...
Citizens Bank has provided $133.6 million of mortgage financing to fund the purchase, by Longfellow Real Estate Partners, of an industrial property in Emeryville, Calif., and its proposed redevelopment into life-sciences space. Longfellow, a Boston investment manager, had purchased the ...
98 percent leased. To fund its purchase of 2100 Powell, CBRE turned to Bank of America for a $112 million mortgage, according to a report in the Mercury News.
97 percent occupied.
The buyer financed its purchase with a $40.6 million loan that was provided by California Bank & Trust and arranged by CBRE Capital Markets.
84 percent leased.
The property is encumbered by a $62.9 million mortgage that was securitized through JPMorgan Chase Commercial Mortgage Securities Trust, 2011-C4. It pays a coupon of 5.13 percent and matures in 2016. It amortizes over a 30-year schedule. Federal Realty said ...
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