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• June 10, 2002 - Dream of a Deal
6/10/02
Three brokers from Cornish & Carey Commercial pulled off one of the year's most exciting deals for the San Francisco Bay Area with the signing of DreamWorks SKG to a 10-year lease for a 119.7k sf office building at 1800 Seapo...
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• June 7, 2002 - Playing It Safeway
6/07/02
Safeway Inc has completed negotiations with CarrAmerica Realty Corp for space at CarrAmerica Corporate Center in Pleasanton. The supermarket chain signed five-year leases for 143k sf of offices to house its purchasing departm...
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• June 6, 2002 - Silicon Switch
6/06/02
The merger between the two Ellises -- CB Richard and Grubb & -- may be off, but fallout has nonetheless occurred, as evidenced by the departure of seven industrial and R&D brokers from Grubb's San Jose office. The group repre...
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• Thanks to Recent Success at Gateway West, Ellis Enjoys His Livermore
6/03/02
Ellis Partners, the San Francisco real estate investment and development firm formed by Hal Ellis of Grubb & Ellis fame, has been seeing a lot of activity at its Tri-Valley properties, with the completion of four large lease ...
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• Food Manufacturer and Engineering Firm have Plenty in Commons
5/31/02
Bedford Property Investors has signed two new office leases at Carneros Commons, a 77.2k sf flex- and office/flex project in Napa Valley Corporate Park in Napa. Food manufacturer The Perfect Puree of Napa Valley leased 8.2k s...
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• May 30, 2002 - Star Warts
5/30/02
With vacancies approaching 20% and one of the market's prime tenants, Industrial Light & Magic, set to move to San Francisco, now hardly seems to be the time to launch new development in Marin County. Nonetheless, that is jus...
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• North Bay Area Success is in the Stars for Orion
5/29/02
Orion Partners Ltd recently completed the following series of small office leases in Marin and Sonoma counties. The deals were done from the firm's San Rafael and Santa Rosa offices.
In Marin, Mac Cranford and Haden Ongaro ...
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• City Center the Center of Attention in Oakland
5/28/02
Shorenstein Co may have decided the depressed market dictates giving up purchase and development rights for one of the remaining parcels in Oakland City Center, but other developers apparently aren't daunted. Newport Beach-ba...
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• May 23, 2002 - Better Late Than Never
5/23/02
It took six months from completion, but a three-building spec project in Airport Business Center in Santa Rosa has finally found its first two tenants. Crescent Health Care signed for 5.7k sf in a 26.9k sf flex building at 67...
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• May 22, 2002 - Faring Well in Fairfield
5/22/02
Closer-in Bay Area locations may be swimming in reduced-rent office space, but that hasn't stopped Quadrangle Development Co from launching the 2 msf Green Valley Corporate Park in distant Fairfield, with two buildings in con...
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• May 21, 2002 - City Halt
5/21/02
It looks like the City of San Jose won't come to the rescue of downtown builders by leasing or buying one of several projects currently in development for use as City Hall. Earlier this week, the City Council voted 9-2 to for...
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• Prudential Looking to Sell Piece of SOMA Rock
5/19/02
Developers aren't exactly begging for sites in San Francisco, so owners of two nearly identical South-of-Market development properties are likely to end up in a battle royal for buyers. Prudential Insurance Co is preparing to...
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• May 17, 2002 - Marin Sailing Rough But Stabilizing Waters
5/17/02
First-quarter reports from Orion Partners Ltd, Keegan & Coppin and BT Commercial show a stabilizing office market in Marin County. Though the figures differ, all three documents indicate the vacancy rate is holding steady aft...
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• We're So into Sonoma
5/16/02
The vacancy rate in Sonoma County is hovering in the mid teens, according to first quarter reports from Keegan & Coppin and Orion Partners. K&C records it as just under 14%, while Orion puts it at 16%. This makes one of only ...
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• May 15, 2002 - GVA and Beitler Sever Tie
5/15/02
Real estate brokerage network GVA severed its affiliation with the San Francisco office of Beitler Commercial and is seeking a new local partner. Neither the Chicago-based association nor Beitler announced the reason for the ...
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• May 14, 2002 - Silicontinuity
5/14/02
In one of the larger Silicon Valley leases of the year, Palm Source Inc, a subsidiary of Palm Inc that supplies software for handheld computers and smart phones, took down 83.3k sf at 1240 Crossman Ave in Sunnyvale. The lease...
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• May 14, 2002 - No Profit from Nonprofits
5/14/02
The Oakland City Council stalled the dreams of one nonprofit by selling its building to pay off the organization's debt to the city, but it kept alive the dreams of a dozen or so others by agreeing to sell the project they oc...
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• May 13, 2002 - Small is Bountiful in Sonoma County
5/13/02
While the bigger Bay Area contractors may be suffering a shortage of work, smaller ones appear to be faring generally well as the focus of commercial development shifts to smaller projects and remodels. For example, two small...
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• May 10, 2002 - Mint Condition
5/10/02
The San Francisco commercial real estate market may be in shambles, but that didn't deter 12 competitors from submitting proposals for development of the historic U.S. Mint site at 5th and Mission streets. Among the bidders a...
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• May 9, 2002 - Staying Alive -- the NoCal Real Estate Version
5/09/02
Though the deals are typically small, sales of Bay Area industrial buildings appear to be holding steady despite the downturn in the commercial real estate market.
In San Francisco, a 15k sf single-story industrial building...
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