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• Bay Area Investors Take 17-Mile Drive
3/11/05
A Bay Area investor acquired the Seventeen Mile Drive Village Apartments, an 84-unit property in Pacific Grove, a charming coastal community just north of Carmel in Northern California. The complex is situated along the landm...
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• Bay Area Activity Notes
3/10/05
SAN RAMON (Contra Costa County) -- Commerce One LLC, one of the leading e-Commerce Solution providers, inked a sublease for 8.2k sf of office space on the top floor at 2633 Camino Ramon within Bishop Ranch Business Park for i...
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• San Francisco Apartment Complex Sells for $1.2 mil/Unit
3/09/05
A San Francisco apartment building traded hands at a staggering price of $1.2 mil per unit. The property, The Park Lane apartments on Nob Hill, contains 33 units and sold for $38 mil. It was acquired by the Lembi family, out ...
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• NoCal Deal Briefs
3/08/05
SAN MATEO (San Mateo County) – Three companies, eProcrates, Red Seal Systems and GNS Network Services, inked recent deals at San Mateo Centre, for a combined 20k sf of space. eProcrates, an exiting tenant, is expanding its he...
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• BT Commercial Acquires Sacramento NAI Affiliate
3/07/05
BT Commercial Real Estate/NAI, one of the top brokerage firms in the Bay Area, has acquired NAI Sacramento Valley Commercial (SVC), its Sacramento-based NAI affiliate. SVC, which was founded in 1997, has steadily grown since ...
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• NoCal Pro Moves
3/03/05
Sam Finne and Patrick McGaughey have joined Terranomics Retail Services, a division of BT Commercial Real Estate. Their joining will also launch the opening of BT Commercial/Terranomics' first office along the I-680 Corridor,...
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• NoCal Deal Briefs
3/01/05
SAN FRANCISCO (San Francisco County) -- Here's an opportunity to grab a prime Union Square property in the heart of San Francisco, as Anton Qiu of TRI Commercial Real Estate Services has the listing for a 20.2k sf building at...
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• Jordan's Oakland Office Buy is All Net
2/28/05
Wayne Jordan, a local real estate developer in Oakland, has acquired the Central Bank building, a 15-story 136k sf office property at 436 14th St in downtown Oakland. According to a recent article in the San Francisco Busines...
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• NoCal Deal Briefs
2/25/05
SACRAMENTO (Sacramento County) – A Hillsborough-based private investor paid $2.995 mil for the Rio Terrace Apartments, an eight-building, 32-unit ($93.6k/unit) complex at 1058 Rio Lane, along the Sacramento River. Originally ...
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• Equity Office Logs 1.4 msf of Office Deals in San Jose for 2004
2/24/05
Equity Office (EOP), the nation's largest office landlord, completed approximately 1.4 msf of office lease transactions throughout its San Jose portfolio in 2004. The majority of the deals, small business leases of less than ...
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• NoCal Activity Review
2/23/05
SAN JOSE (Santa Clara County) – Arseen Auto Body paid $6 mil for a 95.9k sf ($62.50/sf) industrial building at 1655 Little Orchard St. The building was sold by Glasforms Inc, which will lease back 36k sf. Arseen, which is exp...
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• Classic SF Building Musto Been a Good Buy at $7.25 Mil
2/22/05
Jackson Square Partners, a local development entity led by Douglas Rosenberg, has acquired the 32.4k sf Musto Plaza in San Francisco for $7.25 mil ($224/sf). Rosenberg plans to convert the historic building, located at 717 Ba...
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• NoCal Deal Briefs
2/18/05
MILPITAS (Santa Clara County) – India Community Center paid $3.85 mil for a 39.1k sf ($98.50/sf) R&D building at 525-535 Los Coches St. The buyer, which plans to occupy the space on Aug 1, 2005, was represented by Manoj Kapoo...
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• Oakland Retail Market Ranks 10th Nationally
2/17/05
The outlook for Oakland's retail market is upbeat, according to Marcus & Millichap's recently released National Retail Report for 2005, which points to the city's diverse economy as part of the reason for its strong showing. ...
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• Palmer's Team Says CB Later
2/16/05
After nearly 20 years with CB Richard Ellis, Bill Palmer is taking The Palmer Team on its own as an independent commercial real estate sales firm. Christened The Palmer Team, it includes 20 deal specialists from CB Richard El...
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• Joint Venture Grabs 2,100-Acre Development Opportunity in Bay Area
2/15/05
A joint venture of Pacific Coast Capital Partners, Pleasanton-based Black Mountain Development and NoCal-based Castle Companies has acquired 2,156 acres of land, known as Roddy Ranch, near the Bay Area town of Antioch. The ve...
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• Lost and Foundry
2/11/05
Equity Office Properties has added the 500k sf Two Foundry Square office building San Francisco's SOMA district to a NoCal portfolio that the giant REIT has put on the block. According to Real Estate Alert, the 10-story build...
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• NoCal Deal Briefs
2/10/05
SACRAMENTO (Sacramento County) – A pair of private investors paid $3.2 mil for a 10k sf ($320/sf) retail property at 8055 Elk Grove Florin Rd. The building was fully leased at the time of the sale. Steve Griffin of Grubb & El...
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• Sherwin-Williams to Apply Master Stroke to Emeryville Site
2/09/05
Sherwin-Williams Company, the well-known paint firm, has proposed a plan to develop a mixed-use project on its existing 8.5-acre factory site in the city of Emeryville. The project, which has been submitted to the city, would...
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• NoCal Deal Briefs
2/04/05
WEST SACRAMENTO (Sacramento County) – The city of West Sacramento acquired 22.19 acres of land at 2925 Ramco St, in the Southport area of West Sacramento, for a new city corporation yard. The property was sold by Sacramento-b...
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