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• Transpak Buys Hayard Industrial HQ Facility
4/25/16
Transpak has acquired a 122.5k sf industrial facility in Hayward for its new headquarters. The company paid just over $13.7 mil for the property, located at 20415-20427 Corsair Blvd, west of Hesperian Blvd and south of Bockma...
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• Corte Madera Office Building Acquired in $8 Mil Transaction
4/25/16
Professional Financial Investors has purchased 100 Tamal Plaza, a newly renovated, 21.3k sf multi-tenant office building in Corte Madera, for $8.2 mil, or about $385/sf. The two-story, professional/medical services building w...
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• Medallia Leases Over 200k sf at New San Mateo Office Project
4/21/16
Medallia signed a lease for 210.1k sf of space at 400|450 Concar, a new Class A office complex totaling 305k sf on 3.3 acres in San Mateo. Medallia, one of Sequoia Capital's most prominent investments to date, plans to move i...
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• Morgan Stanley Real Estate and Lift Partners Purchase Hayward Industrial Facility
4/20/16
In a recent East Bay industrial investment, a partnership of Morgan Stanley Real Estate and Lift Partners has purchased a 149k sf property in Hayward. The property, located at 30526 San Antonio St, south of Industrial Pkwy be...
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• Novato Office Property Sells for $6.25 Mil
4/19/16
Professional Financial Investors, Inc. has acquired North Bay Center, a 44.6k sf, Class A office property in downtown Novato, for $6.25 mil ($140/sf). North Bay Center boasts a high-identity hillside location at 7200 Redwood ...
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• Graham Street Realty Picks Up Berkeley Office Property
4/19/16
Graham Street Realty has acquired The Promenade, a three-story 43k sf multi-tenant office building in Berkeley, for $13.4 mil ($312/sf). The property, located on a .42-acre parcel at 1936 University Ave in the heart of downto...
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• KT Properties Urban Spends $19 Mil on Bay Area Office/R&D Property
4/18/16
In a recent Bay Area sale, an affiliate of KT Properties Urban Inc purchased a 70.5k sf R&D/office building located at 3055 Patrick Henry Dr, north of Hwy 101 and just west of Graet America Pkwy in Santa Clara. The property w...
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• Dior Occupies Flagship Store in San Francisco’s Union Square
4/18/16
High-end, fashion house Dior has occupied its 10K sf, flagship store in San Francisco’s Union Square. The retailer’s new space is at 185 Post St, which just underwent an extensive interior and entry façade fit-out. Terms of...
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• Fremont Biz Park Sells for $21.5 Mil
4/15/16
West Valley Properties Inc has acquired Warm Springs Business Center, a 146.7k sf multi-tenant flex project in Fremont, CA, for $21.45 mil, or $146/sf. Located at 48501 to 48531 Warm Springs Blvd, the property was sold by Sto...
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• Bay Area Best Buy Sells for $600/sf
4/14/16
A private investor paid $21.2 mil for a 35.2k sf ($602/sf) Best Buy building in San Rafael, the largest city in Marin County. The single-tenant property is situated on nearly three acres at 700 DuBois St, just west of Hwy 101...
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• NoCal Industrial Portfolio Sells for $63 Mil
4/14/16
A partnership of Birtcher Anderson Realty and Merced Capital acquired a three-project, 533.7k sf industrial portfolio in Northern California for $63.4 mil, or $119/sf. The assets, located in Concord, Fairfield and Folsom, wer...
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• Sonnenblick-Eichner Company Arranges $65 Mil in Refi Money on NoCal Hotel Property
4/13/16
Sonnenblick-Eichner Company has arranged $65 mil of first mortgage debt for the refinancing of the 341-room Marriott Monterey Hotel in downtown Monterey. The property is owned by San Carlos Associates.
The 10-year, fixed-rat...
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• R.D. Olson Development to Start Work on New Silicon Valley Hotel
4/13/16
R.D. Olson Development is about to break ground on Residence Inn by Marriott Silicon Valley, a new, 204-room hotel development in the Bay Area city of San Carlos. The project is located at 595 Industrial Rd, immediately adjac...
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• BROE and Citivest Commercial Investment Purchase San Francisco Retail Property
4/11/16
Oceanview Village Shopping Center, a 92.4k sf retail center in San Francisco, was acquired by a partnership between BROE and Citivest Commercial Investment for $31.6 mil ($342/sf). Developed in 2002, the property also contain...
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• CBRE Arranges $11.65 Mil for Purchase of Silicon Valley Office Property
4/11/16
CBRE Capital Markets’ Debt & Structured Finance team has secured $11.65 mil in non-recourse financing for the acquisition of a single-tenant office building located in the Moffett Park business area of Sunnyvale. CBRE’s Trent...
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• Clover Stornetta Inks Office and Industrial lease Deals in Petaluma
4/07/16
Clover Stornetta Farms, a leading brand in the dairy industry, has recently signed two long-term lease agreements that will reposition, expand and also retain the company within its NoCal hometown of Petaluma for many more ye...
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• Investor Picks Up .33-Acre Berkeley Dev Site
4/07/16
A developer group from San Francisco and the South Bay purchased a .33-acre commercial land parcel near downtown Berkeley for future development. The land, located on 1740 San Pablo Rd on the northwest corner of San Pablo an...
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• NoCal O’Reilly Auto Parts Store Sells for $2.8 Mil
4/06/16
A single-tenant, corporate-leased O'Reilly Auto Parts store in the NoCal city of Oakley traded for $2.82 mil, or about $350/sf. Oakley is situated about midway between Oakland and Stockton in Contra Costa County.
Built in 19...
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• Vacant Land Parcel in Belmont Acquired for Hotel Project
3/31/16
A vacant, 3.34-acre parcel in the Bay Area city of Belmont was purchased by OTO Development for the development of a 170-room, four-story moderate service hotel. The site, which is located at 1401 Shoreway Rd in the master-pl...
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• Community Preservation Partners Acquires Two Affordable Housing Projects in Oakland for $81 Mil
3/30/16
In a deal that will protect the affordability of 203 homes in the heart of the San Francisco Bay area for the next 55 years, Irvine-based Community Preservation Partners (CPP) acquired two multi-family housing properties in O...
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