Marketing - San Francisco

  • NASA Announces Lease Deal Turning Over Moffett Field to Google-Controlled Planetary Ventures

    Moffett Field and the iconic Hangar One are set to be saved by Google, as the tech giant recently agreed to invest around $200 million at the property. Additionally, the airfield will be used in Google’s various ventures including space exploration research, aviation and robotics. The company’s subsidiary, Planetary Ventures, has signed an agreement with NASA that will let the company manage Moffett Federal Airfield(MFA) in Moffett Field, CA. The agreement was closed for a period of six decades and would mean that the Google-controlled entity will pay NASA a total of $1.16 billion in rent.

    12 November 2014 18:53
  • HFF Arranges Acquisition of 1400 16th Street by ASB Real Estate Investments

    As the city’s office market continues to be white-hot, San Francisco’s assets are increasingly in demand. The latest asset to trade hands is the building located at 1400 16th Street—a historic property sold by Jessica McClintock Inc. to a venture consisting of ASB Real Estate Investments, SKS Partners and ProspectHill Group. An HFF team led by managing director Steven Golubchik, director John Simerlein and senior real estate analyst Josh DiSalle represented the seller in the deal.

    16 July 2014 14:23
  • 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 had paid for the property back in 2011. This recent purchase was made on behalf of ASB’s Allegiance Real Estate Fund, a $3.5 billion vehicle.

    02 July 2014 19:43
  • 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.

    26 June 2014 00:04
  • 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 the $150-million development project this September.

    05 June 2014 01:08
  • 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 Worldwide and Double Tree by Hilton are officially opening the new DoubleTree by Hilton Newark-Fremont in the area between Oakland, Calif. and San Jose, Calif.

    21 May 2014 22:31
  • 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 of the focal points of the area in terms of entertainment, shopping and dining.

    14 May 2014 15:47
  • 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, private tour appointments are now available via online registration and by calling the development’s Welcome Center.

    07 May 2014 21:01
  • 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 $50 million. The development site is set to provide the entity with an opportunity to further expand its current assets in the South of Market area.

    23 April 2014 18:53
  • EAH Housing Awarded Contract to Develop New Transit-Oriented Affordable Housing Community in Emeryville

    A new affordable housing project is set to near reality after the City of Emeryville announced that it had picked the company that would handle an important project for the community. According to a recently released press statement, Emeryville local authorities have selected EAH Housing, the oldest nonprofit housing management and development organization in the western US. EAH then went on to select the architecture firm that will provide the design for the project, and the developer settled on KTGY Group, Inc.

    28 March 2014 00:06
  • Hamm’s Building in The Mission District Sold by TMG Partners and Alcion Ventures

    As the Bay Area’s office market continues to ignite the interest of investors, yet another signature building in the city recently traded hands in an important deal. TMG Partners announced this week that it had sold The Hamm’s Building along with Alcion Ventures.

    24 March 2014 05:29
  • Meridian Acquires Half-Occupied Medical Office Property in Rohnert Park, CA

    Northern California’s medical office market continues its appeal as full service real estate developer and owner in the medical office segment, Meridian Property Company, recently announced that it had closed escrow on a property in Rohnert Park, CA. The property offers great opportunity in terms of a new leasing agreement, as a large amount of space was recently vacated at the site. The new owner will look to bring in a new tenant, following a number of improvements that Meridian already has planned for the property. The asset was sold for an undisclosed amount by a partnership between Petaluma-based PB&J Acquisitions, and an institutional investor who acquired the property back in 2012.

    24 March 2014 05:15
  • Northwestern Mutual Provides Mortgage Loan Worth $140 Million for Levi’s Plaza

    The global headquarters of world-famous clothing brand Levi Strauss & Company was recently involved in a financing deal worth $140 million. The mortgage loan was provided by Northwestern Mutual, a real estate investment firm that deals with commercial mortgages, equities and securitized investments comprising all property types. The loan was taken on behalf of a group of investors that includes Gerson Bakar, Diane B. Wilsey and Interland.

    07 March 2014 19:05
  • San Mateo County Office Campus Sold by Harvest Properties and Invesco Real Estate with Peninsula Developing as Tech Market

    A Chicago-based real estate company has recently made its first move in the San Mateo County office market. Heitman, a global management firm, recently completed the purchase of an office complex in Foster City, CA from partnership between Harvest Properties and Invesco Real Estate. The transaction brings further proof that the San Francisco Peninsula is generating interest in the tech market, ranking in the top three markets for tech companies in the entire U.S.

    26 February 2014 16:31
  • Dropbox Inks Agreement for the Entire Space at Under-Construction Kilroy Facility in SOMA

    As San Francisco’s office market is continuing to escalate, and the city’s image is booming, being recently named as the most dynamic city in the world, further proof of the area’s tech appeal was recently revealed. The office facility that Kilroy Realty Corporation has been developing in the SOMA district for the past few months is already fully leased as the company has announced the completion of a complete leasing agreement with growing tech company Dropbox.

    12 February 2014 19:20