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March 14, 2010
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NORTHERN CALIFORNIA HEADLINES

 News

 Etc. Etc...
Cornish & Carey Boosts NoCal Presence
3/12/10
Regional services firm opens offices in Larkspur and Santa Rosa

Tide is Turning for Oakland Industrial Property Market
3/11/10
Colliers International predicts export growth will play a pivotal role in changing economy

Kohl’s Takes Over Former Mervyn’s Space in Hanford
3/09/10
Retailer inks 20-year lease for new 69k sf store in Central CA

NoCal Activity Update
3/02/10
Grubb & Ellis Awarded management of SF Class A office property; Santa Clara buy is a Whizz

148-Unit Apartment Community Near UC Davis Sells for $15 Mil
3/01/10
Stonegate Village goes for just over $100k/unit

Prometheus Locks Up 75k sf of Signings at Walnut Creek Office Property
2/24/10
Brown & Caldwell’s renewal for 56k sf lead recent deals at Civic Executive Center


Oakland Scrap Metal Recycler to Recycle 100k sf Hayward Facility
2/23/10
Building will enable Aaron Metals Company to accommodate expansion needs


Investors Pick Up Bay Area Multifamily Assets
2/22/10
Recent transactions from San Mateo and West San Jose in the $1 mil+ range


Recent Deals Bring Sacramento-Area Office Property to Fully Occupied
2/19/10
KB Homes and the Department of Social Services sign latest leases at Capitol Oaks Office Building

Accuray Leases 113k sf of Silicon Valley R&D Space
2/18/10
Medical device firm inks deal at LaSalle’s Caribbean Corporate Center in Sunnyvale


Santa Clara County Picks Up Former San Jose Medical Center Property
2/16/10
13-acre property fetches $24 mil

Historic Marin County Site Trades Hands
2/10/10
Virtu Investments acquires 865-acre Borello Ranch property


NoCal Deal Briefs
2/09/10
Owner/users purchase Livermore-area buildings; 115k sf Hayward industrial sublease deal

Cornish & Carey Adds Premier Multi-Family Team
2/05/10
Knutson, Leyvas, Cross, Pagones, Pagones, Pappageorge and McCarrie join Bay Area brokerage firm

Basin Street Offering Parcels at 38-Acre NoCal Subdivision
2/03/10
Willows Commercial Center zoned for commercial and industrial development

San Francisco Office Market on Hold Until Job Creation Picks Up
2/02/10
Brief year-end overview by industry veteran Michael Tobin

Retailer’s Bay Area Expansion Plans are on Target
2/01/10
Big discount chain acquires 10 acres in San Jose and building leasehold interest in Oakland


Motoyoshi Joins Colliers International as Senior Vice President
1/27/10
21-year industry veteran to be part of firm’s Occupier services Group

Oakland City Center Building is Shorenstein’s Second to Be LEED Gold Certified
1/25/10
1111 Broadway received an ENERGY STARR score of 94

Bridgelux Remains in Bay Area with 120k sf Livermore Lease
1/22/10
LED manufacturer relocates from Sunnyvale with new seven-year lease


San Francisco Office Building Sells for $24 Mil
1/21/10
Offshore investor picks up 126k sf tower at 49 Stevenson

Pair of Sacramento-Area Multifamily Assets for Close to $10 Mil
1/21/10
Apartment properties are located in Placerville and Rocklin and contain 134 units

Petaluma Office/Warehouse Property Hits the Market for $12.4 Mil
1/20/10
715 Southpoint Blvd listed at $144/sf

CPS CORFAC and Cassidy Turley BT Commercial to Form Cassidy Turley CPS
1/19/10
Growing Cassidy Turley now ranks as one of the country’s largest real estate services firms

CIM Group Acquires 372k sf San Francisco Office Building
1/14/10
LA-based real estate investment firm adds to its growing holdings in the Bay Area

San Jose Retail Center Fetches $52 Mil
1/12/10
AEW affiliate acquires Stevens Creek Central Shopping Center

Sacramento Commercial Real Estate Markets Expected to Struggle in Coming Year
1/11/10
Update for state capital part of Grubb & Ellis’ 2010 Real Estate Forecast

Latest SOMA Office Lease is a Tweet Deal
1/06/10
Twitter boosts San Francisco space with an additional full floor at 795 Folsom

Former Mervyn’s Western Distribution Facility Sells
1/05/10
Global Investors Team acquires 365k sf property

Offerpal Inks Renewal/Expansion Deal at Fremont Biz Campus
12/31/09
Lease gives high-tech firm 24k sf at Mission Falls Business Park

Perquest Takes 37k sf at Dublin Corporate Center
12/28/09
440k sf office campus is owned by Tishman Speyer

Basin Street Grows Its NoCal Portfolio with 116k sf Buy
12/22/09
Firm acquires Petaluma Marina Business Center

Cautious Optimism for Silicon Valley
2/17/10
Speakers at Colliers International’s recent Trends2010 Conference don’t expect positive absorption until 2011

San Francisco Office Availability Near Historic Highs
2/08/10
Latest Studley Report on the market shows tenants taking advantage of current market conditions



NoCal Event Calendar
1/18/10
The Bay Area Real Estate Professional's Event Guide

Changing Market Conditions Predicted to Push Up Prices of Condos Under $729k
12/29/09
Veteran Bay Area condo sales pro points to a number of factors that make now a good time to buy

San Francisco Office Downturn Expected to Continue Well into 2010
12/11/09
Marcus & Millichap report points to additional job cuts and negative net absorption

Sacramento Industrial Vacancy Rate Continues to Rise
11/09/09
3rd quarter market review from Grubb & Ellis suggests market is still struggling




 


 
 
 
 





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