Real Estate Blog

Real estate investor Castle Lanterra Properties paid $51.6 million for this 23-building apartment community a few years ago. Then it invested millions of dollars in upgrades, like renovating some units and expanding the fitness center. That led it to some unique buyers, including the Housing Authority of the city of Austin and the Austin Affordable Housing Corp.

The downtown San Francisco mall is planning a $30 million makeover to include office, more common areas, an improved facade and interior, and far less retail space.

The project, which would include residential and retail components, would rise from a parking lot property controlled by the Goodman family.

An affiliate of Millennium Partners has formally notified the city of Boston of its intent to develop a 900,000-square-foot “innovation campus” in Boston’s Seaport District.

ICCNE LLC, an entity managed by Cargo Ventures CEO Jacob Citrin and Millennium Partners Founding Partner Christopher M. Jeffries, has submitted a letter of intent outlining its plans to the Boston Planning and Development Agency. The proposal calls for demolishing a vacant warehouse in the Raymond L. Flynn Marine Industrial…

The project could include a second tower, contain at least 885,000 square feet of office space and is intended to create a 18-hour urban center downtown, according to a preapplication filed with the city.

The two local hospital giants are planning ahead for future development.

Companies will have about three-and-a-half months to complete the process by the Oct. 31 deadline, Guy Kaulukukui, director of the city’s Department of Enterprise Services, told Pacific Business News.

The law applies to all rental buildings in the state except for owner-occupied homes with less than four units. New rules relate to lease renewals, eviction processes and background checks.

8×8 Inc. has signed a lease for a new 178,000-square-foot corporate headquarters space in Campbell, where the company told the Business Journal it will have about 1,000 employees when it moves in.

The company plans to move from San Jose to 675 Creekside Way in Campbell, a five-story, single-tenant building next to Highway 17, in the first quarter of next year. The move will make 8×8 Campbell's single largest employer, according to the city's mayor.

Construction on the Class A building was completed…

None of the residential lots have lake frontage under current plans, but subdivision residents would share a 100-slip dock system managed by a homeowner’s association.