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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...

03/13/2017
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...

03/10/2017
Mayer & Clifton Partners Buys 25,000 SF of Office Space in Sacramento
Mayer & Clifton Partners, a locally-based real estate investment banker, has purchased the 25,000-square-foot building at 1515 19th St. in Sacramento for $3.15 million, or $126 per square foot. The three-story consists of two levels of apartments...

03/06/2017
JLM Energy Leases 40,000-SF Office Bldg. in Rocklin
JLM Energy signed a lease to fully occupy a 39,869-square-foot church-turned-office building in Rocklin, CA. The solar energy equipment supplier will move in later this year to 3735 Placer Corporate Dr., a vacant single-story building that previously...

03/03/2017
CoStar's People of Note (Mar. 3) - DDR Replaces Executive Suite with Team from Equity One
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: Cleveland / N. Ohio, Atlanta, Northern New Jersey, South Florida, Los...

03/03/2017
Thomas Properties Closes on Former Mervyn's Location in Folsom Square
Walnut Creek, CA-based Thomas Properties reached a deal with Starwood Property Trust to acquire the former Mervyn's location at 1010 E. Bidwell St. in Folsom, CA for slightly more than $8.4 million, or about $108 per square foot. The 78,178-square...

03/02/2017
Lions Gate Hotel Sells in McClellan Park
The Lions Gate Hotel at 3410 Westover Ave. in McClellan, CA has been acquired by San Diego-based Oceanic Cos. for $6.75 million, or approximately $59,000 per room. The 114-room boutique hotel was constructed in 2001 within McClellan Park adjacent to...

02/28/2017
CNBA Residential Care Buys Arden Villas for $6.95 Million
CNBA Residential Care acquired the 72-unit Arden Villas in Sacramento from Enduravest Partners for $6.95 million, or about $125 per square foot. The apartment complex delivered in 1970 at 2043-2045 Wyda Way in Sacramento's Outer Arden-Arcade Multifamily...

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