Commercial Real Estate Direct Staff Report The 1,024-room Hilton Parc 55 and the 1,919-room Hilton San Francisco Union Square, both of which back a soured $725 million CMBS loan, could soon be sold. The two properties are owned by Park ...
Rentv.com Databricks Inc. has agreed to lease 150,000 square feet of office space at One Sansome St., a 650,000-sf office property in San Francisco. The artificial intelligence company will take its space towards the end of this year. JLL represented ...
San Francisco Business Times Brixton Capital has paid $67.5 million, or $313.22/sf, for Washington Square, a 215,506-square-foot shopping center in Petaluma, Calif. The Solana Beach, Calif., investment firm purchased the property from Paragon Commercial Group of El Segundo, Calif., which ...
Commercial Real Estate Direct Staff Report Kilroy Realty Corp. is reconsidering its plans to develop a 2.3 million-square-foot office property at 610-698 Brannan St. in the Central SoMa neighborhood of San Francisco. The Los Angeles REIT purchased the development site ...
Hearst has paid about $43 million, or $300.70/sf, for the 143,000-square-foot office property at 450 Sansome St. in San Francisco. The New York media company purchased the property from Swiss RE, which had acquired it in 2015 for $89 million. ...
Commercial Real Estate Direct Staff Report Goldman Sachs and Barclays Capital Real Estate Inc. have provided $500 million of mortgage financing against the 586,208-square-foot office property at 1655 and 1725 3rd St. in San Francisco that serves as the headquarters ...
Commercial Real Estate Direct Staff Report Wells Fargo Bank has provided a $73.5 million senior mortgage, while TDA Investment Group provided $34.75 million of mezzanine financing against the 193-unit Ventana Residences in San Francisco. The 10-year financing allowed the property's ...
The Real Deal Essex Property Trust has paid $161.4 million, or $525,732/unit, for the Plaza, a 307-unit apartment property in Foster City, Calif., about 20 miles south of San Francisco. The San Mateo, Calif., REIT purchased the property from Northwestern ...
Commercial Real Estate Direct Staff Report PSAI Realty Partners, which had paid $162 million, or $447.02/sf, for the 362,399-square-foot Plaza at Walnut Creek office property in the San Francisco suburb of Walnut Creek, Calif., funded its purchase with a $97.2 ...
Commercial Real Estate Direct Staff Report Acacia Capital Corp. has paid $184 million, or $605,263/unit, for the 304-unit Franklin 299 apartment property in Redwood City, Calif. The San Mateo, Calif., investment manager purchased the property from Nuveen, a unit of ...
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