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Site of Historic San Francisco Restaurant Offered for Sale 11/04/14 Here’s an interesting listing to hit the market in San Francisco. The property, at 615 Sacramento St, is the former site of historic San Francisco’s Jeanty at Jack’s Restaurant. Don LeBuhn and David Noravian of CBRE are repre...
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Nearon Enterprises Pays $4 Mil for Sunnyvale Industrial Property 11/03/14 Palo Alto-based Nearon Enterprises LLC paid $4 mil for a 3.1-acre light industrial, storage and yard facility in Sunnyvale. The property, located at 1276 Reamwood Ave, was sold by Berkeley Land Co.
Previously used as a distr...
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Ellis Partners Acquires San Rafael Office Property 11/03/14 San Francisco-based Ellis Partners LLC has acquired 4040 Civic Center Drive, a 130.2k sf, multi-tenant office building in San Rafael. The acquisition represents the fourth purchase by commercial developer/investor Ellis Partn...
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Belmont Rings Up Cloud Phone System Provider Lease 10/31/14 Ring Central, a leading provider of cloud business phone systems, has leased an entire 84.4k sf, Class A tech office building in the Bay Area city of Belmont for its headquarters. The three-story property, located at 20 Davis...
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Rare Berkeley Mixed-Use Redevelopment Property Listed for Sale 10/29/14 By Allen Wolfsheimer
Here’s news of a rare, never-before-listed investment opportunity adjacent to the UC Berkeley campus in Berkeley. The listing is being handled by Colliers International, who tell us that many consider th...
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Michael Pitre and Michael Torres Join Transwestern 10/27/14 Michael Pitre and Michael have joined Transwestern as part of the firm’s growing Tenant Advisory Services platform in Northern California. Nationwide, the company has added more than 100 tenant representation professionals in...
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New San Mateo Res Project Awarded LEED Platinum Certification 10/22/14 888 San Mateo, a 158-unit, residential community in San Mateo, was awarded LEED Platinum certification. The multi-family midrise project, developed by Sares Regis Group of Northern California (SRGNC), is only the sixth multif...
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Bay Area Apartment Property Sells for $352k/Unit 10/20/14 A 17-unit apartment property located in the Bay Area city of Belmont recently sold for $5.98 mil, or about $352k/unit. The property is located at 1617 and 1621 Sixth Avenue, west of the 101 Fwy and El Camino Real.
The acquis...
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Tableau Leases New Palo Alto Office Property 10/20/14 Tableau Software has signed a lease for all of the office space at a newly constructed, 30k sf office building in Palo Alto. The building, located at 260 California Ave, also has ground floor restaurant space.
Seattle-based ...
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McCarthy Cook & Co and Rialto Capital Management Buy Santa Clara Office Building 10/17/14 McCarthy Cook & Co recently acquired a 120k sf office building in Santa Clara, in a partnership with Rialto Capital Management LLC. The price was not disclosed.
Built in 1984, the two-story building in situated on 5.7 acres ...
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New York Investor Buys Building in San Francisco’s SOMA District 10/17/14 In a recent sale in San Francisco’s SOMA District, New York-based Brickman Real Estate purchased a 40k sf building at 945 Bryant St, for an undisclosed sum. The 40k sf, three-story building, located at the intersection with 7...
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San Francisco Office Buildings Awarded LEED Platinum Certification 10/17/14 Two office properties in San Francisco’s SOMA District have been awarded LEED Platinum certification. The properties, 680 Folsom St and 50 Hawthorne St, were owned by TMG Partners at the time the certification process was sta...
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Nasdaq Educational Foundation takes Space in San Francisco’s South Financial District 10/15/14 The Nasdaq Educational Foundation has signed a 10-year lease for 13k sf of space at Foundry Square III in San Francisco. Foundry Square III is a newly-completed, 10-story office development located in San Francisco’s South Fi...
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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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