Jan 05, 2016

Rincon Center in North San Jose Closes

Rincon Center, a two-building, 156,094-square-foot, Class A office/R&D campus in North San Jose closed earlier in December for just over $39 million, or $251 per square foot, according to public documents filed with the city of San Jose. The sale achieved a high 6 percent cap rate, according to Steven Golubchik, senior managing director and co-head of HFF’s San Francisco office, who represented the seller on the transaction.

Oct 11, 2015

In 2010, during the dark days of the market meltdown, Manouch Moshayedi, a Newport Beach real estate investor, bought the Shoppes at Chino Hills, a 380,000 square foot shopping center and office complex, for less than half its construction cost. Five years later, he sold it for $52 million more than he had paid.

Sep 30, 2015

Dunhill Partners, Inc. acquired the Shoppes at Chino Hills from MX3 Ventures LLC for $147.21 million, or about $389 per square foot. 

Jun 11, 2014

The shuttered two-story Superior Automotive shop on the Mission District's 16th Street retail corridor doesn't look like much, but it's likely the most expensive development site ever sold in San Francisco.






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