City: Palo Alto

Spieker Living Trust has paid $20 million, or $333,333/unit, for the 60-unit Midtown Court Apartments in Palo Alto, Calif. The Sunnyvale, Calif., trust purchased the property from an affiliate of Webster Financial Corp. of Stamford, Conn. The deal was highlighted ...

Commercial Property Executive A venture of BentallGreenOak and Gray Matter, a subsidiary of Graymark Capital, has broken ground on Bayshore Bio, a 100,000-square-foot life-sciences property in Palo Alto, Calif. The venture acquired the development site, which has three office buildings ...

Wheatley Properties has paid $39.3 million, or $1,137/sf, for 250 Cambridge, a 34,558-square-foot office property in Palo Alto, Calif. The buyer was first identified in a report in The Registry. The local investor purchased the property from Tarlton Properties Inc. ...

Presidio Bay has paid $71.8 million, or nearly $542/sf, for Charleston Plaza, a five-building retail center with 132,590 square feet that straddles the Palo Alto and Mountain View border in California's Silicon Valley. The San Francisco developer bought the 16-year-old ...

Square Mile Capital Management has provided $131.2 million of capital for the construction of Artisan Crossing, a 250-unit apartment property in the San Francisco Bay Area city of Belmont, Calif. The New York investment manager placed a $76 million senior ...

Silicon Valley Business Journal Bay Area Industrial Corp. has paid $33.8 million, or $1,456/sf, for the 23,215-square-foot office building at 445 Sherman Ave. in Palo Alto, Calif. The local company, which was represented by CBRE, purchased the property from Wheatley ...

Walker & Dunlop has provided $45 million of Freddie Mac financing against the 181-unit Palo Alto Commons seniors-housing property in Palo Alto, Calif. The seven-year loan, which pays a fixed coupon, includes a period in which only interest payments are ...