City: San Francisco

Klingbeil Capital Management has paid $49.5 million, or $361,313/unit, for Avery at TownCentre, a 137-unit apartment property in Brentwood, Calif. The Manassas, Va., investment manager purchased the property from ConAm Group, which had acquired it in 2015 for $26.4 million. Cushman ...

Rentv.com AWH Partners has paid $41.7 million, or $287,586/room, for the 145-room Hilton Garden Inn in Fremont, Calif. The New York hotel investor purchased the property from Baywood Hotels of Columbia, Md., which was represented in the deal by Colliers ...

Bank of China has provided $190 million of financing against the 271,000-square-foot office property at 633 Folsom St. in San Francisco. The seven-year loan was arranged by JLL Capital Markets on behalf of the property's owner, Swig Co. of San ...

Hines Atlas US LP, a venture between Hines and the National Pension Service of Korea, has completed its $800 million purchase of the 1.6 million-square-foot headquarters of Pacific Gas and Electric Co. in San Francisco, with plans to redevelop it. ...

CIM Group has provided $67.5 million of financing to help fund the purchase and renovation of the 189-room Villa Florence hotel in San Francisco. As reported, a venture of AWH Partners and the Roxborough Group bought the property for $87.5 million, ...

San Francisco Business Times Yelp Inc. has agreed to lease 53,596 square feet at Salesforce East, a 450,000-sf office property in San Francisco. The web site operator that publishes business reviews will occupy three of the 30 floors at 350 ...

A venture of AWH Partners and The Roxborough Group has paid $87.5 million, or $462,963/room, for the Villa Florence hotel in San Francisco. Pebblebrook Hotel Trust sold the 189-room property, which the Bethesda, Md., REIT had assumed through its acquisition three ...

San Francisco Business Times Chris Foley, founder of local development group Ground Matrix, has filed plans to build a 623-unit apartment property at 620 Folsom St. in San Francisco. The property would take the place of a 48,000-square-foot office building ...

Rentv.com Montana Avenue Capital Partners LLC has paid $19.3 million, or $360.07/sf, for Nine Seventy, a 53,600-square-foot office and research and development property in Sunnyvale, Calif., about 40 miles south of San Francisco. The Los Angeles company purchased the property ...

Finn Capital has paid $55 million, or nearly $424/sf, for 1649 Adrian Road, a 129,759-square-foot industrial building in Burlingame, Calif. The company is led by Stephen A. Finn, a San Mateo, Calif., property investor. It had purchased the building from ...