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• Walter Shorenstein Passes Away at 95
6/25/10
By Allen Wolfsheimer
Walter H. Shorenstein, successful real estate developer, philanthropist and civic leader, passed away today at the age of 95 from natural causes. Shorenstein founded the Shorenstein Company, based out of...
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• GSP Arranges $24 Mil on Pleasant Hill Office Complex
6/24/10
George Smith Partners (GSP) arranged $24.5 mil in non-recourse financing on the Ellinwood Office Complex, a three-building commercial campus in Pleasant Hill. The property is owned by DJM Capital Partners, a San Jose-based in...
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• CBRE Adds Brian Mirkovich as Vice President
6/17/10
Brian Mirkovich has joined CB Richard Ellis’Retail Services Group in the Walnut Creek office as a Vice President. In his new role, Mirkovich will concentrate on broadening CBRE's retail services along the 680 Corridor, in eas...
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• Software Company Leases Two Buildings at Stanford Research Park
6/15/10
VMware Inc, a virtualization software company, locked up separate leases at two industrial facilities in Palo Alto’s Stanford Research Park for a total of 150k sf of space. The transactions, one a direct deal and the other a ...
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• Cassidy Turley BT Commercial Re-Aligns NoCal Leadership
6/14/10
In recent NoCal pro move activity, Cassidy Turley BT Commercial has re-aligned its leadership team in the region. Randy Keller, formerly Managing Partner of the firm’s Burlingame office, has been elevated to Managing Partner...
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• Door to Door Takes 105k sf of Hayward Space
6/11/10
Door to Door Storage Inc has consolidated three existing Newark warehouse locations into 105k sf of space at 2391 West Winton, west of Hesperian Blvd and Hayward Airport in the East Bay city of Hayward. The company signed a n...
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• CB Richard Ellis Investors Set to Acquire Oakland City Center
6/10/10
In major office investment news, CB Richard Ellis Investors is reportedly about to acquire the 1.5 msf Oakland City Center office campus from Shorenstein Properties. According to a recent report in the San Francisco Business ...
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• Oakland’s City Walk is Hopping Along Again
6/09/10
Development of City Walk, a stalled apartment and retail project in the heart of downtown Oakland, is underway again as the project’s new owners, Wood Partners LLC, recently secured the needed construction financing of $31.5 ...
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• Jason Burch Joins Cassidy Turley BT Commercial
6/07/10
Jason Burch has joined Cassidy Turley BT Commercial’s San Francisco office as Vice President. His expertise is focused on tenant representation, corporate tenant advisory, and landlord representation & acquisition.
In his f...
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• Ad Firm Fills San Francisco Office Property
6/04/10
GyroHSR, a global advertising firm with 15 offices worldwide, leased 9.9k sf of space in San Francisco at 1045 Sansome St, also known as the Abbott Building. GyroHSR is relocating from the 21st floor of 88 Kearny St. The add...
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• Wham Bam Thank You Glam
6/02/10
Glam Media Inc signed an expansion/relocation lease for 20k sf of HQ space in Brisbane. The online vertical publishing and advertising network company took 20k sf -- the entire 10th floor -- at 2000 Sierra Point Pkwy, on the ...
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• Ubisoft Inks Renewal for 42k sf in San Francisco’s SoMa District
6/01/10
Ubisoft, one of the world’s largest video game developers, has renewed the lease for its San Francisco headquarters in the city’s SoMa district. The company signed a seven-year deal for 42k sf of space at 625 Third St, about ...
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• Investor Nabs Pair of Fairfield Multifamily Assets
5/26/10
Peach Tree Villa and Peachwood Apartments, two neighboring apartment communities containing a combined 109 units in the NoCal city of Fairfield, were acquired by a Woodside, CA investor for $8.8 mil ($81k/unit). The propertie...
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• Barker Pacific and Prudential Real Estate Investors Assume Ownership of San Francisco High-Rise
5/21/10
Barker Pacific Group (BPG) and Prudential Real Estate Investors (PREI®) have formed a joint venture to assume ownership of the landmark One Sansome Street tower, a 43-story, 739k sf Class A tower in San Francisco’s financial ...
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• Red Barn Co Lands Funding to Start Hercules Mixed-Use Development
5/19/10
The Red Barn Company, out of Newport Beach, has obtained $2.5 mil in short-term, first trust deed financing on a 6.6-acre site within a redevelopment area in Hercules, a NoCal city located 20 miles north of Oakland off I-80. ...
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• Silicon Valley Office Property Fetches $33 Mil
5/18/10
In the latest office acquisition from Silicon Valley, HATCO Associates purchased a 60k sf, three-story building at 10495 North De Anza Blvd in Cupertino for $33.35 mil, or about $555/sf. Located south of I-280 and east of the...
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• The Ultimate Marketplace Comes to Sacramento
5/17/10
In a notable retail lease from Sacramento, The Ultimate Marketplace-ShopSmart inked a deal for a 108.3k sf freestanding building at 7660 Stockton Blvd. The property was formerly occupied by a Sam’s Club.
ShopSmart will be a...
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• Bay Area Multifamily Sales Review
5/14/10
A 14-unit apartment complex in San Mateo was purchased by a private investor for $2.95 mil ($210.7k/unit). The property is located at 22 East 20th, just off El Camino Real, a few blocks west of the intersection of Hwy 92 and ...
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• 119-Unit Affordable Housing Project Unveiled in San Mateo County
5/13/10
Trestle Glen’s additional green features include:
• Play structures and surfaces are made of more than 20% recycled materials.
• The building features side-by-side trash and recycling chutes, plus a built-in recycling bin ...
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• 78-Unit NoCal Apartment Complex Trades Hands
5/11/10
Mountainview Villas Apartments, a 78-unit apartment community located at 2146 Bedford St in Santa Rosa, was acquired by Bedford Santa Rosa Associates, LLC for an undisclosed price in a recent NoCal transaction. It was sold by...
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