The property is fully occupied has 16-foot clear heights, 14 dock positions and 16 ground-level doors.
RGA Reinsurance Co. has provided $20.5 million of financing against Almaden Safeway Center, a 143,452-square-foot retail property in San Jose, Calif. JLL Capital Markets arranged the 10-year loan on behalf of Brothers International Holding Corp. of San Francisco. RGA Reinsurance ...
Commercial Real Estate Direct Staff Report A Pacific Retail Capital Partners-led venture has sold the Eastridge Mall in San Jose, Calif., for $135 million, a price that results in a 5.48 percent capitalization rate, based on the property's in-place net ...
California Bank & Trust provided a $23.5 million loan to facilitate the purchase. Monterey Plaza, at 5502 to 5568 Monterey Highway, was appraised earlier this year at a value of $57 million. The property was built in 1990 and is ...
A group of investors led by George Mersho has paid $23.8 million, or $151.59/sf, for the 157,000-square-foot office property at 303 Almaden Blvd. in San Jose, Calif. Mersho, who is managing partner of Bridge Group Investments, purchased the property from ...
Throckmorton Partners, a Mill Valley, Calif., investor that specializes in the multifamily sector, including student-housing, has struck a deal to lease the property to San Jose State University, which will use the building as student housing. It plans to invest ...
The property, at 1919 Fruitdale Ave., is encumbered by a $52.53 million Freddie Mac loan that's securitized through FREMF, 2017-K726. The loan pays a 3.77 percent coupon and is set to mature this month. The Grove is on track to ...
The Real Deal BKM Capital Partners has paid $30.7 million, or $257.77/sf, for Junction Business Park, a two-building property with 119,100 square feet of industrial and office space in San Jose, Calif. The Newport Beach, Calif., investment manager purchased the ...
The Real Deal Vista Investment Group has defaulted on the $23.8 million loan against the 99,400-square-foot office building at 3100 North First St. in San Francisco. The Santa Monica, Calif., company failed to repay the loan at its maturity in ...
SiliconValley.com Brixton Capital has paid $33 million, or $185.19/sf, for Monterey Plaza, a 178,200-square-foot retail center in San Jose, Calif. The Solana Beach, Calif., investment firm purchased the property from Kimco Realty Corp. in a deal brokered by Newmark. California ...
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