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NoCal Community Shopping Center Sells for Over $19 Mil 10/15/14 Commonwealth Square, a 141.3k sf community shopping center in the NoCal city of Folsom, sold for $19.3 mil, or $137/sf. The property, anchored by a Raley’s Fine Markets, was 85% occupied at the time of the sale with such tena...
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Brooks Pedder Joins Cassidy Turley as Senior Managing Director 10/14/14 Brooks Pedder, SIOR, has joined Cassidy Turley as Senior Managing Director in the company’s Walnut Creek office.In his new leadership role, Pedder will be assuming sales managing duties and responsibilities.
In addition, l...
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Box Inc Leases Entire Crossing/900 Development in Redwood City 10/13/14 Box Inc, the rapidly growing provider of secure cloud content management services, has agreed to a 12-year lease for the entire 334k sf Crossing/900 office campus in downtown Redwood City. Located at 900 Middlefield Rd, near ...
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Retail Brokerage Pro Karen Hoke of Colliers International Passes Away 10/10/14 Karen Hoke, a senior vice president with Colliers International who built a national reputation representing some of the world’s largest luxury retailers, developers, property owners, restaurateurs, and most-recognized mercha...
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KTR Capital Partners Buys 208k sf of NoCal R&D/Flex Space 10/08/14 KTR Capital Partners recently acquired seven buildings totaling 208.4k sf in the city of Hayward. The price was not disclosed.
The buildings are located in North Hayward Corporate Center, a business park comprised of eight h...
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Upscale Santa Clara Res Project Gets Started 10/08/14 SummerHill Apartment Communities has broken ground on Villas on the Boulevard, a new 186-unit luxury residential rental community in the Bay Area city of Santa Clara. The property is located at 2611 El Camino Real, between B...
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Owner/User Spends $7.35 Mil on Oakland Industrial Building 10/06/14 An owner/user has acquired a 105k sf foot industrial building on 3.5 acres in Oakland for $7.35 mil ($70/sf). The property is located at 155 98th Ave, between Doolittle Dr and I-880, just east of Oakland International Airport...
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LBA Realty Acquires Santa Clara Warehouse/Distribution Facility 10/03/14 LBA Realty has acquired a 121.8k sf warehouse/distribution facility situated on 6.6 acres in Santa Clara. The freestanding property, located at 2899 Mead Ave, was sold by Morgan Stanley Real Estate Advisors.
The building is...
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Three R&D Buildings Totaling 147k sf Purchased by Two Buyers in Separate Deals 10/02/14 Three multi-tenant, single-story R&D buildings totaling 147k sf located in North San Jose were sold by a single seller in two separate transactions with different buyers.
In one of the deals, Dollinger Properties purchased ...
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ACCO Brands Leases 22k sf of San Mateo Office Space 9/30/14 ACCO Brands Corporation has agreed to a lease for 22.2k sf of office space at Bridgepointe Office Park in San Mateo. ACCO will relocate its offices from Redwood Shores to Bridgepointe, located at 1500 Fashion Island Blvd, ea...
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Santa Rosa Apartment Property Goes for $193k/Unit 9/29/14 Rose Meadow Apartments, a 19-unit apartment property located in Santa Rosa, sold for $3.675 mil, or $193.4k/unit. Built in 1986, Rose Meadow Apartments is located at 2150 Meadowbrook Ct, west of Hwy 101 and just north of Guer...
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Shorenstein Properties Completes 426k sf North San Jose Office Buy 9/26/14 Shorenstein Properties has purchased the first phase of Champion Station, a four-building, low-rise office and R&D campus in North San Jose. The property, located at 110-180 West Tasman Dr, was sold by TMG Partners and Fortre...
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Contiguous 1 msf Block of Flex Office Space Being Marketed in the Bay Area 9/24/14 We’ve learned of a 1 msf block of contiguous block of flex office space in the Bay Area that has come on the market. The space is within 2600 Camino Ramon, a 1.8 msf, four-story building in the heart of San Ramon’s Bishop Ran...
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24 Hour Fitness Takes 39k sf Space in San Jose 9/22/14 In a notable retail lease comp in San Jose from a couple of months back, 24 Hour Fitness inked a long-term deal for 38.9k sf of space for its brand new health club at Eastridge Center. Serving as co-anchor, 24 Hour Fitness is...
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San Francisco’s One Sansome Street First Building in City to Achieve LEED Platinum v4 Certification 9/19/14 A San Francisco office high-rise, One Sansome Street, has achieved LEED Platinum v4 certification, the highest level of certification in environmental sustainability from the US Green Building Council. One Sansome, owned b B...
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Newmark Realty Capital Arranges $28 Mil in Construction Money for San Francisco Office Project 9/18/14 Newmark Realty Capital has arranged $28.5 mil in construction financing for 85 Bluxome, a ground-up office development in the SoMa submarket of San Francisco. 85 Bluxome will be a Class A, 55k sf office building, a rarity for...
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Sonoma Apartment Property Sells for $183k/Unit 9/18/14 Sonoma Mission Apartments, a 43-unit apartment property located in Sonoma, sold for $7.85 mil ($182.5k/unit). The property, located at 18161 Happy Lane, just west of Sonoma Hwy, was sold by a private investor.
The property c...
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Hunter Storm Signs Three at San Jose Retail Development 9/18/14 There have been three recent tenant signings at Village Oaks shopping center in South San Jose. The 325k sf project, being developed by Hunter Storm Properties, is located at HWY 85 and Cottle Rd. It is expected to open in th...
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Leasing of New Redwood City Office Project is All Neatly Wrapped Up In a Box 9/17/14 Box Inc has inked a 12-year lease for all of Crossing/900, a two-building, 334k sf office project currently under development by Kilroy Realty Corp (KRC) in Redwood City. The project, designed by Korth Sunseri Hagey, is locat...
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TargetExpress on Target for Three Bay Area Store Openings 9/15/14 Target Corporation has inked three new deals in the Bay Area for its new TargetExpress store concept. Two of the stores will be in San Francisco while the other is scheduled for Berkeley.
The big box retailer, which typicall...
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