In the News

Invesco and Harvest Properties snap up two SoMa office buildings

Invesco bought 55 Hawthorne and 631 Howard in SoMa for an estimated $140 million or about $583 per square foot from Divco West. Harvest Properties is Invesco’s partner on 55 Hawthorne and will manage both buildings.

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LaSalle, Harvest Properties Buy 2 Office Towers in San Mateo, Calif. for $100M

LaSalle Investment Management and Harvest Properties have made their second Class A office purchase in the Bay Area with the acquisition of 1400 and 1450 Fashion Island Boulevard in San Mateo, Calif., from Fisher Investments. 

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Harvest Properties snaps up San Mateo office complex for close to $100 million

Harvest Properties and joint venture partner LaSalle Investment Management recently picked up Century Centre I and II, a 276,000-square-foot Class A office complex in San Mateo near the intersection of Highway 101 and Highway 92.

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Illinois Teachers Earns 5 Cap Rate on Foster City Purchase

Springfield, Ill.-based Teachers’ Retirement System of the State of Illinois has earned a cap rate in the mid to high five percent range on its acquisition of the 400,000 square foot Parkside Towers office building in Foster City, according to sources familiar with the transaction.

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UCSF takes big bite out of Emeryville: inks four leases

UCSF Medical Center has taking about 116,000 square feet in Emeryville, making it one of the largest new office tenants in the East Bay. The medical center recently inked four leases to move 300 employees from San Francisco to the East Bay.

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