Home » Cities »  (Page 10)

San Francisco


Menlo Park Pledges Affordable Housing to Settle Lawsuit

Menlo Park Pledges Affordable Housing to Settle Lawsuit

By Alex Girda, Associate Editor About 1,000 residential units will be built in Menlo Park to settle a lawsuit over the pace of affordable housing development in its borders. Three Bay Area nonprofit groups took the city to court in order to ban the city from issuing zoning changes or…

Continue reading →

Salesforce’s 80,000 SF Lease May Not Be its Last of 2012

Salesforce’s 80,000 SF Lease May Not Be its Last of 2012

By Alex Girda, Associate Editor When it announced plans for a 14-acre headquarters campus in Mission Bay, a move that followed a 400,000 square-foot lease at 50 Fremont St., Salesforce immediately became the talk of the  the local real estate market. But once the software company surprised the city by announcing that it…

Continue reading →

Matteson Buys Upscale Complex in Novato for $67M

Matteson Buys Upscale Complex in Novato for $67M

By Alex Girda, Associate Editor In a $67 million deal, San Mateo-based Matteson Cos. acquired the Millworks, a 124-unit upscale apartment complex that includes a 39,119-square-foot ground floor Whole Foods Market located in Novato’s Old Town district. The property includes 420,882 square feet ofspace over 124 units, as well as…

Continue reading →

Cordish, Giants Detail $1.6B Waterfront Plan Near AT&T Park

Cordish, Giants Detail $1.6B Waterfront Plan Near AT&T Park

By Alex Girda, Associate Editor, and Paul Rosta, Senior Editor A 27-acre parcel near AT&T Park is the proposed site of a sports-anchored $1.6 billion  waterfront plan  that would be among the nation’s largest urban mixed-use developments. The Cordish Cos. is teaming up with the San Francisco Giants on the 3.5 millon-square-foot office,…

Continue reading →

Old Mervyns’ Site in Hayward Eyed for Multi-Family Project

Old Mervyns’ Site in Hayward Eyed for Multi-Family Project

By Alex Girda, Associate Editor A long-vacant department store in Hayward is on the radar of a developer that wants to transform its site into an upscale residential property, but the plan could be in for some choppy sailing. Closed since 2008, the 335,000-square-foot Mervyns on Foothill Blvd. would be…

Continue reading →

Starwood Hotels and Partners Detail Lofty Plans For Cupertino

Starwood Hotels and Partners Detail Lofty Plans For Cupertino

By Alex Girda, Associate Editor In a move that Starwood Hotels & Resorts Inc. hopes will capture the Silicon Valley’s young, hip demographic, the company is bringing its Aloft select-service brand to Cupertino. Scheduled for an early 2013 opening, the 123-key hotel will be the third Aloft in the Golden State.…

Continue reading →

Blackstone Pays $70M for Majority Stake in Parc 55

Blackstone Pays $70M for Majority Stake in Parc 55

By Alex Girda, Associate Editor Parc 55 is the latest Bay Area hotel to attract institutional investors to one of the nation’s top hospitality markets. Last month, the Blackstone Group L.P. paid about $70 million for a 75 percent stake in the 1,011-key property located in Downtown San Francisco, Bloomberg News reported.…

Continue reading →

Equity One Buys Potrero Center for $111M; Is Multi-Family Next?

Equity One Buys Potrero Center for $111M; Is Multi-Family Next?

By Alex Girda, Associate Editor Adding a premiere Bay Area retail spot to its portfolio, Equity One Inc. recently closed on the acquisition of the Potrero Center in San Francisco from the Emerald Fund in a deal estimated at $111 million. The North Miami Beach, Fla.-based retail REIT prevailed in a field…

Continue reading →

Kilroy Realty Extends Footprint to Menlo Park in $162M Office Deal

Kilroy Realty Extends Footprint to Menlo Park in $162M Office Deal

By Alex Girda, Associate Editor  In its latest big-ticket Bay Area buy, Kilroy Realty  Corp. has paid $162.2 million for a 374,000-square-foot office campus in Menlo Park. Kilroy Realty acquired its newest asset, Menlo Corporate Center, from Walton Street Capital L.L.C. Located on Bohannon Drive, the complex consists of seven buildings that are…

Continue reading →

Fate of Salesforce’s Scuttled Campus Site Remains Unclear

Fate of Salesforce’s Scuttled Campus Site Remains Unclear

By Alex Girda, Associate Editor, and Paul Rosta, Senior Editor More than two weeks after Salesforce.com surprised San Francisco by pulling the plug on its plans to develop a $2 billion campus in Mission Bay, its plans for the property remain [...]…

Continue reading →

Deals Set Stage for 49ers’ New Stadium to Rise in Santa Clara

Deals Set Stage for 49ers’ New Stadium to Rise in Santa Clara

By Alex Girda, Associate Editor, and Paul Rosta, Senior Editor After years of false starts, a new stadium for the San Francisco 49ers is on the verge of becoming a reality. In the wake of key approvals by city officials and [...]…

Continue reading →

Swift Realty Ready to Flip 600,000 SF in Concord

Swift Realty Ready to Flip 600,000 SF in Concord

By Alex Girda, Associate Editor Less than a year after its acquisition of the former Bank of America campus in Concord, Swift Realty Partners is ready to start flipping the property. The company has listed the buildings at 2000 Clayton Road [...]…

Continue reading →