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• December 20, 2001 - Clothier Creates Gap at Mission Bay
12/20/01
It's official. As we speculated here last week, Gap Inc has decided to sublease the building currently in construction for them at Catellus Development Corp's Mission Bay project in San Francisco. That's not totally disastrou...
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• South Bay Property Shuffle
12/18/01
Here's a quick synopsis of a few recent South Bay commercial property sales, which we pulled from the broker newsletter put out by the Cityfeet.com folks in San Francisco. Starting in San Jose, the James D. Griffiths Trust pa...
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• December 14, 2001 - Losing Bidder Says Oakland's Jack London Sale Not a Square Deal
12/14/01
Despite a higher bid, the Port of Oakland has agreed to sell four buildings totaling about 215k sf at Jack London Square for $17.2 mil to a partnership headed by local businessman James Falaschi and Hal Ellis, president of Sa...
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• December 12, 2001 - Catellus to Leave Mission Bay Spec Building Unfinished for Now
12/12/01
Catellus Development Corp has announced plans to halt construction on its 275k sf spec building at San Francisco's Mission Bay. Work will terminate at the end of the month with completion of the foundation and first-floor sla...
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• December 7, 2001 - It's Business as Usual in Union City and San Leandro
12/07/01
The sale of a tech-oriented business park and completion of a large industrial complex in Union City suggests that confidence remains high in southern Alameda County markets, even in the midst of a recession. Though Fremont i...
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• Merrill Lynch to Give Back 100k sf in San Francisco
12/06/01
What San Francisco definitely doesn't need at the moment is more large blocks of space put up for sublease. But that's exactly what it got with the announcement by Merrill Lynch that the brokerage house is looking for subtena...
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• Bay Area Lease Review
12/04/01
Here's a quick synopsis of some sizable recent Bay Area leases, starting with an update on a big San Francisco law firm deal that we first hinted at in October, as Farella Braun & Martel signed a 10-year renewal and expansion...
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• December 3, 2001 - Napa County May See Vacancies Under 10% by Year-End
12/03/01
With its relatively small industrial base and very small office base, Napa County is somewhat less subject to market vagaries than other parts of the Bay Area. Though 3rd-quarter office and industrial vacancy rates were rathe...
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• Summit Commercial Acquires 414k sf Koll Dublin Center
11/30/01
Summit Commercial Properties, the commercial real estate arm of Highridge Partners, an El Segundo-based real estate investment firm, has acquired Koll Dublin Corporate Center, a three-building office campus in the Bay Area ci...
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• November 28, 2001 - Marin Vacancy Rate in Steep Climb - Only 86k sf Leased in 3rd Quarter
11/28/01
Though Marin County is generally considered a realm of privilege, commercial property owners north of the Golden Gate may not be feeling especially privileged at the moment. According to Orion Partners Ltd, the addition of 22...
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• East Bay Properties on the Block
11/27/01
A recent edition of Real Estate Alert mentions a few East Bay office properties reported to be up for sale, which we thought you might be interested in. The biggest listing is Stevenson Point Tech Park II, a roughly 400k sf p...
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• Phase II of Carneros an Un-Commons Development
11/27/01
Bedford Property Investors has announced the completion of Phase II of Carneros Commons in Napa, Calif. Located at 2700 Napa Valley Corporate Drive, the second phase of Carneros Commons consists of a single-story, 36.9k sf, ...
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• Development Partnership in Escrow for Former McClellan Air Force Base
11/26/01
A private development partnership called McClellan Park LLC, consisting of the $2.1 billion Morgan Stanley Real Estate Fund III, Stuart Lichter of the Industrial Realty Group and Larry Kelley of Kelley and Associates, is curr...
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• Marvell-ous Sublease in Sunnyvale a Positive Sign for the Region
11/23/01
Several large blocks of space in Silicon Valley have found tenants, but whether this heralds a promising end to a dismal year or just a bit of good news amongst the bad is difficult to tell at this point. As many brokers have...
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• Potrero Hill Developments Still Face Uphill Battle
11/21/01
One local developer has called a halt to a major project in a district many believed would be the next big growth area for the multimedia industry, but another has committed to forging ahead with a tech-oriented complex in th...
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• November 16, 2001 - Web Address Manager Pays Dearly for Home Address
11/16/01
VeriSign, the world's largest manager of Web addresses, appears to feel an uncommonly strong attachment to its own address, the one in the real world, that is. A fondness beyond reason, some might argue, but nonetheless a dec...
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• Richmond's Redevelopment of Ford Plant Gets Recalled
11/15/01
Richmond's decade-long effort to redevelop the abandoned Ford Motor Assembly plant along the south shoreline appears to be falling apart. After two years of work, Cleveland's Forest City Enterprises withdrew from the project ...
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• November 9, 2001 - Downtown Oakland Buoyed by Low Vacancies, Renewing Activity
11/09/01
While Oakland Mayor Jerry Brown's persistent boosterism has become a bit grating as far as many people are concerned, the city's downtown certainly seems to be weathering the recession far better than other Bay Area markets. ...
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• November 7, 2001 - Pillsbury Winthrop Rolls Out the Dough
11/07/01
While a large number of powerhouse law firms are contracting, for the second time in recent weeks a large Bay Area law firm serving what would seem to be the least auspicious client base has committed itself to expansion. Bot...
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• November 2, 2001 - Cisco's Howl Becomes a Whimper
11/02/01
We all know about Pyrrhic victories, but Salinas and other communities south of San Jose experienced a Pyrrhic defeat of sorts with the withdrawal of their lawsuits challenging Cisco Systems' proposed new $1.3 bil corporate c...
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