Wednesday, November 21, 2012

Santa Teresa Village Shopping Center Fetches $32M


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


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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