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• QuinStreet Relocates to Tower Lane
4/16/10
QuinStreet, a full-service online marketing and technology company that recently went public on NASDAQ, leased a 64k sf Class A office building in Foster City. The company relocated from elsewhere in the Bay Area in a transac...
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• Recent Deal Comps from Sacramento
4/14/10
The Sacramento office of Grubb & Ellis Company recently completed a number of transactions in the region, which we thought might be of interest to any of you who keep up with deal comps from that part of the state. The transa...
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• Sacramento-Area Retail Center Sells for $23.5 Mil
4/08/10
In a very newsworthy Sacramento-area retail sale, North American Development Group (“NADG”), on behalf of a shopping center investment fund, has acquired Rock Creek Plaza, a 205.1k sf regional shopping center in Auburn, for $...
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• 43k sf San Mateo Office Property Trades Hands
4/06/10
A 43.4k sf office building in downtown San Mateo was sold by Brookfield Real Estate Opportunity Fund. It was acquired by a local, value-add investor, who plans to renovate the building with new common area upgrades. Addition...
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• Bay Area Retail Deal Briefs
4/02/10
WALNUT CREEK (Alameda County) -- 24 Hour Fitness USA Inc leased a 42.3k sf freestanding building located at 2800 Main St. in Walnut Creek. 24 Hour Fitness, which inked a long-term deal, is scheduled to take occupancy in June...
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• Canyon Capital Realty Advisors Seeking Gaming Operator for Cal Neva Resort
3/31/10
As part of their ongoing upgrade of the Cal Neva Resort, Spa and Casino in Lake Tahoe, Canyon Capital Realty Advisors (“Canyon”), the property owner, is temporarily closing the 5.4k sf casino, and has begun the process of sel...
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• Webroot Software Feels More Secure After Signing New San Mateo Lease for 47k sf
3/31/10
Webroot Software has agreed to a new lease for 47k sf of office space in San Mateo, in a deal that will relocate the security software firm from Mountain View. The company’s new space is within the Crossroads office complex,...
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• East Bay Multifamily Briefs
3/24/10
WALNUT CREEK (Alameda County) – Satellite Housing acquired a 19.6k sf land parcel at 2618 Baldwin Lane for $895k ($45/sf). The acquisition represents the third of four pieces to be assembled by Satellite Housing in partnersh...
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Executive Subscriber Price: Free
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• Southwest Community Health Center Acquires Bay Area Office Building
3/23/10
Southwest Community Health Center purchased Fountaingrove Executive Center, a 42.5k sf Class A office building in Santa Rosa for $6.4 mil ($151/sf). The two-story building is located at 3569 Round Barn Circle, north of Founta...
Price: $3.99
Executive Subscriber Price: Free
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• Investor Picks Up 45k sf NoCal Tech Building
3/19/10
A 44.8k sf Bay Area R&D/flex tech building traded hands in a recent transaction that required only two and a half weeks to close. The property, located at 1561 Buckeye Dr, south of Tasman Dr and west of I-880 in Milpitas, wa...
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Executive Subscriber Price: Free
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• Michael F. Smith Named Executive Managing Director at CB Richard Ellis
3/17/10
Michael F. Smith was promoted to Executive Managing Director (EMD) of CB Richard Ellis’ San Francisco/Bay Area Region. In addition, he has been appointed to CBRE's Americas Operations Management Board (AOMB), an internal exe...
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• Elliott Laboratories Inks Deals for 56k sf of Silicon Valley Space
3/16/10
Elliott Laboratories, a National Technical Systems Inc (NTS) company, just signed off on expansion/renewal leases totaling 56.4k sf at two industrial properties in northeast Silicon Valley. In the first transaction, Elliott ...
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Executive Subscriber Price: Free
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• Burlingame Office Complex is Virgin Territory for Equity Office
3/15/10
Virgin America’s corporate HQ expansion deal was one of three recent lease transactions at Bay Park Plaza, a two-building office complex located at 555 and 577 Airport Blvd in Burlingame. The other deals were with MacCorkle I...
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• Cornish & Carey Boosts NoCal Presence
3/12/10
Regional real estate services firm Cornish & Carey Commercial/ONCOR International (C&C) is expanding within the Bay Area and has opened two new offices in the region, one Larkspur and the other in Santa Rosa. C&C already main...
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• Tide is Turning for Oakland Industrial Property Market
3/11/10
According to the latest research we’ve received from Colliers International examining the global shipping trade’s varied impact on industrial property fundamentals in the nation’s ten largest seaports, industrial occupancy ra...
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• Kohl’s Takes Over Former Mervyn’s Space in Hanford
3/09/10
National department store chain Kohl’s has inked a deal for another California store, this latest one in the central CA city of Hanford, located about 30 miles south of Fresno. The Milwaukee-based retailer signed a 20-year le...
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• NoCal Activity Update
3/02/10
SAN FRANCISCO (San Francisco County) -- Grubb & Ellis Company was awarded the property management assignment for 49 Stevenson St, a 126.1k sf, Class A office building located in the heart of San Francisco’s financial district...
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Executive Subscriber Price: Free
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• 148-Unit Apartment Community Near UC Davis Sells for $15 Mil
3/01/10
A 148-unit apartment community in Davis, CA was purchased by a NoCal investor for $15.1 mil or about $102k/unit. The property, Stonegate Village, is located at 2950 Portage Bay West, east of Hwy 113 and just north of Russell ...
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Executive Subscriber Price: Free
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• Prometheus Locks Up 75k sf of Signings at Walnut Creek Office Property
2/24/10
Prometheus Real Estate Group Inc recently executed more than 75k sf of lease transactions at Civic Executive Center in Walnut Creek. Located at 201 North Civic Dr, east of I-680 and north of Ignacio Valley Rd, the building is...
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Executive Subscriber Price: Free
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• Oakland Scrap Metal Recycler to Recycle 100k sf Hayward Facility
2/23/10
Aaron Metals Company, an Oakland-based scrap metal recycler, purchased a 100.4k sf industrial facility at 25101 Clawiter Rd, west of I-880 and just north of Hwy 92 in Hayward. Aaron, a scrap metal dealer specializing in non-f...
Price: $3.99
Executive Subscriber Price: Free
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