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October 11, 2000 SAN FRANCISCO – Pivotal 650 California Street LLC, a venture between the Pivotal Group and investor William S. Levine, has purchased a nearly 500,000-square-foot office building from Sarofim Realty Advisors of Dallas through a $160 million capitalization.The ...
October 10, 2000 WASHINGTON – CarrAmerica Development Inc., an affiliate of CarrAmerica Realty Corp. (NYSE: CRE), has named Jefford S. Nelson as vice president/director of Development for the San Francisco Bay area.Previously, Nelson served as vice president for Polygon Development ...
Prometheus Real Estate Group, which is affiliated with the Diller family of the San Francisco Bay area, has paid $143,000/unit for the Cascades Apartments in Anaheim Hills, Calif. The seller was Bear Capital JV.
October 4, 2000 SAN FRANCISCO – Sun Microsystems Inc. has signed a 10-year lease for 39,500 square feet at Skyway Landing, a development owned and operated by Spieker Properties Inc. (NYSE:SPK).Sun Microsystems will move into its new space in December ...
The partnership is considering selling the entire 1.8 million-sf office complex. It will also consider refinancing the trophy complex or selling a joint venture interest.
Building was purchased through a $160 million capitalization.
Pivotal is under contract to buy tower, which is fully occupied.
September 6, 2000 MENLO PARK, Calif. – Spieker Properties Inc. (NYSE: SPK) has begun construction on The Towers at Shores Center, a two building, 340,000-square-foot office development located in Redwood Shores on the San Francisco Peninsula. The development, estimated to ...
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