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• CB Richard Ellis 2nd Quarter San Francisco Office Report
7/07/11
The following is taken directly from the CB Richard Ellis Second Quarter Office Market Report for San Francisco.
The second quarter of 2011 proved to be one of the most active quarters for the San Francisco office market in ...
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• Mid-Year Report on Greater Palo Alto Office Market
7/06/11
The following is taken directly from the CB Richard Ellis Second Quarter Office Market Report for Greater Palo Alto.
After experiencing a near-record high amount of positive absorption in the first quarter of 2011, the Great...
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• Basin Street Re-Acquires another Three Buildings at Redwood Business Park
7/05/11
Basin Street Properties closed on three additional buildings totaling 210k sf at Redwood Business Park in Petaluma in a deal worth approximately $13 mil ($62/sf). The three latest buildings that return under Basin Street’s o...
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• NoCal Investors Spend $30 Mil on Phoenix Retail Center
6/30/11
A Los Altos-based real estate investment entity has purchased Tatum Point Shopping Center, a 173.5k sf Walmart-anchored shopping center in Phoenix, for $30 mil ($173/sf). We’re told that the transaction represents the highest...
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• Santa Rosa Multifamily Property Goes for over $100k/Unit
6/30/11
Montecito Pines, a 76-unit multifamily community located in Santa Rosa, sold for $8 mil ($105.3k/unit) in a recent NoCal multifamily deal. Constructed in 1977, Montecito Pines is located in the coveted Rincon Valley neighborh...
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• Latest Lease is a Good Deal for Sunnyvale Office Owner
6/28/11
Good Technology Inc leased 80.3k sf of space in a recent Sunnyvale office transaction. The company, a leading provider of multiplatform enterprise mobility services, will occupy the second and third floors at 430 N. Mary Ave,...
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• Cohen Arranges $15 Mil For Paradise
6/28/11
Cohen Financial has secured a $15 million refinancing for the Paradise Point Executive Center, a fully leased, multi-tenant office development in Corte Madera, Marin County, CA, north of San Francisco. The 97.4k sf property ...
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• Archstone Closes $80 Mil Bay Area Res Buy
6/27/11
In one of the largest Class A multifamily transactions on the West Coast this year, Denver-based Archstone has acquired a 187-unit Bay Area condo development for $80 mil ($428k/unit). The property, located at 1051 National A...
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• Compaglia Joins Cassidy Turley BT
6/23/11
Cassidy Turley BT Commercial announce that Donna Compaglia has joined the firm’s San Francisco office as Vice President. She will specialize in representing landlords and tenants in leasing commercial property. Ms. Compaglia ...
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• Silicon Valley Multifamily Sales Comps
6/20/11
SOUTH PALO ALTO (Santa Clara County) -- A private investor paid $3.4 mil for a 17-unit ($200.3k/unit) apartment complex located at 241 Curtner Ave, just south of Page Mill Rd between Alma St and El Camino Real. There are six ...
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• NoCal Activity Review
6/14/11
SUNNYVALE (Santa Clara County) -- SeaMicro Inc signed a lease for 68k sf of office space at 1237 East Arques Ave. SeaMicro, a pioneer of low-power server technology, is expanding and relocating its corporate headquarters from...
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• Medical Group Buys San Francisco Office/Retail Building
6/09/11
A private medical user group purchased a 94.1k sf office and retail building in San Francisco. The property, located at 711 Van Ness, was sold by East West Bancorp, which included a partial leaseback as part of the transactio...
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• Los Gatos Biz Park Buy Financed with $33 Mil Loan
6/02/11
CBRE’s Capital Markets Debt & Equity Finance division arranged $33 mil in acquisition financing on Los Gatos Business Park, a 10-building, 250k sf office/R&D campus in the West Valley submarket of Santa Clara County. The pro...
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• Kennedy Wilson Venture Spends $140 Mil on Largest Multifamily Property in the East Bay
6/01/11
A real estate partnership that includes Beverly Hills-based Kennedy Wilson has acquired Bella Vista at Hilltop, a 1,008-unit multifamily community in the East Bay city of San Pablo. The seller was GMH Capital Partners, out of...
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• MacFarlane Partners Acquires San Francisco Development Site
5/31/11
MacFarlane Partners has acquired a development site at 1844 Market St in San Francisco on which it intends to construct an eight-story multifamily residential building. The company acquired a non-performing note secured by th...
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• San Francisco Apartment Sells for Over Asking
5/25/11
A 30-unit apartment building in San Francisco sold for $4.75 mil, well above its original listing price. Built in 1928, the property is located at 230 Central Ave, in the Haight Ashbury district.
The 1920s-era building has a...
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• PCCP Dublin the Fun by Partnering with Signature Development Group in NoCal Res Buy
5/24/11
Tralee Village, a nearly complete Class A apartment project in Dublin, was purchased PCCP LP in a venture with Signature Development Group. Once complete, the high-end, condominium-quality Bay Area apartment community will co...
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• Sunnyvale Seeing More Leasing Activity Thanks to a Lot of Windows
5/24/11
Microsoft Corporation inked a long-term lease for 237k sf of office space at Moffett Towers in Sunnyvale. The international software behemoth will be relocating and expanding several business units currently based in Palo Al...
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• Basin Street Picks Up Five-Building Petaluma Office Campus
5/20/11
In recent NoCal investment news, Basin Street Properties has purchased five office buildings totaling 160k sf of space within Redwood Business Park in Petaluma. Total consideration was not disclosed.
Redwood Business Park i...
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• MegaPath Ends Up at Bernal Corporate Plaza
5/20/11
MegaPath Inc agreed to a lease for 25.7k sf of office space at Bernal Corporate Plaza in Pleasanton. MegaPath, a provider of managed data, voice, and security services in North America, plans to occupy its second floor office...
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