Commercial real estate news and analysis for the San Francisco market.
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Summa Academy has acquired a 43,702-square-foot former performing arts school in Walnut Creek for $7.1 million, marking the institution's third Bay Area location dedicated to serving students with autism and special needs.
A joint venture between Anchor Line Partners and Alloy Properties has refinanced The Core at Crosby, a 615,305 SF office and life sciences campus in Bedford, MA.
Berkshire Residential Investments acquired a 299-unit, four-property San Francisco portfolio for $134.5M, spanning SoMa, the East Cut, and Potrero Hill.
UBS Realty Investors has relisted its 347,000-SF, 23-story tower at 455 Market Street in San Francisco's Financial District at roughly $400 per square foot.
Sagard Real Estate acquired a 68,114 SF fully leased warehouse at 20201 Mack St. in Hayward, CA, targeting East Bay's supply-constrained industrial market.
Gantry arranged $13.5M in permanent financing for a fully leased, 14,500 SF office and retail building at 384 University Ave. in downtown Palo Alto.
Prologis has proposed transforming a 20-acre San Francisco railyard site into a massive mixed-use development with up to 2,500 homes and an 850-foot tower.
Stockbridge Capital Group acquired 923 Folsom, a 115-unit SoMa apartment building in San Francisco, from a J.P. Morgan affiliate for $64.3 million.
TMG Partners assumed the ground lease on the four-story Metreon shopping center in downtown San Francisco, a 92% leased property previously assessed at $150.7 million, with plans to rebrand the fourth-floor event space.
Waterton acquired the 212-unit Misora apartment community at Santana Row from Federal Realty Investment Trust for $148.5 million, or about $701,000 per unit.