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• Santa Clara Res Project Recognized for Workforce Housing Excellence
11/11/09
The Urban Land Institute’s (ULI) Terwilliger Center for Workforce Housing has named Casa del Maestro in Santa Clara as a recipient of the 2009 Jack Kemp Workforce Housing Models of Excellence Award. The award, which is named ...
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• Fremont R&D Facility Hits the Market
11/10/09
A 141k sf R&D property in Fremont just came on the market with an asking price of $8.485 mil, or about $59/sf. Located at 48603-48633 Warm Springs Blvd, north of Scott Creek Rd and midway between I-880 and I-680, the property...
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• With Sublet Space on the Rise, San Francisco Office Outlook Still Gloomy
11/04/09
With new construction activity remaining flat in San Francisco, the increase in office space availability is due to the dramatic spike in sublease opportunities, according to the San Francisco Studley Report, Studley’s analys...
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• Solyndra Leases 500k sf Former HP Facility in Fremont
11/03/09
In a major Bay Area industrial lease, Solyndra, a Fremont-based designer and manufacturer of photovoltaic systems, agreed to long-term deal for a 506.5k sf former Hewlett Packard facility in Fremont now owned by Overton Moore...
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• East Bay Industrial Market Remains One of Healthiest in the Country
10/30/09
Here’s a brief overview of the East Bay industrial market as of the end of the third of 2009, per the latest data from Grubb & Ellis Company.
• The industrial vacancy rate increased to 3.6 percent during the third quarter, u...
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• Investors Spend on NoCal Apartment Communities
10/28/09
An unnamed private investor acquired Park West Townhouses, a 71-unit townhouse community in Petaluma. Completed in 1972, Park West Townhouses is a well-located, garden-style complex featuring 65 two-bedroom/one-bath townhouse...
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• Construction Gets Underway at Res Community in Novato
10/27/09
Barker Pacific Group (BPG), the developer of the 450k sf Hamilton Landing office park at the former Hamilton Air Force Base in Novato, has begun construction on a new 27 single-family home community at Hamilton. The Landing ...
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• Investors Snag Bay Area Multifamily Properties
10/23/09
In recent Bay Area multifamily investment activity, a 5-unit property located at 7 Seville Way in San Mateo traded hands for $1.695 mil ($339k/unit). The property consists of four one-bed/one-bath units and one three-bed/two-...
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• Old Republic Renews Its 40k sf Space in San Ramon
10/22/09
Old Republic Home Protection signed a renewal lease for 40k sf of space at 2 Annabel Lane in Bishop Ranch in San Ramon. Old Republic has been a tenant with the property owner, Sunset Development Company, for more than 20 yea...
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• Hodgdon-Miank Completes TI Work on 164k sf at Mountain View Industrial Center
10/21/09
Tenant improvements worth $1.2 mil have been completed for Stater Bros, Brands on Sale and two other buildings at Mountain View Industrial Center in Redlands, a freeway-visible development owned by RREEF and PGP Partners Inc ...
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• Bay Area Apartment Property Sells for $34 Mil
10/20/09
Waterstone Millbrae, a 136-unit, 114.4k sf multifamily property in the Bay Area community of Millbrae, about 15 miles south of San Francisco, traded hands in a $33.8k ($248.4k/unit) transaction. Located at 509 Poplar Ave, the...
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• Candaleria Joins NAI BT Commercial
10/19/09
Veteran real estate broker Ken Candelaria has joined NAI BT Commercial as Partner. Candelaria, who specializes in tenant representation for the lease and sale of office and R&D product throughout the Silicon Valley, will be b...
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• New Walnut Creek Condo Development More than 25% Sold
10/15/09
The first residents of 555YVR, downtown Walnut Creek’s newest condominium residences, are moving in. Located at 555 Ygnacio Valley Rd, at the gateway to Downtown Walnut Creek and just steps from the BART station in Walnut Cre...
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• Pair of Silicon Valley Apartment Sales Total Over $2 Mil
10/14/09
We’ve got a couple of recent Silicon Valley apartment sales to report. The transactions, one in Sunnyvale and the other in San Jose, have a combined value of just over $2 mil.
In Sunnyvale, a six-unit, 4.9k sf building on Ki...
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• NAI BT Team Completes Seven Single-Tenant Property Sales Over last Three Weeks of September
10/13/09
Bob Sanner and Rick Sanner of NAI BT’s Leased Investment Group based in the firm’s San Francisco office have closed seven commercial property sales situated around the country in the last 20 days of September. All properties ...
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• Struggling Tech Sector Expected to Drag Down Retail Spending in San Jose Market
10/12/09
As technology sector woes continue to drag on employment in the San Jose metro this year, declining disposable incomes and a subsequent shift in consumer spending patterns will lead to contracting retailer demand, according t...
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• Lowe’s Acquires Vallejo Site for New Store
10/09/09
Lowe's, the national home improvement store chain, acquired a 12-acre former auto dealership in Vallejo for development of a new retail store. Lowe’s plans to tear down the existing structure on the property, located at 401 A...
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• Tribeca Companies Promotes Two
10/07/09
In two recent pro move announcements from Tribeca Companies, a San Francisco-based private equity real estate investment firm, Bradley P. Griggs was named to the firm’s Investment Committee board, while Jarrett Shawber was na...
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• Barker Pacific Acquires 168k sf NoCal Office/Retail Asset
10/05/09
In a sizable Marin County investment buy, LA-based Barker Pacific Group (BPG) acquired Rowland Plaza, a 168k sf office and retail property located just north of Vintage Oaks Shopping Center in Novato. The property was purchas...
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• San Francisco Office Building Awarded LEED Silver Certification
10/01/09
500 Terry Francois, a six-story, 291k sf Class A office building in San Francisco, has been awarded the LEED Silver Certification for Core & Shell from the United States Green Building Council (USGBC). 500 Terry Francois is o...
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