General News | Blanca Torres | San Francisco Business Times

Chinese investor behind San Francisco office tower bets on Berkeley housing

Danville-based Blake Griggs Properties teamed up with a big Chinese investor to buy an 84-unit apartment development site in Berkeley. The investor is Gemdale Properties and Investment, an affiliate of Gemdale Corp., one of the largest real estate companies in China. The Blake will feature 84 apartments near downtown Berkeley.…

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General News | Allison Nagel | Bisnow

Gemdale, BGP Acquire Spot For Berkeley Apartments

Gemdale Properties and Investment has acquired a shovel-ready 84-unit apartment site in Berkeley. The project planned for the site will be the only multifamily community in the area with rooftop solar panels, according to Gemdale. The developer, an affiliate of China's Gemdale Corp., announced the purchase Thursday with project co-developer…

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General News | Kelvin Tetz, partner, and Greg Martin, partner and national real estate practice leader, Moss Adams LLP | NAIOP Development Magazine

How to Attract Institutional Capital

Local and regional developers who want to build relationships with institutional investors will need to implement these reporting and operating guidelines. MANY REAL ESTATE owners, operators and developers seeking long-term growth are interested in institutional relationships, but building such relationships can seem daunting. Investment partners with billions of dollars to invest…

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General News | Hannah Norman | San Francisco Business Times

Developer jumpstarts housing near Walnut Creek BART

A 178-unit apartment complex is under construction adjacent to the Walnut Creek BART as housing development ramps up across the city. Blake|Griggs Properties is developing the project, known as Vaya, for owner Northwestern Mutual. Located at 1800 Lacassie Ave., Vaya began construction in late 2015 and is expected to begin…

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General News | Jacob Bourne | The Registry SF

Former Vacant Land in Foster City Transforms into Community Cornerstone

Across the street from Foster City government offices, a 15-acre parcel of formerly vacant, City-owned land, has now been dubbed, Foster Square, a mixed-use neighborhood featuring housing geared towards seniors, neighborhood retail and community services. Bounded by Civic Center Drive, Foster City Boulevard, Balclutha Drive and Shell Boulevard the development…

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General News | publisher8 | INDUSTRY news

Blake|Griggs Properties Inks 29,000 Sq. Ft. Retail Now Leasing in Foster Square, Final Street-Retail Component for Central Foster City, CA

Foster City, CA/Danville, CA — Blake|Griggs Properties, a private real estate investment, development and services company with a $4.5 billion track record and a $750 million current project pipeline, has acquired two retail condominium spaces and a to-be-developed pad site for retail which together comprise the final retail component of…

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General News | Todd Johnson | San Francisco Business Times

With $750M worth of projects in the pipeline, these East Bay Developers gravitate to infill

With more than $750 million worth of projects in the pipeline, Blake|Griggs Properties LLC has quietly become one of the busiest developers in the Bay Area. Led by Brad Blake and Brad Griggs, Danville-based Blake Griggs has more than 1,150 units and over 250,000 square feet of retail under development. That’s…

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General News | Emilie Raguso | Berkeleyside

Critics question impacts of ‘Spenger’s parking lot’ project on Berkeley Fourth Street, Ohlone heritage

Berkeley community and zoning board members had a chance Thursday to weigh in on what the environmental impact report for a large mixed-use project planned for 1900 Fourth St. should focus on. The “Spenger’s parking lot” project has been in the works for years, with efforts ramping up in 2014 when project…

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General News | Andrew McGall | East Bay Times

Walnut Creek ‘monumental’ sculpture wins OK

WALNUT CREEK -- The city's pursuit of public art in major construction projects has led to what likely will become its most viewed sculpture, seven shiny red steel cylinders rising like a beacon 50 feet above Ygnacio Valley Road at the I-680 offramp where tens of thousands of motorists and…

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General News | Frances Dinkelspiel | Berkeleyside

Housing forum: Climate right for development in Berkeley

The development climate in Berkeley has improved so much in the past six years that there are now approximately 2,500 apartment units in the pipeline — a dramatic change from the two decades between 1970 and 1990 when only 600 units were built, according to experts who spoke at a forum on multi-family development…

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