SAN FRANCISCO-The 400,000-sf, two-year-old office tower is bordered by Fremont, Howard and Beale streets. Local real estate sources Munich-based GLL Real Estate Partners GmbH paid about $95 million.
ROCKLIN, CA-A civil engineering firm tosses aside its lease in Sacramento in favor of buying an office building in Rocklin, which will now serve as its headquarters.
RICHMOND, CA-The City of Richmond and Assembly Plant Partners LLC have entered a development agreement that will enable the developer to renovate the former Ford assembly plant into a complex that will house artists who create and fabricate sets, scenery, props, exhibits and displays .
STOCKTON, CA-A mortgage refinancing of $10.7 million will give Torcello Development Inc. just the boost it needs to complete its renovation of the Oakwood Apartments, a 318-unit luxury apartment complex in Stockton.
BOTHELL, WA-The last parcel of land on the busy Bothell-Everett Highway intersection at Maltby and Filbert roads will be home to a Walgreen's store and two undecided retail buildings. The developer is Olson Capital.
FEDERAL WAY, WA-A councilman here motions for the city to consider buying the 80-acre, 740,000-sf SeaTac Mall in Federal Way, but his fellow councilmember balk at the thought.
SAN FRANCISCO-A new mid-year market report finds that while San Francisco's commercial real estate market continued experience negative space absorption during the second quarter, a glimmer of hope can be seen in the numbers.
PITTSBURG, CA-Upset with a minimalist review of a proposed 1,100-unit apartment project, opponents are questioning financial relationships between the developer and city officials.
BELLEVUE, WA-Real estate and construction are still gray areas, but as the economy continues in a slow rut, a survey of 200 executives shows hopefulness that an improved economy and interest in new development may pick up the pace.
SAN FRANCISCO-Prudential Commercial Real Estate Solutions began its entry into the Bay Area when it acquired and franchised Belvedere Associates, Inc. in January. Now it plans to rapidly expand throughout the region.