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Zendesk HQ Acquired by ASB Real Estate Investments in $60 Million Deal

Zendesk HQ Acquired by ASB Real Estate Investments in $60 Million Deal

989 Market Street, the San Francisco home of cloud-based help desk provider Zendesk, just traded hands in a deal worth approximately $61.3 million. The office asset was acquired by ASB Real Estate Investments from seller Harbert Management Corporation, a deal in which the seller received more than double what it…

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1155 Market Street Sold by Laurus Corporation for $72 Million

1155 Market Street Sold by Laurus Corporation for $72 Million

The Laurus Corporation has recently offloaded one of its most high-profile properties for a fee of $72.6 million. The private real estate investment and development firm has sold its 1155 Market Street in San Francisco, resulting in 56 percent Internal Rate of Return for investors.…

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Demand for Space in the Bay Area Continues as Three Large Leasing Deals are Inked

Demand for Space in the Bay Area Continues as Three Large Leasing Deals are Inked

The Bay Area’s office market has been one of the highlights of the national real estate market in recent years, and due to the lasting appeal with the tech industry, the trend seems to be going strong. Three large leases were recently inked in San Francisco and San Jose, the…

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Del Monte Warehouse in Alameda Set to Become New Mixed-Use Project by Tim Lewis Communities

Del Monte Warehouse in Alameda Set to Become New Mixed-Use Project by Tim Lewis Communities

Redevelopment is always a hot topic, especially when landmarks are involved. Tim Lewis Communities is reportedly set to breathe new life into an Alameda staple and turn it into a mixed-use community and new space on nearby land. Located along the Oakland-Alameda Estuary, the waterfront property in question is a…

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Cypress Set to Break Ground in September on Gensler-Designed Market Street Place

Cypress Set to Break Ground in September on Gensler-Designed Market Street Place

Redevelopment is sometimes the best chance a forgotten city block has at resurgence. That’s exactly what Cypress Equities has planned for its Mid-Market San Francisco project, located on Market Street between 5th and 6th. Cypress recently announced that it has decided that it will hold an official ground breaking for…

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Pebblebrook Hotel Trust Expands in San Francisco with the $49 Million Purchase of The Prescott Hotel

Pebblebrook Hotel Trust Expands in San Francisco with the $49 Million Purchase of The Prescott Hotel

As the Californian hospitality market continues on its upswing, a brand new hotel deal was perfected this week. Pebblebrook Hotel Trust recently purchased the Prescott Hotel in San Francisco for a total fee of $49 million. The new owner has also announced that the hotel will continue to be managed…

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DoubleTree by Hilton Newark-Fremont Opens as Area between Oakland and Silicon Valley Continues to Grow

DoubleTree by Hilton Newark-Fremont Opens as Area between Oakland and Silicon Valley Continues to Grow

Over the past couple of weeks, the city of Newark, Calif. has been making waves with the amount of real estate activity it has going for it. After the recently-announced expansion of one of the city’s largest shopping spots, now news of a new DoubleTree by Hilton has surfaced. Hilton…

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Rouse Properties Announces New Leases, Changes to NewPark Mall in Newark

Rouse Properties Announces New Leases, Changes to NewPark Mall in Newark

A Newmark retail property is set to be repositioned after owner Rouse Properties announces a number of newly-completed leases and changes to one of its assets. The owning entity is set to revive the NewPark Mall in Newark, Calif. by unveiling a number of new tenants and features into one…

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Rouse Properties Announces New Leases, Changes to NewPark Mall in Newark

Rouse Properties Announces New Leases, Changes to NewPark Mall in Newark

A Newmark retail property is set to be repositioned after owner Rouse Properties announces a number of newly-completed leases and changes to one of its assets. The owning entity is set to revive the NewPark Mall in Newark, Calif. by unveiling a number of new tenants and features into one…

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Tower Two at One Rincon Hill Kicks Off Leasing for Upscale Residential Units

Tower Two at One Rincon Hill Kicks Off Leasing for Upscale Residential Units

One of San Francisco’s most high-profile residential projects recently announced that the leasing process for units has commenced. Tower Two at One Rincon Hill, an iconic luxury tower, now has homes ready for lease, with unit occupancy slated to begin this August. According to the official statement announcing the move,…

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New Home Company Opens Welcome Pavilion for San Jose Master-Planned Housing Community

New Home Company Opens Welcome Pavilion for San Jose Master-Planned Housing Community

The New Home Company recently opened a Welcome Pavilion at its latest master-planned Silicon Valley master-planned residential community. The Orchard Park housing development in San Jose is set to display model homes and hold the initial sale phase at the community located near the intersection of Old Oakland Road and…

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Following Mission Bay Campus Success Alexandria Real Estate Acquires Prime Development Spot in SoMa

Following Mission Bay Campus Success Alexandria Real Estate Acquires Prime Development Spot in SoMa

Alexandria Real Estate Equities, a company that focuses on a dominant market presence in the state-of-the-art, highly collaborative urban science and technology campus, has added yet another property to its portfolio. The company recently acquired the property at 500 Townsend Street in San Francisco for a reported fee of around…

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