San Francisco, CA: Ellis Partners announced today that it has closed a new separate account investment vehicle with a $200 million equity commitment from the New York State Common Retirement Fund (“NYSCRF”).  The joint venture will focus on acquiring and managing core office, industrial and retail properties in the San Francisco Bay Area.  Ellis Partners received the direct investment from NYSCRF after being selected as a successful graduate of NYSCRF’s emerging manager program. “We are honored to have this opportunity to continue our work with NYSCRF in this new long-term venture. We look forward to working with the Bay Area real estate …

Campbell, CA – Today, Regency Centers Corporation (“Regency”) (NASDAQ:REG), the preeminent national owner, operator, and developer of shopping centers, has announced the acquisition of 258,000 square feet of prime Silicon Valley retail located in the iconic mixed-use project known as The Pruneyard. Originally built in the 1960s, The Pruneyard quickly became a Silicon Valley landmark, evolving over the years and recently undergoing a substantial renovation. Anchored by Trader Joe’s, it is located at the highly-trafficked intersection of Campbell Avenue and Bascom Avenue, adjacent to State Route 17. The Pruneyard sits in close proximity to the West Valley’s most affluent neighborhoods, drawing …

Campbell, CA – Ellis Partners announced today that it completed a transaction for funds managed by Oaktree Capital Management, L.P. (“Oaktree”) to purchase a majority stake in the three-building, 365,000-s.f. Class A office component of the iconic mixed-use Pruneyard complex. Ellis Partners, which purchased the property in 2014 will retain an ownership stake and continue to manage the project. The Pruneyard Office Towers are centrally located in the heart of Silicon Valley’s West Valley submarket with prominent visibility and ease-of-access along Highway 17 and less than a 10-minute walk from downtown Campbell (via a newly improved walkway) as well as the …