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03/23/2017
Blackstone REIT's Recent Buys Involve Blackstone Affiliates
Blackstone Real Estate Income Trust, the new, non-traded REIT launched by the investment firm that broke escrow two months ago, is taking advantage of its access to the private equity giant's institutional real estate investment platform. The REIT’s three...

03/17/2017
CoStar's People of Note (Mar. 17) - Colliers Florida Announces New Statewide Leadership, Principals Named at Lee & Associates, Next Realty
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Tampa / St. Petersburg, San Diego, Washington DC, Raleigh / Durham...

03/17/2017
Embarcadero Business Park Refinanced
Newmark has secured a $15 million loan for the refinancing of Oakland's Embarcadero Business Park, located at 1900-2000 Embarcadero. The two-building office park was completed in 1982. The bulk of the space is occupied by local government. Darren...

03/17/2017
Development Consultants Sells Pittsburg Retail Bldg.
A private investor has purchased the 8,438-square-foot retail building at 2110 Railroad Ave. in Pittsburg, CA from Development Consultants for $5.45 million, or about $645 per square foot. The property is occupied by a mix of tenants that includes...

03/13/2017
Office Lease Up (March 13) Blue Shield Signs 200,000-SF Lease in Planned Move from San Francisco to Oakland
In one of the largest office leases in Oakland on record, Blue Shield of California will move its corporate headquarters into 200,000 square feet at 601 City Center, a project finally under development by Shorenstein Properties and MetLife Inc. after...

03/10/2017
CoStar's People of Note (Mar. 10)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: New York City, Santa Fe, Boston, Chicago, Orange County, Phoenix/Tucson...

03/09/2017
Citivest, Tallen Capital Obtain Loan to Reposition Rossmoor Shopping Center
Citivest Commercial and Tallen Capital Partners secured $35.75 million in bridge financing to reposition the Rossmoor Shopping Center in Walnut Creek, CA. Rossmoor is a 106,281-square-foot, grocery-anchored shopping center completed in 1965 on 15.24...

03/09/2017
Ygnacio Woods Office Complex Changes Hands
A private investor has purchased the office building at 2255 Ygnacio Valley Rd. in Walnut Creek, CA for $9.3 million, or about $258 per square foot. Completed in 1979, the building’s largest tenant is Diablo Clinical Research, which has leased its...

03/09/2017
Blue Shield Signs 200,000-SF Lease in Planned Move from San Francisco to Oakland
In one of the largest office leases in Oakland on record, Blue Shield of California will move its corporate headquarters into 200,000 square feet at 601 City Center, a project finally under development by Shorenstein Properties and MetLife Inc. after...

03/06/2017
Office Lease Up (March 6) Outcome Health Inks 385,000-SF HQ Lease in River North
Outcome Health signed a lease for 385,050 square feet at 515 N. State St. in Chicago's River North area where the company will establish its corporate headquarters. Formerly named ContextMedia, the Chicago-based health information provider will relocate...

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