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September 19, 2020
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BAY AREA NEWS
Archive
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• Overton Moore Lists 500k sf Fremont Facility for Lease
1/14/09
A team made up of brokerage pros from CB Richard Ellis and Colliers International has just been given the leasing assignment for a 506k sf industrial building in the East Bay city of Fremont that will become available on July...
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• Healthy Outlook for San Francisco Apartment Market
1/12/09
The outlook for the San Francisco apartment market in 2009 is expected to remain relatively healthy, though the threat of payroll contraction in response to the upheaval in the financial markets bears monitoring. At least tha...
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• AMB Ends 2008 with 300k sf of East Bay Leases
1/12/09
AMB Property, the big San Francisco-based industrial property owner, closed out 2008 with four East Bay warehouse lease transactions, totaling approximately 300k sf, in the month of December. At the Hathaway Industrial Park, ...
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• Industry Leader Harold A. Ellis Passes Away
1/08/09
Real estate industry icon Harold A. Ellis has passed away at the age of 77 after a battle with cancer. Ellis, who co-founded national brokerage firm Grubb & Ellis with Donald and John Grubb back in 1958, served as the company...
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• East Bay Office Market Closes Out 2008 with Sluggish 4th Quarter
1/07/09
National commercial real estate services firm CB Richard Ellis just released its fourth quarter 2008 Marketview reports for The Bay Area, a region, like much of the country, that has seen vacancies rise, while absorption has ...
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• Vallejo Apartment Community Trades for $54 Mil
1/06/09
A San Francisco-based private investment group recently paid $54.4 mil for Blue Rock Village, a 560-unit ($97.1k/unit) multifamily community in the NoCal city of Vallejo, about 30 miles northeast of San Francisco. Located at ...
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• NoCal Retail Deal Review
1/05/09
The retail brokerage specialists at Terranomics tend to be involved in many NoCal lease transactions, on behalf of the retailers and the property owners. In this report we’ll cover half a dozen recent transactions throughout ...
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• Boston Properties Secures $375 Mil Refi on Four Embarcadero Center
12/30/08
In a recent NoCal financing transaction, Boston Properties Inc refinanced Four Embarcadero Center, a 45-story, 936.4k sf office tower in the heart of San Francisco’s North Financial District. The eight-year, $375 mil loan, wh...
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• Broadway Partners Breathing Easier after Oxigene Deal
12/24/08
Our latest Bay Area deal update features four recent transactions in the region, all of which were brokered, at least on behalf of one of the parties, by NAI BT Commercial, the NoCal real estate services firm that is very act...
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• KBS Wraps Up $35 Mil of Holiday Shopping in San Jose
12/23/08
Here’s the scoop on a notable San Jose office purchase that just closed, only a couple of weeks before the year end. In this deal, Newport Beach-based KBS REIT II, a publicly offered, non-traded real estate investment trust, ...
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• Colliers International Pros Win Eight Awards at Annual NoCal SIOR Event
12/19/08
Colliers International agents scooped up awards in eight different categories at the 2008 Northern California Society of Industrial and Office Realtors (SIOR) Holiday Luncheon and Annual Awards Ceremony, held December 11th in...
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• Overton Moore Heads North in Fremont Property Buy
12/18/08
Overton Moore Properties (OMP), the big SoCal-based owner and developer of business parks, has turned its attention to Northern California with the recent acquisition of a 506k sf industrial property in the East Bay. The buil...
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• NorthMarq Arranges $50 Mil in 1st TD Money on 390-Unit Sunnyvale Asset
12/17/08
Looking for financing for NoCal multifamily acquisitions? You might want to check out these three recent deals to get a sense for what kinds of transactions are getting funded. We’ll start in Sunnyvale, where NorthMarq Capita...
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• Investor Spends $2.8 Mil on Redwood City Apartment Property
12/16/08
A 24-unit apartment property in Redwood City sold in a recent $2.82 mil ($117.5k/unit) transaction. The property, located at 701 9th Ave, between El Camino Real and the 101 Fwy, is comprised of eight two-bedroom/one-bath unit...
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• Iconic San Francisco Building Wins Ferry Nice Award
12/15/08
The Ferry Building is a San Francisco icon that first opened in 1898. Impeccably restored in 2003, it is now a mixed-use building with two floors of office space and a bustling food marketplace and transportation hub on the g...
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• Fremont Apartment Property Sells for $21.5 Mil
12/12/08
A 151-unit multifamily property in Fremont was acquired by a Santa Clara investment entity for $21.55 mil, or roughly $142.7k/unit. The property, Carrington Apartments, is located at 4875 Mowry Ave, east of the I-880. Origina...
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• NAI BT Commercial Expands in the East Bay
12/11/08
Regional brokerage firm NAI BT Commercial is expanding its network in the East Bay with the opening of a new office in Pleasanton, representing the company’s 15th NoCal office. The company’s latest space is located at Signatu...
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• Mathematica Adds Up to New Office Lease at Oakland City Center
12/10/08
The nationally known research firm of Mathematica Policy Research Inc, the California Automobile Association, Schuff Steel and SoGreen Yogurt are the newest office and retail tenants to sign deals at Oakland City Center, the ...
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• Hayward Industrial Market Looking Sweeter with $2.5 Mil M&M
12/09/08
In recent industrial activity from the East Bay, Dreisbach Enterprises Inc agreed to an expansion lease for 36.1k sf of warehouse space at 3151 Regatta Blvd in Richmond. This deal gives Dreisbach more than 200k sf at the roug...
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• Symphony Towers Sales Event Was Music to Buyers’ Ears
12/08/08
A recent weekend sales event in San Francisco proves that when it comes to moving residential properties in this slower market, price remains king. The Nov 14-16 sales event was for Symphony Towers, a new high-rise condo proj...
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