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The California developer paid $293/sf for San Francisco's Adam Grant Building in a deal that was financed by First Union. The lender also provided Ellis Partners with $40.5 million to refinance an Emeryville, Calif., tech center.
630 Gateway Blvd. will be done late 2001. No price disclosed for 3 buildings but local brokers put it at $48.7 million for 3 buildings.
November 29, 2000 BOSTON – Boston is one of the best U.S. markets for commercial real estate investment, according to a new report issued by PricewaterhouseCoopers and Lend Lease Real Estate Investments Inc.The study, which ranks Bean Town third, after ...
November 22, 2000 SAN FRANCISCO – Starwood Capital Group LLC has opened a West Coast office at One Embarcadero Center.Marc Perrin, vice president, will relocate from the company's Greenwich, Conn., headquarters to head the office. He will be responsible for ...
November 20, 2000 SAN FRANCISCO – The Martin Group has put 600 Battery St., a 112,208-square-foot building, on the market for $45 million, or $401/sf.Grubb & Ellis is listing the building, which is 100 percent occupied, according to the San ...
November 17, 2000 Commercial Real Estate DirectThe California Public Employees' Retirement System and Houston-based real estate developer Hines have received $130 million in fixed-rate financing for Fifty Fremont Center, a 41-story Class-A office tower in San Francisco's financial district. Another ...
In a deal that could be valued at north of $500 million, an opportunity fund sponsored by the investment bank has bought a stake in a 2.3 million-sf portfolio of office buildings from Blackstone Group.
Part of a $550 million portfolio transaction. Blackstone had about a 90 percent stake in the properties.
October 25, 2000NEW YORK – For the fifth consecutive year, San Francisco has been named the top major U.S. market for commercial real estate investment and development by Emerging Trends in Real Estate, the annual report released by Lend Lease ...
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