Real Estate Blog
Exclusive: Xactly moves San Jose HQ, but company leader assures it isn’t going far
The tech company is settling into its new offices, which are slightly smaller than its former home in RiverPark Towers, where its signage still stands today. But Xactly's CEO promises it isn't reducing its foothold in Silicon Valley.
Warriors draw crowd at Chase Center — 11 months before opening
The Golden State Warriors topped off the Chase Center arena, the centerpiece of the team's privately funded, $1 billion development in San Francisco's Mission Bay.
The development — which includes the 18,000-seat arena, two office buildings, a Union Square-sized plaza, and space for retail and restaurants — is one of three potential real estate projects by Bay Area pro sports franchises.
Just down Third Street from the Warriors project, the San Francisco Giants plan to build the residential-office-commercial…
Votes for Kahauiki Village could mean $15K FHLB prize, but voting ends soon
Kahauiki Village, the Honolulu plantation-style housing project for homeless families, is a finalist for the Federal Home Loan Bank of Des Moines’ Strong Communities Award, but the program’s voting ends at close of business Friday.
The project, which was spearheaded by Hawaii businessman Duane Kurisu, is one of three urban projects competing for the award, which comes with a prize of $15,000. Voting ends at 5 p.m. on Friday.
Bank of Hawaii, Central Pacific Bank and Finance Factors were involved…
Deals of the week: Mortgage company inks deal for new Arizona headquarters
A new headquarters for a New York-based mortgage company leads the deals of the week in the metro Phoenix area.
The Money Source
The Money Source, a national mortgage company, purchased a Phoenix office near Interstate 10 and University Drive to serve as its Arizona headquarters.
The New York company spent $7.5 million on the 77,118-square-foot building, which sits on 5 acres of land.
Greg Hopley of Colliers International represented The Money Source in the transaction, and brokers from JLL…
Massive Shelby County undeveloped property featured in national magazine
A large property in Shelby County was featured in a national real estate publication.
The Land Report, a magazine focused on land ownership in the U.S., featured Sherwood Mountains as “Alabama's leading land listing.” Sherwood Mountains is a 3,928-acre property in north Shelby County about 15 minutes from Shoal Creek, Greystone, and Mt. Laurel and 30 minutes from downtown Birmingham.
The massive land parcel is undeveloped and has been owned by the same family for more than 40 years. It is listed…
National Park Service adds land to Hawaii volcano park
The National Park Service has added nearly 2,000 acres to the Hawaii Volcanoes National Park with the $1.95 million purchase of an oceanfront property known for a six-mile-long giant crack created by Kilauea Volcano.
The National Park Service bought four contiguous parcels totaling 1,952 acres on the Kau side of the park from Joseph Gillespie III in a transaction that closed on Aug. 20.
The Hawaii Tribune-Herald reported the sale is part of a settlement between First Citizens Bank and Ken Fujiyama…
Pacific Guardian Center looking to tap small office user market
The Downtown Honolulu office building on 737 Bishop St. is offering short-term leases for offices in a shared suite.
Amazon plans massive multistory fulfillment centers across the U.S.
At 2.6 million square feet over four stories, Project Hotdish in Minnesota sounds a lot like Project Quattro in Charlotte. And Project Axis outside Raleigh. And Project Arrow outside Milwaukee …
St. Regis penthouse on the block for $11 million
A penthouse at the St. Regis with views of three Bay Area counties just hit the market for $10.9 million.
The condo, at 188 Minna St., has three bedrooms and three and a half bathrooms spread out over 3,217 square feet. Perched on the 38th floor, the top-floor condo has never before been listed on the open market. It was purchased when the St. Regis finished construction in 2005 and has been owned by the same family ever since, said Sotheby’s Gregg Lynn, who is listing the property.
It has since…
Top of the List: Sacramento area’s largest multifamily property managers
We've listed the Sacramento area's largest multifamily property managers, ranked by number of multifamily units managed in the area.
See the top five entries on The List with the slideshow that accompanies this article. Subscribers can view the full version of The List, which includes all 25 companies.
Companies surveyed for The List have offices in Sacramento, El Dorado, Placer or Yolo counties. Not all companies surveyed responded to inquiries. Among them were Alliance Residential Co., which…