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Commercial Real Estate Direct Staff Report An affiliate of Spieker Investments has paid $76 million, or $380,000/unit, for five apartment properties with 200 units in San Mateo, Calif. The Palo Alto, Calif., company purchased the properties from San Mateo Investment ...
The Real Deal Rialto Capital Management has surrendered Tower Plaza, a 205,997-square-foot office building in San Mateo, Calif., to its lender. The Miami investment manager was delinquent on the $59.9 million loan that TPG Real Estate Finance Trust had provided ...
The Real Deal Rialto Capital Management is delinquent on the $59.9 million loan against Tower Plaza, a 205,997-square-foot office property in San Mateo, Calif. The loan, which is 30 days past due, is securitized through TRTX, 2021-FL4, a collateralized loan ...
Rentv.com A venture of Sares Regis Group and Caltrain has received approvals to build Hayward Park Transit Oriented Development, a 191-unit apartment property in San Mateo, Calif. The venture is building the property at 401 Concar Drive, about 20 miles ...
Square Mile Capital Management LLC has provided $159.3 million of mortgage financing against Clearview Business Park, a six-building office complex with 379,220 square feet in San Mateo, Calif. The loan, arranged by Eastdil Secured, allows the creative-office complex's owner, a ...
Mesa West Capital has provided $178 million of financing against the San Mateo Bay Center, funding the 235,911-square-foot office property's purchase and planned repositioning. The property, at 901 and 951 Mariners Island Blvd. in San Mateo, Calif., which is just ...
San Mateo Bay Center is 88 percent leased. It's undergone $17 million of upgrades since 2015 that included the addition of community outdoor spaces, an on-site café and fitness center, as well as upgrades to the heating, ventilation and air-conditioning ...
Longfellow Real Estate Partners has paid $156 million, or $624/sf, for San Mateo Bay Center, a 250,000-square-foot office property in San Mateo, Calif. The Boston developer bought the property from Rubicon Point Partners, which had acquired it in 2016. Rubicon was ...
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