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September 19, 2020
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BAY AREA NEWS
Archive
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• Align Real Estate Pays $59 Mil for 220k sf Bay Area Office Campus
6/21/16
Align Real Estate has purchased Comcast Office Center, a three-building, a 220k sf office property in the Bay Area city of Livermore. The property was sold by Gramercy Property Trust for $59 mil, or about $269/sf. The 27-ac...
more » 

• ROEM Corp Nearing Completion on San Jose Affordable Housing Project
6/21/16
Charlotte Park Apartments, a 200-unit affordable housing project in San Jose, is nearing completion. The project, a development of ROEM Corporation, is located on the former Hitachi Global Storage Technologies campus, a 295-a...
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• KangaZoom Bounces into New Antioch Location
6/20/16
A KangaZoom franchisee, Andreas Angles LLC, inked a deal for an indoor children’s inflatable focus entertainment center in Antioch. Located on the 3.3-acre site of the former Antioch Family Fun Center that shuttered several y...
more » 

• Strategic Storage Trust II Buys 340-Unit Facility in Sonoma
6/17/16
Strategic Storage Trust II Inc (SST II) recently acquired a self-storage facility located in downtown Sonoma. The property totals approximately 340 units and is 37.8k sf in size. Built in 1984, the Sonoma facility sits on ap...
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• ROEM Development Corp Buys Mountain View Site for New Res Project
6/17/16
ROEM Development Corporation purchased a 1.93-acre development site in the Bay Area for $11.5 mil. The property, located at 779 E. Evelyn Ave in Mountain View, was sold by New Urban Properties. ROEM, a developer of afforda...
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• Principal Real Estate Investors to Acquire Oakland Office Tower
6/16/16
Principal Real Estate Investors has reportedly reached an agreement to purchase 555 City Center, a 490k sf office high-rise within the Oakland City Center mixed-use complex. From what we hear, the deal has a value of a little...
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• TruAmerica Multifamily Picks Up 136-Unit, Class A Res Property in San Francisco
6/14/16
TruAmerica Multifamily has boosted its 1,000-unit multifamily portfolio in the San Francisco Bay area with the acquisition of a newly constructed, 136-unit Class A apartment complex in the city’s Bayview District. TruAmerica...
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• Commercial Real Estate Financing Briefs
6/09/16
NEWMARK REALTY CAPITAL - Demetri Koston and Skip Slavin of Newmark Realty Capital have arranged $10.2 mil in permanent financing for Lincoln Heights, a stabilized grocery-anchored multi-tenant retail center in Spokane, WA. Th...
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• Strong Demand Spurs New 260k sf Sonoma County Industrial Project
6/09/16
A 260k sf industrial project in Sonoma County is slated to break ground this summer. The $32 mil, ground-up project is a joint venture of Washington Capital Management and VSP LLC. The 20-acre property sits at the corner of ...
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• Morpho Detection Renews Newark Space
6/08/16
Morpho Detection LLV, a global leader in security and identity solutions, has inked a renewal for its 111.9k sf space at Bridgeway Technology Center, a Class A property in the Bay Area city of Newark. Terms of the deal were n...
more » 

• French Based Tech School Acquires 200k sf in the Bay Area for First US Campus
6/08/16
A non-profit technology school based in Paris, known as 42, has acquired nearly 200k sf of space in the Bay Area for the launch of its first US campus. The school purchased two properties consisting of a 100k sf classroom bui...
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• Silver Peak Systems Takes an Additional 74k sf at Santa Clara Biz Park
6/07/16
Silver Peak Systems has expanded its space by an additional 74k sf within @Central (formerly known as Airport Technology Park) in Santa Clara. Reflecting the company’s second spurt of growth in less than two years, Silver Pea...
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• Commercial Real Estate Financing Briefs
6/06/16
NEWMARK REALTY CAPITAL -- Mark Ritchie, Jeff Wilcox, Charlie Kokernak and Armen Hadjimanoukian with Newmark Realty Capital Inc have arranged $38 mil in permanent financing for 85 Bluxome, a 57k sf, Class A office building in ...
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• CBRE Arranges $120 Mil for Two Silicon Valley Office Buildings
6/02/16
Sand Hill Property Company, along with its joint venture capital partner, has obtained $120 mil in financing for two office buildings totaling 260k sf, located within Main Street Cupertino, in the Silicon Valley city of Cuper...
more » 

• Newark Industrial Project Will Bring 140k sf of High-Image Space to the Region
6/02/16
OMP Eureka Landing, a 140k sf, high-image, advanced manufacturing industrial project in Newark, is under construction and available immediately. The project, a development of Overton Moore Properties, can accommodate up to 45...
more » 

• Dasher Technologies Inks Deal for 25k sf in Campbell
6/02/16
Dasher Technologies has signed a long-term lease for 24.7k sf of space at Campbell Technology Park in the Bay Area city of Campbell. Dasher, a premier IT solutions provider, is repositioning and expanding its occupancy within...
more » 

• Prologis to Develop 750k sf Logistics Project at Former Oakland Army Base
5/27/16
Global industrial REIT Prologis is planning to develop a new project slated to contain up to 750k sf of space in the East Bay, at the former site of the Oakland Army Base. The first phase of the prject, called Northeast Gatew...
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• Phase II of San Jose Office Project Breaks Ground
5/26/16
SteelWave and its partner USAA Real Estate Company have broken ground on Phase II of America Center, a two-building, 450k sf addition to this three-phase office development in San Jose. The groundbreaking was held this past M...
more » 

• KBS Strategic REIT Picks Up 125k sf Silicon Valley Office Property in $51 Mil Deal
5/25/16
KBS Strategic REIT II closed on the acquisition of Lincoln Court, a 123.5k sf, Class A office building in Campbell, a suburb of San Jose within Silicon Valley’s West Valley, for $51.5 mil, or $417/sf. The three-story building...
more » 

• Dan Rosenbaum Hired as Senior Vice President at Meridian Property Company
5/25/16
Dan Rosenbaum has been hired as senior vice president at Meridian Property Company, the San Ramon-based division of Marcus & Millichap Company. Meridian is a full-service real estate developer, having completed over 1 msf of ...
more » 



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