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Seattle-based Tourbineau Real Estate Partners has paid $4 million for a half-acre parcel beside the 12-story Tower Plaza office tower it is converting to apartments in San Mateo, adding capacity for roughly 350 more homes and pushing its plans along El Camino Real toward 500 units.
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MidPen Housing and its public and private partners formally opened Oak Gardens on Nov. 13, putting 62 permanent supportive homes for veterans and their families, 55 of them prioritized for people leaving homelessness, directly on the VA Palo Alto Health Care System's Menlo Park campus.
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Alden Global Capital President Heath Freeman has agreed to acquire the San Jose Earthquakes along with PayPal Park, the club-owned stadium on Coleman Avenue, in a transaction valued at $625 million that hands a media and hospitality investor one of the few MLS venues built entirely with private money.
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OpenAI has signed a 70,000-square-foot direct lease at Peninsula Land & Capital's 2950 Zanker Road in North San Jose, according to Colliers, turning a negotiation The Registry flagged in September into one of the third quarter's defining power-driven R&D deals.
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Morgan Stanley's Prime Property Fund is marketing 150 California Street, a 249,960-square-foot, 24-story Financial District tower completed in 2000, as investors return to downtown San Francisco and a run of distressed trades keeps resetting values in the northern Financial District.
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