Wednesday, November 21, 2012

Santa Teresa Village Shopping Center Fetches $32M




California





Santa Teresa Village Shopping Center Fetches $32M



SAN JOSE-Retail Opportunity Investments Corp. based in Maryland has paid $31.6 million to buy Santa Teresa Village Shopping Center, a 124,792-square-foot retail center in San Jose.









TJPA Property to Finally Change Hands for $190M



SAN FRANCISCO-The Transbay Joint Powers Authority Board of Directors has finally agreed to sell the TJPA property in San Francisco for roughly $190 million to Hines Corp.









Pro Unlimited to Shift Operations to Iron Point Business Park



FOLSOM, CA-Pro Unlimited is shifting its operations to Folsom from Rancho Cordova.









More New Leases at McClellan Business Park



MCCLELLAN, CA-McClellan Business Park has inked four more leases for a total area of 54,000 square feet.









City Takes 104,000 SF at 1155 Market St.



SAN FRANCISCO-The San Francisco Board of Supervisors approved the nearly 104,000-square-foot, 10-year lease in a vote earlier in the month.









Buyer Pays Premium for Walgreens Triple-Net



SACRAMENTO-GlobeSt.com learns exclusively that a private seller has sold a freestanding Walgreens building here for $9.238 million.







National





Bernanke Sees Bright Spots on GDP Horizon



NEW YORK CITY-In a speech at the New York Economic Club Tuesday, the Federal Reserve chairman warned that "delay and discord" on fiscal policy will aggravate consumer and business uncertainty.








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