In the News
Oaktree joins Ellis Partners Venture to Bring New Investment to the Pruneyard Office Towers in Silicon Valley
Campbell, CA – Ellis Partners announced today that it completed a transaction for funds managed by Oaktree Capital Management, L.P. (“Oaktree”) to purchase a majority stake in the three-building, 365,000-s.f. Class A office component of the iconic mixed-use Pruneyard complex. Ellis [...]
Graymark Capital Makes $45,250,000 R&D Acquisition In Sunnyvale, Ca
San Francisco, CA, February 2019 – Graymark Capital, Inc., in partnership with a major real estate private equity fund, has acquired a 78,623 square foot single tenant R&D building for $45.25 million. 785-787 N. Mary Avenue is a two-story R&D property located in the Peery [...]
KBS Signs Over 30,000 Square Feet in Leases with Berliner Cohen at Ten Almaden
SAN JOSE, Calif. (Jan. 31, 2019) – KBS, based in Newport Beach, California, announced today the signing of 33,830 square feet in leases at Ten Almaden in San Jose, California. Berliner Cohen, LLP, one of the largest and oldest law firms in San [...]
Paragon Commercial Group Sells Rare Bay Area In-N-Out Burger Ground Lease
SAN JOSE, Calif., January 29, 2019 – Paragon Commercial Group, LLC (Paragon), one of California’s most prolific retail development firms, has completed the sale of a rare In-N-Out Burger ground lease to a private Bay Area buyer for $6.925 million. Paragon began work in [...]
Silicon Valley’s Office/R&D Markets Still Dominant in 2018 – Growth Driven by the Tech Sector
SAN JOSE, Calif., January 22, 2019 – Cushman & Wakefield’s year-end office and R&D market reports for Silicon Valley revealed a strong annual performance for both sectors overall in 2018. As one of the world’s most dominant and innovative tech markets, these two real estate [...]