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• McDermott Will & Emery Inks New Lease for 85k sf in Menlo Park
11/20/08
In a notable Silicon Valley office lease, the firm of McDermott Will & Emery LLP signed a 10-year deal to occupy 84.7k sf office space recently held by Heller Ehrman LLP at 275 Middlefield Rd in Menlo Park, midway between El ...
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• Equity Office Closes Trio of Leases at Its Redwood Shores Properties
11/18/08
Equity Office recently inked deals with three new tenants at two of its properties in Redwood Shores. At 333 Twin Dolphin Dr, the law firm King & Spalding agreed to a lease for 27.8k sf and the law firm Covington & Burling L...
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• Embarcadero Capital Partners to Lead Church Revival in Palo Alto
11/17/08
An historic Palo Alto church building traded hands for the first time since its construction in 1916. The 10.9k sf property, located at 661 Bryant St, a few blocks north of El Camino Real and the Stanford University campus, w...
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• Financial Crisis Slowing San Francisco Office Market
11/13/08
It’s become evident that San Francisco’s office market will not escape the current economic downturn unscathed, as the financial crisis is clearly having repercussions on the City by the Bay, according to the San Francisco St...
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• CMR Mortgage Fund Sells Pair of NoCal Apartment Properties
11/12/08
San Francisco-based Arroyo & Coates is a regional real estate services firm that specializes in multifamily investments deals, primarily in Northern California. A couple of their more recent transactions took place in Fresno ...
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• Basin Street Completes 116-Room Hotel in Sonoma County
11/11/08
Work on a new hotel in NoCal’s wine country has just been completed. The 116-room Hampton Inn & Suites is in the town of Windsor, located in the heart of Sonoma County and adjacent to the Russian River Valley, Dry Creek Valle...
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• San Francisco Apartment Market Remains Solid
11/07/08
Apartment fundamentals in San Francisco continue to maintain solid performance, despite a slowdown in local economic conditions, according to a third-quarter Apartment Research Report by Marcus & Millichap. Even with home pri...
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• Terranomics Handles Bay Area Retail Deals
11/06/08
Here’s a rundown of some of the latest Bay Area retail deals handled by Terranomics, the retail brokerage division of regional commercial real estate services firm NAI BT Commercial. We’ll kick off this report in San Jose, wh...
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• Santa Rosa Multifamily Property Sells for $23 Mil
11/05/08
Vineyard Gardens Apartments, a 180-unit multifamily property in the Marin County city of Santa Rosa, traded hands in a recent sale worth $23 mil, or $128k/unit. It is located at 220-240 Burt St, east of the 101 Fwy and south ...
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• CBRE Arranges $11 Mil in Construction Money for NoCal Development
11/04/08
CBRE Capital Markets Debt & Equity Finance Group has arranged $10.85 mil in construction and permanent financing for construction of a 20.8k sf medical office building at 49 Wells Ave, west of the 101 Fwy and north of Page Mi...
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• NoCal Deal Review
10/30/08
FREMONT (Alameda County) – An investment entity called Levy Fremont Boulevard I & II LLC purchased a 181.6k sf business campus on 11.91 acres at 48401-48481 Fremont Blvd. the property was acquired from ESS Technologies, which...
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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 ...
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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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