RealEstateFlux

Shorenstein, Farallon May Build S.F. Office, Cruise Projects

Source: Bloomberg Shorenstein Properties LLC and Farallon Capital Management LLC may invest $700 million to build a cruise ship terminal and office space for themselves in San Francisco as development grows along the city’s once-derelict waterfront reports Bloomberg. The companies could spend about $600 million to build a 500,000-square-foot (46,000-square-meter) office complex adjacent to the San Francisco-Oakland [...]

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Shorenstein buys 2 former Macklowe owned buildings

Source: Reuters Shorenstein Properties LLC, a U.S. real estate private equity firms, purchased a controlling interest in two New York office buildings formerly owned by Harry Macklowe for undisclosed amount, Reuters reports. San Francisco-based Shorenstein said it bought a 94 percent controlling interest in the entity that owns Park Avenue Tower and 850 Third Avenue in New [...]

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