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San Rafael Office Building Listed for Sale 2/24/14 A 115.5k sf, Class A office building in San Rafael has been listed for sale. The property, located at 111 McInnis Pkwy, is being sold by JHS Holdings Inc.
The three-story, trophy property is 100 percent leased to Autodesk In...
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Leasing Pros at Terranomics and Cassidy Turley Using Their Noodles 2/19/14 Noodles & Co has begun its roll-out of restaurant locations in California, recently inking deals for new locations in both the Northern and Southern ends of the state. Founded in 1995, Noodles & Co completed their IPO last s...
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Woodridge/Oaktree Partnership Acquiring San Francisco’s Mark Hopkins Hotel for $120 Mil 2/18/14 Michael Rosenfeld’s Woodridge Capital Partners and Oaktree Capital Management are teaming up on another major California hotel buy, as the venture is in the process of acquiring the world-renowned Mark Hopkins Hotel at One No...
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South Korean Telecom Firm Inks Expansion/Relocation Deal for 35k sf in Sunnyvale 2/18/14 SK Telecom Americas Inc, a leading telecommunications company based in South Korea, signed a relocation/expansion lease for 34.7k sf of space in Sunnyvale. The firm’s new location is at 310 DeGuigne Dr, west of Lawrence Expsy...
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TD Ameritrade and Starbucks Ink Deals at New Walnut Creek Mixed-Use Center 2/14/14 TD Ameritrade and Starbucks have signed respective leases of 5k sf and 1.7k sf of space at the site of The Village mixed-use project in Walnut Creek. Located at 1500 Newell St, The Village is a new project that once completed...
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Chinese Investor Buys Historic San Francisco Building 2/12/14 A high net-worth Chinese investor has purchased 211 Sutter Street, an historic trophy retail and creative office building in San Francisco. Built in 1907, the 10-story building contains a total of 37.6k sf of space. The pric...
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New Alameda Landing Shopping Center Closes Deals with Anchor Safeway and Michael’s 2/11/14 Safeway and Michael’s Stores are the latest tenants to ink deals at the brand new Alameda Landing shopping center. The center is owned by Catellus Alameda Development LLC.
Serving as one of the center’s primary anchors, Saf...
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The STG Group Closes $62 Mil Acquisition in Oakland City Center 2/06/14 The STG Group has acquired City Square, the landmark, mixed-use asset in located in the downtown Oakland City Center. The 163.7k sf property sold for $62 mil, or $379/sf.
Prominently situated in the East Bay’s premier busine...
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NorthMarq Capital Arranges $200 Mil for Six-Building Silicon Valley Portfolio 2/06/14 NorthMarq Capital has arranged $200 mil in financing of a six-building portfolio in Silicon Valley. Five of the properties, comprising more than 500k sf, are occupied by Microsoft and used as the company’s primary campus in t...
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New San Francisco Restaurant Tenant is Last Resort for Fisherman’s Wharf Center 2/05/14 Dick’s Last Resort has inked a lease for 9.2k sf of restaurant space at the Anchorage Square shopping center in San Francisco’s Fisherman’s Wharf. The restaurant is slated to open by summer 2014 and rounds out the re-tenanti...
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Office Building Sold in San Francisco’s South Financial District 2/03/14 A five-story office building located at 246 1st St in San Francisco’s South Financial District was purchased by LA-based CIM Group. Built in 1929, the building features a distinctive Art Deco style and coveted interior archit...
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Construction Work on Jay Paul Company’s 181 Fremont Entails Drilling Deepest Construction Shaft Ever in San Francisco’s History 1/28/14 We’ve learned of an interesting construction first in San Francisco, as Bay Area-based Level 10 Construction has installed the deepest known construction shaft to-date in the city at Jay Paul Company’s 181 Fremont site. The d...
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Ridge Capital Investors Wraps Up $32 Mil in NoCal Acquisitions 1/28/14 Ridge Capital Investors LLC recently acquired an apartment complex in Sacramento and a low-rise office building near San Jose. The assets were purchased in two separate transactions with a total consideration of $31.8 mil.
I...
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Capital Realty Advisors Provides Financing for Palo Alto Mixed-Use Development 1/24/14 Capital Realty Advisors (Canyon Realty) has provided $49.5 mil in financing to College Terrace Centre LLC for the development and construction of The College Terrace Centre, a full-block mixed-use development located just one...
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Sunset Development Company and MetLife Acquire 2 msf East Bay Biz Property 1/23/14 A joint venture of Sunset Development Company and MetLife Inc has completed the purchase of the 2 msf AT&T campus at Bishop Ranch in the East Bay city of San Ramon. The sale, reported to be worth at least $250 mil, includes a...
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Newmark Grubb Knight Frank Parent Co to Acquire Cornish & Carey 1/21/14 Newmark Grubb Knight Frank’s (NGKF) parent company, BGC Partners Inc, has reached an agreement to acquire Cornish & Carey Commercial (Cornish & Carey). With 2012 revenues of about $135 mil and over 275 brokers, Cornish & Care...
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Principal Real Estate Investors Takes 90% Stake in Menlo Business Park 1/21/14 Principal Real Estate Investors will become a 90% investor in Menlo Business Park (MBP), a 900k sf commercial office park in Menlo Park. Principal acquired the investment from Tarlton Properties Inc (TPI), who originally deve...
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Colliers Arranges $10 Mil in Acquisition Money for San Jose Retail Property 1/21/14 Colliers International has arranged $10 mil in acquisition financing for a 69.8k sf retail building in San Jose. Located at 4070 - 4080 Stevens Creek Blvd, the property is 100% leased and will be anchored by a Wal-Mart Neighb...
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The Hill Companies Picks Up Fee Interest under Mixed-Use Property in San Francisco 1/16/14 The Hill Companies has acquired the fee interest under a 142.9k sf, mixed-use development located at 1700 California St in San Francisco. The Denver-based real estate investment firm already owns the leasehold improvements at...
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Induspac California Leases 87k sf Hayward Facility 1/13/14 Induspac California Inked a long-term lease for an 87.4k sf manufacturing/distribution facility in Hayward. The structure, located at 21062 Forbes St, is part of a two-building, 160k sf Class A warehouse development.
The fr...
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