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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 ...
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• BioRad Leases 116k sf Facility at Pinole Point Business Park
7/16/08
BioRad Laboratories inked a 126-month lease for a 116.3k sf industrial cross-dock warehouse at Pinole Point Business Park in what we’re told is the largest lease to-date (based on size) in the Richmond submarket for 2008. Al...
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• AMB’s Latest Tenants are Real Bratz
7/14/08
By Allen Wolfsheimer
MGA Entertainment Inc, the Van Nuys-based manufacturer of the popular line of Bratz dolls, has agreed to an eight-year, $22.2 mil lease for the remaining 749k sf ($0.31/sf/mo) of space at AMB Property Co...
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• Laramar Acquires 948-Unit Archstone San Jose
7/10/08
In what is one of the largest – if not the largest – Bay Area apartment acquisition in 2008, Chicago-based Laramar Group has purchased Archstone San Jose, a 948-unit, garden-style complex located at 355 Kiely Blvd in San Jose...
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• Terry Francois Gets Grand Reception in San Francisco
7/07/08
Completion of a new 291k sf spec office building in San Francisco’s Mission Bay area was celebrated with a big grand opening reception last week. The building, 500 Terry Francois, is located on the waterfront and was develope...
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• Bay Area Activity Update
7/02/08
SAN FRANCISCO (San Francisco County) -- A boutique trophy office building located at 200 California St has been listed for sale. The six-story, Class A office/retail building is located on a very desirable corner and is one o...
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• Fremont Neighborhood Center on the Market for $50 Mil
7/01/08
A 121.5k sf neighborhood shopping center in the East Bay city of Fremont was recently put on the market with an asking price of $50.43 mil, or roughly $415/sf. The property – Warm Springs Plaza – is located at 46547 Mission B...
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• College Greens Generates about $20 Mil in Green
6/30/08
College Green Shopping Center, a 119.1k sf neighborhood shopping center located in the heart of California’s capitol city of Sacramento, recently traded hands in a transaction valued at $19.76 mil, or $166/sf. The center is a...
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