Northern California Cities Remain Prime Locales For CRE Investors
Investment activity in the Bay Area and Northern California remained strong in 2017 with San Francisco reported as having one of the strongest office markets in the country, according to Avison Young's 2018 North America and Europe Forecast. Industrial remains in high demand with low vacancies in Oakland and the East Bay. Investment activity remained strong throughout the Bay Area and capital markets continue to seek out additional opportunities in 2018.
San Francisco
During the first three quarters of 2017, investment activity was $4B, compared to $3.5B year over year, according to the Avison Young report. The San Francisco market is expected to deliver 6M SF of office in 2018 of which a majority is…
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Brokerage Closes $238M In Multifamily Transactions In Bay Area
Investors are flocking to multifamily assets in the Bay Area. Multifamily brokerage Levin Johnston Group represented 17 transactions in Silicon Valley, the Peninsula and the South Bay during Q4. The transactions totaled over $238M and involved more than 610 units.
"The…
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SoftBank-Led Fund Invests $865M In Construction Tech Startup Katerra
SoftBank Group led a Series D investment of $865M for Menlo Park-based Katerra Inc., bringing the construction technology startup's valuation to over $3B, Bloomberg reports. The funding will be used toward continued manufacturing expansion and additional R&D.
Katerra is one…
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Vista Investment Group Completed 314K SF R&D Acquisition At End Of 2017
Vista Investment Group acquired the 314K SF Vasona Technology Park in Campbell at the end of 2017. The $113M purchase was one of the largest real estate investment transactions in the Silicon Valley R&D market during the year.
“The Silicon…
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JV Completes Fourth Industrial Acquisition In 12 Months
BKM Capital Partners and Canyon Partners Real Estate have expanded their Bay Area industrial portfolio with the acquisition of two buildings at Bayside Business Park in Fremont. This purchase follows the JV's acquisition of 12 adjacent multi-tenant buildings in November…
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A Robot Invasion Will Soon Be Coming To A Hotel Near You
The one-foot-tall, six-pound robot vacuuming the floors of the JW Marriott is not exactly Rosie, the snarky blue female robot housekeeper that served “The Jetsons,” but Maidbot's Rosie robot could be cleaning the floors of hotel rooms in the near future.
Forget a toothbrush, toiletries or just want a bottled soda or a towel delivered to your room?
Savioke's Relay delivery robot — think a simple-looking R2-D2 — could fetch you anything that can fit inside its three-foot-tall body in three minutes. And it will not even ask for a tip.
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10 Markets That Will Be Flooded With New Apartment Supply In 2018
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Meet Christine Battist, Avison Young's New Chief Financial Officer
Christine Battist's résumé over the past 25 years includes running two REITs, spearheading an IPO and spinning a Fortune 500 company off from its primary shareholder. Now, Battist has landed at Avison Young as its chief financial officer, the latest move for a company on a near decade-long growth pattern.
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8 Things You Need To Know About The Real Estate Retreat Redefining Dealmaking
Once a year, a carefully curated group of commercial real estate's best and brightest converge to build bonds, share experiences and explore conversations beyond the industry.
Welcome to Escape.
What began as an answer to the lack of networking platforms…
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