MONTEREY, CA-The sales price was not disclosed, but an outside source reported that it went for nearly $40 million. USB Warburg LLC put the hotels on the market in January of this year.

SAN FRANCISCO-Including direct vacancies, sublease availabilities and currently occupied space being advertised for lease, the vacancy rate in San Francisco is 20.81%, according to Costar Realty's weekly availability and vacancy report. The direct vacancy rate is 12.71%, according to the report.

BENICIA, CA-The Bay Area Air Quality Management District is now accepting public comment for a proposed power plant that may eliminate city's need for local utility power.

ELK GROVE, CA-The apartment sale, which translates to $98,571 per unit and comes with an 8.34% cap rate, is the third largest sales transaction seen in the Sacramento region this year.

SAN JOSE-At least one investment company is advising technology companies to evaluate their real estate options as possible saviors in the failing economy, with sale-leasebacks becoming a popular trend.

SAN FRANCISCO-Federal, state, county, and city buildings in the region that shut down Tuesday are cautiously open for business today. The locally-based Pacific Stock Exchange remains closed.

FREMONT, CA- The developer, City Beach, Inc. built the original facility to provide adults with a place to let off some steam, while offering corporations a place to encourage employees to learn how to work together as a team, while building leadership and trust skills.

SACRAMENTO-The development is close to California State University and is nearly fully occupied. The buyer was Commercial Ventures. The seller was Jupiter Realty Corp.