SAN FRANCISCO-Marriott International Inc. sells its new San Francisco Downtown Courtyard hotel to CNL Hospitality Corp. as part of a two-hotel, $143-million deal.
OAKLAND-The City of Oakland is making decisions that favor new development over preserving landmarks. In one case, an 87-year-old hotel will remain intact but the surrounding grounds are open to development.
SAN JOSE-For years, eBay has offered bargain hunters a marketplace to buy everything from jewelry to houses. Now, the online company has teamed up with Regus to give customers access to rental office space.
SAN FRANCISCO-Mercy Housing, an affordable housing provider, held a fundraising event last week to raise money for new affordable housing projects throughout the United States. Mercy collected $800,000.
OAKLAND, CA-Shorenstein Realty Services signed a long-term lease for 28,678-sf of office space in Oakland City Center's 555 City Center. The tenant is Meyers, Nave, Riback, Silver & Wilson.
OAKLEY, CA-The City of Oakley, one of California's newest cities, has hired a consultant to plan the design and development of its Downtown area, and hopes to have a plan by early next year.
FOLSOM, CA-Until recently, developers avoided condominium projects in Folsom and Roseville, due to the affordability of detached homes. However, with the recent increases in the market, condo projects are looking good to developers.
FRESNO, CA-In seperate trnasactions, Passco Real Estates Enterprises Inc. spends picks up two retail centers in Fresno, the Hoover Marketplace and the Northern Village Shopping Center.
CLOVIS, CA-The Clovis Town Center, anchored by B. Dalton Booksellers and Ross Dress For Less, has been purchased by a private investor for nearly $10 million.
SAN FRANCISCO-San Francisco Supervisor Aaron Peskin blasts plans by the Hasting College of the Law, which will demolish affordable housing units to build a giant parking garage.