SAN FRANCISCO-An affiliate of Pritzker Realty Group has secured a $48-million refinancing of El Paseo Mall, a 341,069-sf shopping center in San Jose. The lender was Metropolitan Life Insurance Co.
DALY CITY, CA-The mixed-use property in Daly City is acquired by a joint venture that includes Seagate Properties Inc. The complex contains more than 94,000-sf of office space and nearly 80,000-sf of retail and restaurant space. It is 96% leased.
OAKLAND, CA-Oakland officials and business owners want the City of Alameda to scale back plans for a 900-acre mixed-use development because of how it will affect traffic.
SAN FRANCISCO-High office rents and operating costs in San Francisco make it the most expensive place to operate a mid-level technology company, according to The Boyd Company.
SAN JOSE-Borelli Investment Company is complementing its marketing, leasing and property management business with a veteran on the acquisition and renovation side of the business.
SAN FRANCISCO-A community day care center will buy the Japantown YWCA after a five-year court battle between the YWCA and a church coalition to determine the building's true ownership.
SANTA ROSA, CA-Basin Street Properties, owner of the 194,000-sf Oak Valley Business Center, says it has landed two smaller tenants that highlight the diversity and stability of the local market.
SAN FRANCISCO-The 276-unit Plaza East housing project was demolished six years ago because of decay and rodent problems. The housing complex was redeveloped as part of a federal program, Housing Opportunities for People Everywhere.
SACRAMENTO-Several new leases, including a large government deal, have brought Depot Business Park's occupancy rate to 73% from nearly zero two years ago.
OAKLAND, CA-The deepening project is expected to spark an estimated 8,000 jobs, $1.9 billion in increased annual business revenue and $55.5 million in increased local taxes each year.