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September 25, 2020
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BAY AREA NEWS
Archive
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• Bay Area Activity Review
8/26/08
SAN FRANCISCO (San Francisco County) -- BRM Bakersfield LLC, a San Francisco-based private investment group, purchased a 24.7k sf office complex for $13.5 mil ($547/sf). The four-building property, which is located at 410-440...
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• Bay Area Store Space Still in Demand by Retailers
8/19/08
Catch up on some of the latest Bay Area retail lease comps courtesy of Terranomics Retail Services, which was involved in brokering these transactions. These latest deals took place in Alameda, Gilroy, San Carlos, Corte Mader...
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• Essex Spends $22 Mil on Santa Cruz Apartment Property
8/18/08
A 96-unit multi-family community in the seaside NoCal city of Santa Cruz sold for $22.05 mil ($220.5k/unit). The property, Chestnut Street Apartments, also has four commercial units. Located at 143 Chestnut St and 525 Laurel...
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• Industrial Deal Comps from Petaluma
8/15/08
This report will provide you with an update on two recent industrial deals from Petaluma, a NoCal town situated just off of the 101 Fwy in Sonoma County, roughly 40 miles north of San Francisco. One of the transactions was a ...
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• Huntington Hotel Group Picks Up 3.5-acre Campbell Site
8/14/08
A 3.5-acre site in the NoCal city of Campbell was acquired by Irving, TX-based Huntington Hotel Group for the development of a new 162-room Courtyard by Marriott hotel. The parcel, located at 655 Creekside Way, was sold by Sa...
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• Bay Area Deal Review
8/12/08
SOUTH SAN JOSE (Santa Clara County) – Great Oaks Water LLC paid $5.75 mil for a two-story, 51.5k sf ($112/sf) office building located at 20 Great Oaks Blvd. The multi-tenant building was 80% leased at the time of the sale and...
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• Metzler Pays $62 Mil for Silicon Valley Office Property
8/11/08
Mountain View Courtyards, a 170.8k sf Silicon Valley office project, fetched $366/sf in a recent transaction in the city of Mountain View. The property, located at 1200-1390 Villa St, at the corner with Shoreline Blvd, was pu...
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• Milpitas R&D Building Hits the Market
8/08/08
A 77.2k sf R&D facility in Silicon Valley has just been put on the market by a local family trust. The asset, currently occupied by Seagate Technology, includes a 66k sf clean room. It is located at 195 South Milpitas Blvd, s...
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• San Francisco Becoming More Industrious
8/07/08
San Francisco’s industrial market is showing signs of improvement in 2008, aided by ongoing local economic strength and subdued development activity, according to the Midyear 2008 National Industrial Report by investment brok...
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• Hutch is Clutch in Sale of Car Washes
8/06/08
ProWash Consulting, a national car wash consulting company that also operates car washes, has acquired Hutch’s Car Wash and Quick Lube, a portfolio of four family-owned NoCal properties, which includes three car washes and a ...
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• Latest Episode of East Bay Watch Covers Three Apartment Sales
8/04/08
Three recent multi-family asset sales in the East Bay totaled up to just under $6 mil in total value. The transactions, for a combined 43 units, took place in the cities of Hayward, Oakland and Alameda. In the Hayward deal, ...
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• Sharpcast Moves into San Mateo High-Rise
7/30/08
Sharpcast has leased 11.5k sf of space at Tower Plaza in San Mateo, taking the entire sixth floor of the 12-story high-rise, located at 2121 South El Camino Real, south of the 92 Fwy and west of the 101 Fwy. The company, an i...
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• San Francisco Office Market Sees Negative Absorption for First Time in Five Years
7/29/08
Here’s a brief 1st Quarter 2008 report on the San Francisco office market, provided by Michael Tobin, a Director at Pacific Union Commercial Brokerage. Absorption: San Francisco experienced negative absorption in the 2nd qua...
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• Regency Centers Looking for more EXPO-sure in Palo Alto
7/28/08
A 92.3k sf retail building formerly occupied by EXPO Design Center in East Palo Alto was acquired by Regency Shopping Centers, the big Jacksonville, FL-based shopping center owner. The building sits on a 6.1-acre site at 1771...
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• Strong Demand Spurs Sale of 38-Unit Palo Alto Apartment Building
7/25/08
Here’s a follow-up on a NoCal multifamily property we previously reported as being on the market. The property, Mayfield Manor, a 38-unit apartment building in Palo Alto, just traded hands. Although the actual price was not d...
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• MVE & Partners and BRIDGE Housing Find Gold Nuggets in Fremont Development
7/24/08
The new Irvington Terrace apartments in the city of Fremont was awarded a 2008 Gold Nugget Grand Award in the category of Best Affordable Project (30 housing units per acre or more), and an additional 2008 Gold Nugget Merit A...
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• San Francisco Apartment Listings Come with Hefty Price Tags
7/23/08
Here’s a look at two notable multi-family investment opportunities in San Francisco, both of which are listed with James Devincenti of Marcus & Millichap. The pricey properties are in the Pacific Heights and Nob Hill sections...
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• Broadreach Replaces Frosted Flakes with Modern Industrial Users
7/22/08
A former Kellogg's cereal production facility in San Leandro has been repositioned as a new industrial park after undergoing a multi-million dollar renovation by Broadreach Capital Partners. The 26-acre, mixed-use development...
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• Grubb & Ellis Opens Office in Redwood Shores
7/18/08
Grubb & Ellis Company, the national real estate services firm based out of Santa Ana, is looking to boost its NoCal presence by opening a new office in Redwood Shores, in the heart of the San Francisco Peninsula. With this m...
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• Draftsmen & Craftsmen
7/17/08
Construction on an interesting office/industrial renovation project in the East Bay city of Hayward has just been completed. The property is the SEW-Eurodrive building, a 32.2k sf facility situated on 2.58 acres at 30599 San ...
Price: $3.99
Executive Subscriber Price: Free
more » 



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