State: California - CA
Sole Tenant to Leave 256,000-SF Office Property in Redwood City, Calif.
The Real Deal Bristol Myers Squibb is planning to vacate Woodside Technology Park, a 256,000-square-foot office campus in Redwood City, Calif. The New York drug manufacturer's lease for the entire property is set to mature in March 2027. It recently ...
San Francisco Office Property Comes to Market at Discounted Price
The Real Deal A venture of Intercontinental Real Estate and Harvest Properties is offering for sale the Kohl Building, an 85,600-square-foot office property in San Francisco. Intercontinental, of Boston, and Harvest, of Oakland, Calif., has hired JLL to market the ...
284,500-SF Office Building in Los Angeles Comes to Market
The Real Deal Jade Enterprises is offering for sale the 284,500-square-foot office property at 660 South Figueroa St. in Los Angeles. The Los Angeles company has hired Newmark to sell the property, which it acquired in 2014 for $80 million. ...
Work Starts on 301-Unit Apartment Property Near Los Angeles
REBusiness Online R.D. Olson Construction has broken ground on the Alcove, a 301-unit apartment property in Woodland Hills, Calif. The Irvine, Calif., developer is building the seven-story property at 21300 West Oxnard St., about 25 miles southeast of Los Angeles. ...
HP Puts Big Block of Northern Calif. Office Space on Sublease Market
Commercial Real Estate Direct Staff Report Hewlett Packard is offering for sublease a portion of its office space at HPE Campus, a 447,364-square-foot office property in Roseville, Calif. The technology company occupies the entire property and is said to be ...
Appraised Value of San Francisco’s One Union Square Drops
Commercial Real Estate Direct Staff Report The appraised value of One Union Square, a 42,256-sf mixed-use building at 212 Stockton St. in San Francisco has been lowered to $63.4 million. The latest appraisal, highlighted recently in a CMBS Newsflash by ...
Los Angeles Office Property Sells for $20.5Mln; Redevelopment Possible
The Real Deal Izek Shomof has paid $20.5 million, or $95.35/sf, for the 215,000-square-foot office property at 617 West 7th St. in Los Angeles. The local developer purchased the property from Swig Co., which had acquired it in 2011 for ...
More Space Added to San Francisco’s Sublease Market; Vacancy Rate Continues to Rise
The San Francisco office market had 800,000 square feet of office space added to its sublease market last quarter, bringing the total amount of available space to 7.8 million sf, according to Cushman & Wakefield. When the amount of sublease ...
South Korean Investment Firm Backs Out of $145Mln Deal for L.A. Office
The Real Deal Consus Asset Management is said to have backed out from buying the 1 million-square-foot office tower at 777 South Figueroa St. in Los Angeles. The South Korean investment firm reportedly was paying $145 million, or $145/sf, for ...
389-Unit Apartment Property Opens in Morgan Hill, Calif.
Rentv.com MBK Rental Living has opened Vida at Morgan Hill, a 389-unit apartment property in Morgan Hill, Calif. The Irvine, Calif., developer broke ground on the property, at 18125 Butterfield Blvd., in May 2022. The property has one- and two-bedroom ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
