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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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Lowe Enterprises Entity Buys Hotel De Anza in San Jose 9/11/14 Lowe Enterprises Investors (LEI) has acquired the historic Hotel De Anza in San Jose on behalf of an investment client. The 100-room, 10-story hotel is located at 233 W. Santa Clara St, in the heart of the city’s downtown ar...
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Columbia Property Trust Completes $300 Mil San Francisco Office Buy 9/10/14 In news of a large office investment buy in San Francisco, Columbia Property Trust has acquired 650 California Street, a 33-story, 478.4k sf Class A office tower in the city’s Financial District. The high-rise was purchased f...
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San Francisco Office Tower Receives LEED Platinum Certification 9/10/14 In San Francisco, 75 Hawthorne at Hawthorne Plaza has received Platinum certification under the U.S. Green Building Council's LEED for Existing Buildings (EB) Rating System. Previously in 2009, Hawthorne Plaza became the fir...
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Pembroke Real Estate Completes First San Francisco Office Buy 9/09/14 Pembroke Real Estate has acquired 100 California Street, a 288.6k sf office building in the heart of San Francisco’s Central Business District. The purchase, which was made on behalf of its investors, marks Pembroke’s first a...
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San Francisco Leads the Country in High-Tech Job Growth 9/08/14 San Francisco dominates all other U.S. markets in high-tech industry growth, according to JLL's latest High-Technology Office Outlook market report. The #1-ranked city’s ability to attract high-tech companies and huge amounts...
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Retail Property in San Francisco’s Union Square Acquired by UK-Based St. Bride’s Managers 9/01/14 St. Bride’s Managers, a UK-based real estate company, has purchased a three-story, 39.2k sf retail building located at 300 Grant Ave in San Francisco. The property was sold by a venture of Chicago-based Kinship Capital, Pearl...
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Rialto Capital Management Buys 423k sf East Bay Office Campus 8/28/14 Miami-based Rialto Capital Management has purchased Walnut Creek Executive Park, a 423.5k sf office campus located in San Francisco’s East Bay. The asset was sold by a global institutional investor for $48.6 mil, or $115/sf....
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