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June 19, 2013

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NORTHERN CALIFORNIA HEADLINES

News

Etc. Etc...

Recapitalization and Renovation of Silicon Valley Office Building a Slam Dunk for the Admiral
6/18/13

San Antonio-based real estate group forms partnership with South Bay Development Company for Santa Clara building investment

Grocery Outlet Leases 54k sf Emeryville Facility
6/17/13
Tenant relocating corp HQ from Berkeley

25k sf Burlingame Office Building Sells for $5.5 Mil
6/13/13
Phoenix Pharmaceuticals acquires property from a private investor

Dostart Development Obtains Funds for Purchase and Renovation of Vacant Sunnyvale Building
6/12/13
95k sf office property was formerly occupied by Veritas Software Corp

Carmel Partners Buys 84-Unit Alameda Apartment Property
6/11/13

Marina View Towers sold by a private investor

C.P. Shades Renews Its Sausalito HQ Space
6/07/13

Clothing manufacturer remains at Westcore Properties’ Mariner’s Landing

Continental Funding Group Arranges $6 Mil Refi on Sacramento Retail Center
6/06/13
Glenbrook Shopping Center is anchored by Big Lots

Jesse Weber Joins CBRE in San Francisco as Senior Vice President
6/03/13
Mortgage banking pro becomes part of firm’s Capital Markets Debt & Equity Finance Division

Hager Pacific Getting Its Portfolio in Shape with Addition of Two CA Fitness Properties
5/30/13

Company buys and redevelops 45k sf Fremont building; then signs 24 Hour Fitness to 20-year lease

Mixed-Use Property in San Francisco’s Union Square District Listed for $13.9 Mil
5/30/13

Building contains 56 res units over ground-floor retail occupied by Starbucks and American Apparel

Swig Company Wins Big at BOMA SF’s Earth Awards
5/30/13

Three buildings owned and/or managed by Swig recognized, along with firm’s chief engineer Cary Hedman

Nathan Elliott Joins CBRE in San Francisco
5/29/13
Will specialize in debt financing for commercial properties

InvenSense Leases 130k sf of HQ Space in San Jose
5/28/13

Firm will take five floors at Class A building owned by Equity Office

AEW Capital Management Acquires Santa Clara Office Property Leased to Infoblox
5/23/13

127k sf campus sold by Bixby Land and JP Morgan

Sabal Financial Group Closes Trio of NoCal Loans Totaling $38 Mil
5/21/13
The acquisition, development and construction loans were for res projects in Livermore, Sacramento and Granite Bay

New Signings Account for 23k sf of Space at Napa Valley Commons
5/21/13

Spelletich Family Wine Company and JF Hillebrand USA Inc sign leases at mixed-use campus

Cassidy Turley to Manage 359k sf San Francisco Office Tower
5/15/13

600 California Street is owned by Clarion Partners

Kennedy Wilson to Handle Leasing of Commercial Sites on Mare Island
5/14/13

650 acres of former naval base to be developed into mixed-use commercial/residential community

C&CCNKF Lands Leasing Assignment for Medical Office Property in Oakland
5/14/13

Broadway Webster Medical Plaza owned by Investcorp Real Estate

It’s a Good Day at HGA Architects and Engineers
5/13/13
Kevin Day hired as Associate Vice President/Lead Project Designer in firm’s San Francisco office

Colin Barnard Joins Walnut Creek Office of Johnson Capital
5/10/13
Comes over as Vice President from Barnard Capital Inc

Drawbridge Realty Trust Picks Up Fourth Silicon Valley Property
5/07/13

San Francisco firm pays $13 mil for 50k sf facility occupied by National Instruments

Barker Pacific Group and Artemis Real Estate Partners Purchase Rohnert Park Self-Storage Property
5/06/13
Facility to become third property in Storage Solutions portfolio

Old Republic Title Leases 20k sf of Office Space in San Jose
5/06/13
Firm relocating from elsewhere in the city

Kennedy Wilson Buys 89k sf NoCal Office Asset
5/03/13
Investment firm spends $22 mil on The Pointe at Redwood Shores

EmeryStation Greenway Building Recognized by CALED
5/02/13
Wareham Development’s project awarded Grand Prize for Economic Partnerships

Office Building in San Francisco’s Mid-Market Corridor Acquired as Value-Add Opportunity
5/01/13

Columbia Pacific Advisors and Long Market Property Partners spend $17 mil on 86k sf property at 995 Market St

Adjacent Modern Apartment Communities in Napa Sell for $40 Mil
4/30/13

Ridge Capital Investors and Redwood Real Estate Partners acquire 178 units to be combined and rebranded into a single asset

CIM Group Acquires 60k sf San Francisco Office Property
4/26/13

330 Townshend located in city’s SOMA District

Nimble Storage Inks $31 Mil Silicon Valley Lease
4/25/13

Software firm signs eight-year deal with Bixby Land in San Jose

Colin Chapman Joins Sacramento Office of Johnson Capital
4/24/13
Exec will focus on debt placement for income producing properties nationwide

CB2 Builders Completes Build-Out and TI Work at San Francisco’s Exploratorium
4/24/13

Project included the museum tripling in size

Visit the Northern California Headlines Archive

CA Homes Prices See Largest Year-Over-Year Gain in 33 Years
6/19/13
San Francisco median home price already above previous high in May 2007

C.A.R. Surveys Current Home Investors
5/29/13
Study shows two-thirds hold investment homes as long-term investment

Distressed Home Sales in CA at Lowest Level Since Feb 2008
5/23/13
REO sales in state under 10% for first time in five years

CA Home Prices Continue to See Strong Gains
5/16/13
Increase fueled by sales jump in upper-price-range

CA Housing Affordability Dropping
5/13/13
Increasing home prices making it more challenging to buy in the state

CompStak Offers a New Solution for Sharing and Accessing Deal Comps
5/08/13
Online venture about to launch LA version of its commercial lease database

NoCal Event Calendar
10/09/12
The Bay Area Real Estate Professional's Event Guide

Visit the Northern California Etc Etc Archive