South Bay Realestate News – Gramercy Sells Hotel Montgomery

December 7th, 2008 05:00am

Gramercy Sells Hotel Montgomery in San Jose
Gramercy Capital Corp. sold the historic Hotel Montgomery in San Jose, CA, to India-based Khanna Enterprises for upwards of $11 million, sources have told CoStar.Gramercy Capital Corp. acquired the 86-room hotel in April from Divco West Properties…

IN THE PIPELINE (Nov. 30-Dec. 6): New Reports Reveal Deepening Building Woes
In The Pipeline is a column by Senior News Editor Randyl Drummer on significant land sales, transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new project…

Law Firm Takes 84,700 SF in Menlo Park
International law firm McDermott, Will, & Emery, is relocating its Palo Alto office at 3150 Porter Drive to 275 Middlefield Road in Menlo Park, CA.The firm signed the 10-year deal last month and will occupy 84,689 square feet, a 35 percent increase…

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