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San Francisco Commercial Real Estate News From CoStar Group

CoStar Group, Inc. is the leading provider of information services to commercial real estate property investors and sales professionals in the United States and United Kingdom. CoStar's suite of services offers access to the most comprehensive database of


Colliers Launches Retail Marketing of San Francisco's Salesforce Transit Center

Fri, 12 Jan 2018 11:06:59 GMT

Colliers International (Nasdaq: CIGI) has begun the marketing campaign for the retail portion of the $2 billion Transbay Transit Center, now officially the Salesforce Transit Center, slated to open this summer after eight years of construction. The transit center, one of the largest developments in the Bay Area in the past 50 years, will serve tens of thousands of commuters, area workers, residents, and tourists. Muni bus service began in December...

TMG Partners Announces Massive Office Development in Uptown Oakland, Key Approval on San Jose Project

Wed, 10 Jan 2018 03:58:36 GMT

440 West Julian St., a joint venture between TMG and Valley Oak Partners, is proposed to include 1 million square feet of office space in San Jose. TMG Partners, which has developed more than 27.5 million square feet of property throughout the San Francisco Bay Area to date, this week announced its first ground-up development in Oakland, as well as a key step for its planned 1 million-square-foot office joint venture with Valley Oak Partners in downtown...

Monday Properties Acquires Metro Corporate Center in San Mateo

Wed, 10 Jan 2018 02:20:36 GMT

The West Coast team of New York City-based Monday Properties continued the firm's acquisition initiative in Northern California with the purchase of the Metro Corporate Center at 1840 Gateway Dr. in San Mateo, CA. Terms of the deal were not disclosed. The 68,490-square-foot, Class A office building is located along State Route 92 directly across from the BridgePointe Shopping Center in San Mateo's Mariner's Island District. The new owner plans...

InterContinental Hotels Group Obtains $110 Million in First Mortgage Financing for InterContinental San Francisco

Tue, 09 Jan 2018 08:59:28 GMT

Atlanta-based InterContinental Hotels Group (NYSE: IHG) secured $110 million to refinance the company's award-winning InterContinental San Francisco in the city's Yerba Buena district. Completed in 2008 at 888 Howard St., the 500-room, 32-story hotel sits adjacent to the Moscone Convention Center and within walking distance of the Yerba Buena Center for the Arts, Westfield San Francisco Centre and the BART-Powell Street station. The Four-Diamond...