Golub & Co. is ready to start construction this fall on a $200 million, 32-story residential tower at 299 Fremont after securing financing from the Multi-Employer Property Trust and its advisor, Bentall Kennedy. The 409-unit luxury high-rise complex will include an apartment tower, townhome residences, a ground-level courtyard and street-front retail.
The land at 16th and Mission streets above the BART station would be transformed into a 400,000-square-foot mixed-use development. Maximus Real Estate Partners is proposing a $175-million project, featuring 351 housing units and 32,000 square feet of retail on the northeast corner of the intersection.
Massachusetts Pension Reserves Investment Management Board has made a $90-million investment into the acquisition of the 543,000-square-foot 333 Bush Street in San Francisco. According to sources familiar with the deal, the total purchase price was in the range of $507 per square foot or $275 million.
A little more than a year after Visa shut its San Francisco headquarters and moved executives to Foster City, the credit card company is again on the prowl for space in the City. Visa is looking for at least 50,000 square feet, and possibly as much as 80,000 square feet, to house its mobile applications group.