February 8, 2002 Commercial Real Estate Direct Staff ReportDALY CITY, Calif. – A London-based property company has contracted to pay $119 million, or about $140/sf, for the Serramonte Shopping Center, a major regional mall just south of San Francisco.Capital & ...
aka Harper Plaza; sale includes 88 pkg stalls in adj garage; Swinerton will use 7-story bldg for HQ once it's vacant in March
January 8, 2002 Developers Diversified Realty (NYSE:DDR) has contracted to buy two retail properties in California from Burnham Pacific Properties Inc. (NYSE:BPP) for $65.4 million.The Cleveland, Ohio, REIT is buying the 123,000-square-foot retail component of 1000 Van Ness, a mixed-use ...
January 8, 2002SAN FRANCISCO – Shuwa Investments of Tokyo has sold 500 Washington St., a 100,000-square-foot office building in the downtown for $30.39 million.The Public Policy Institute of California last month paid about $304/sf for the eight-story building, where it ...
on market for $46 million, or about $372/sf--DDR buying with above property for $65.4 million.
The opportunity fund sponsor is almost halfway to its goal of raising $250 million for its seventh value-added investment vehicle. The fund hopes to take advantage of the current downturn in the economy.
aka Pacific Lumber Building; it is home to 12 tenants, including the buyer
November 21, 2001 By Brad Berton, Commercial Real Estate Direct Contributing WriterAmid a struggling downtown San Francisco office market, law firm Farella Braun + Martell LLP has renewed and expanded its lease at the historic Russ Building, which is owned ...
October 23, 2001 OAKLAND, Calif. – Deborah Walter has been named controller of Madison Park REIT, which specializes in developing and managing live-work lofts.Previously, Walter was controller at Exactly Vertical, based in San Francisco.Madison Park REIT has more than $50 ...
October 22, 2001 SAN FRANCISCO – Bruce M. Krall, vice president and regional manager of Fremont Investment & Loan, has joined Cohen Financial as director of its capital markets unit.Krall will work out of Cohen's San Francisco office, reporting to ...
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