Beverly Hills investor buys Union Square building 

Ross Hilton Kemper, through his private family trust, has purchased 39 Stockton St. in Union Square. The 12,000-square-foot retail building houses United Colors of Benetton’s flagship store in San Francisco, and is located directly across from the Barneys New York store scheduled to open this fall.

Shorenstein buys building in Boston’s Back Bay

Shorenstein Properties LLC, a San Francisco real estate firm, acquired 399 Boylston St. in Boston’s Back Bay district for $90.8 million, increasing its holdings in faster growing markets as office rents surge. Shorenstein bought the 228,000-square-foot building from a partnership of Rockwood Capital Corp., Wellesley, Mass., and Abbey Road Advisors LLC, Westport, Conn., paying $397 a square foot.

Bare Escentuals to buy U.K. cosmetics firm

Bare Escentuals Inc. (BARE) agreed to buy Cosmeceuticals Ltd., a company that distributes Bare Escentuals brands in Europe. San Francisco’s Bare Escentuals didn’t say what it will pay in the deal. Cosmeceuticals will divest assets that aren’t related to its business with Bare Escentuals before the deal goes through.

Brunton Vineyards acquires VinoVenue, plans expansion

Brunton Vineyards, a San Francisco and Napa wine company, purchased the San Francisco wine lounge VinoVenue owned by Know Wining LLC. Brunton Vineyards intends to expand VinoVenue in the U.S. market to 90 locations within 66 targeted cities and has put the funding in place to execute the expansion plan fully within two years.

Two capital firms buy Rocket Dog footware firm

Golden Gate Capital and Circle Peak Capital said they have bought the Hayward company Rocket Dog, a designer, developer and distributor of shoes. Rocket Dog was acquired from New York Transit Inc., a privately held fashion footwear company. — Staff reports

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A daily newspaper covering San Francisco, San Mateo County and serving Alameda, Marin and Santa Clara counties.
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Tuesday, Nov 20, 2018


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