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November 30, 2020
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BAY AREA NEWS
Archive
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• Opus Scores With New Lease at Sierra Point
10/24/08
In a recent South San Francisco office lease, comScore Inc agreed to a 10-year deal for 16.7k sf of space at Opus Center Sierra Point, located at 4000 Shoreline Ct, east of the Bayshore Blvd and the 101 Fwy, fronting the San ...
Price: $3.99
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• MMCC Arranges $15 Mil Refi on Silicon Valley Multifamily Property
10/21/08
Here’s an example of a recent refi deal on a Silicon Valley apartment property, as Marcus & Millichap Capital Corporation (MMCC) arranged a $15.4 mil fixed-rate loan to refinance the 130-unit Landmark Apartments property, a 1...
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• Businesses See a Fairfield of Play
10/20/08
Three national companies –- FedEx Ground Package Systems Inc, Kiewit Corporation, and Texas Roadhouse restaurants – have recently inked deals for significant space in Fairfield, a NoCal city of roughly 100,000 people situated...
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• San Francisco Apartment Market Remains Solid
10/17/08
Apartment fundamentals in the San Francisco area continue to sustain solid performance, despite a lull in local economic conditions, according to a third-quarter Apartment Research Report by Marcus & Millichap. Even with home...
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• Medical Owner/Users Purchasing Condos at Converted Multi-Tenant Project in San Ramon
10/16/08
Sales are underway at 111 Deerwood Rd, a recently converted, 73k sf condo office building located at 111 Deerwood Rd in the city of San Ramon. Units are available ranging in size from just 496 sf, making it one of very few op...
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• Opus West Sells Final Unit at New Mission Bay Res Tower
10/14/08
The final unit has been sold at Park Terrace at Mission Bay, a seven-story, 110-unit residential complex in San Francisco developed by Opus West. The high-end condominium community represents the company’s largest residentia...
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• NoCal Deal Review
10/09/08
HAYWARD (Alameda County) – Optisolar inked a five-year, $2 mil lease for a 60.3k sf ($0.55/sf/mo) flex building at 31164-31172 Huntwood Ave. The building, which will be Optisolar’s new HQ, is owned by PNK LLC, which purchased...
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• NorthMarq Arranges $76 Mil for Pair of East Bay Multifamily Financings
10/08/08
NorthMarq Capital’s Michael Elmore recently arranged financing in two large NoCal apartment transactions, in the East Bay cities of San Ramon and Newark. The larger of the two deals was in San Ramon, where Elmore arranged $53...
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• Terramar Retail Centers Acquires 341k sf San Jose Retail Asset
10/07/08
A large regional shopping center in San Jose traded hands, as Carlsbad-based Terramar Retail Centers LLC acquired El Paseo de Saratoga, a 341k sf open-air retail and entertainment center in San Jose, California. Located at t...
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• Pacific Business Centers Opens New Location in Downtown San Jose
10/06/08
One of the largest executive suite operators in Northern California, Pacific Business Centers (PBC), inked a 10-year lease agreement with Feece Real Estate Group to open what will be their thirteenth business center in the Ba...
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• HFF Arranges Construction Money for Silicon Valley Courtyard by Marriott
10/03/08
Financing for attractive deals in Silicon Valley still exists, as evidenced by these two recent deals arranged by Holliday Fenoglio Fowler (HFF) and PNC ARCS. In one of the transactions, the San Diego office of HFF secured co...
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• Kennedy Wilson and Guardian Team up in $84 Mil San Jose Buy
10/02/08
Although investment activity has slowed considerably in many areas, that does not seem to be the case in Silicon Valley, where we’ve seen as many deals as ever. Case in point is the recent sale of Avalon at Blossom Hills, a 3...
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• Wrightwood Capital Provides $18 Mil for San Jose Office Buy
10/01/08
With the current credit environment making financing some deals more challenging, we thought you might like to know about a recent San Jose office acquisition that was financed by $18.325 mil from Wrightwood Capital. The prop...
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• NoCal Activity Review
9/29/08
UNION CITY (Alameda County) – Precision Manufacturing LLC purchased a 52.9k sf industrial building on 2.96 acres at 33233 Central Ave for $3.86 mil ($73/sf). The buyer has occupied the entire property prior to exercising its ...
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• Wayne Mascia to Merge with GVA Kidder Mathews
9/23/08
In the latest consolidation announcement within the real estate brokerage industry, Wayne Mascia Associates, based out of Silicon Valley, is merging with Seattle-based GVA Kidder Mathews (GVAKM), with the new entity to be for...
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• Bay Area Activity Review
9/22/08
SOUTH SAN FRANCISCO (San Mateo County) – First DataBank inked a long-term lease for 34.9k sf of Class A office space at 701 Gateway Blvd, a six-story, 170.2k sf building located in South San Francisco’s life science and techn...
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• NoCal Office Project to Become “Bay Friendly”
9/18/08
When completed in December of this year, the sustainable landscape renovation taking place at Drakes Landing will make it one of the first commercial properties in Marin County to embark on such an extensive and meaningful pr...
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• Telirite Acquires 13k sf East Bay Light Industrial Facility
9/16/08
A 12.6k sf shell building, the largest structure at Fremont Tech Center, was acquired by Telirite Technical Services Inc, a provider of manufacturing services to the high tech industry. The 136.7k sf Fremont Tech Center was d...
Price: $3.99
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• Walnut Creek to Get State-of-the-Art Medical Office Building
9/12/08
Walnut Creek Medical Plaza, a 56k sf state-of-the-art medical office building being developed by Union Property Capital, is scheduled for completion during the fourth quarter of 2008. The facility, which will be the first maj...
Price: $3.99
Executive Subscriber Price: Free
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• NoCal Activity Review
9/09/08
UNION CITY (Alameda County) -- Welcome Market Inc, dba 99 Ranch Market, closed on an owner/user purchase of a 222.9k sf warehouse building at 2931 Faber St, within the Alvarado Business Park, off I-880 at Whipple Rd. The free...
Price: $3.99
Executive Subscriber Price: Free
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