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• CBRE Arranges $20 Mil on NoCal Retail Property
12/05/13
CBRE Debt & Equity Finance Group arranged $20 mil in refi money on a grocery-anchored shopping center in the Silicon Valley city of Saratoga. The non-recourse loan was originated by CBRE’s John Nelson on behalf of a local inv...
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• San Jose R&D Property Goes for $89/sf
12/03/13
Silicon Valley University paid $6.3 mil for a 71.1k sf ($89/sf), high-image R&D building in North San Jose. Silicon Valley University is a private, non-profit, higher educational institution.
The freestanding building, locat...
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• Palo Alto Office Building Sells for Over $1,000/sf
12/02/13
Rockwood Capital has acquired 130 Lytton, a 50k sf office building in downtown Palo Alto, for $53 mil, or $1,060/sf. The building is 100% leased to A9, a subsidiary of Amazon, for use as its headquarters. It was sold by KG-Ly...
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• Salinas Industrial Owner Receives Encore for Recent 125k sf Signing
12/02/13
Encore Recycling Inc signed a long-term lease for 124.8k sf of industrial space at the Firestone Business Park in Salinas. The recycling company is a newly formed subsidiary of Vernon-based Command Packaging, a privately owne...
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• Invesco Completes Silicon Industrial Portfolio Buy
11/27/13
Invesco Real Estate closed on the purchase of The Central Silicon Valley Industrial Portfolio, a portfolio of assets including four Class A warehouse and manufacturing buildings totaling 312.1k sf, located in Sunnyvale and Sa...
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• Silicon Valley Apartment Property Trades for $11.4 Mil
11/26/13
The Village at Lawrence Station, a four-building, 56-unit apartment complex in the Silicon Valley city of Santa Clara, recently sold for $11.4 mil, or just over $200k/unit.
The Village at Lawrence Station is located at 3488 ...
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• ULTA Beauty Opens Eight New Bay Area Locations over the Past Year
11/25/13
ULTA Beauty has expanded its San Francisco Bay Area footprint by opening eight new locations in the past year. Rapidly approaching its 40-store target for the market, the beauty products retailer now maintains 17 Bay Area sto...
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• Best Western Plus Lighthouse Hotel in Pacifica Trades
11/22/13
The Best Western Plus Lighthouse Hotel in the NoCal city of Pacifica was sold by a California-based affiliate of Invest West Financial Corporation. The price was not disclosed.
The property is located at 105 Rockaway Beach A...
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• Ellis Partners Acquires Oakland City Center Office Tower
11/22/13
Ellis Partners has acquired 1111 Broadway, a Class A office tower in downtown Oakland. Built in 1990, the high-rise is located in the City Center development and contains 566.2k sf of rentable space over 24 floors. The price ...
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• Unique NoCal Resort Property Fetches Over $1 Mil Per Key
11/21/13
Calistoga Ranch, a unique, 157-acre resort property in the upper Napa Valley canyon, was purchased by an investor group led by Auberge Resorts. The 50-room property was sold by Olympus Real Estate Partners (Olympus), the orig...
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• Terra Nova Trading Company Buys Oakland Office/Retail Building
11/21/13
Terra Nova Trading Company paid $3.25 mil for a 27.8k sf ($117/sf) office/retail building in Oakland. The three-story building is located at 1714 Franklin St in the city’s Uptown area. The property features two stories of off...
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• Dublin Building Purchased by a Swim School
11/20/13
A 10.6k sf building in Dublin sold for $3.15 mil, or $298 per square foot. The building is located at 6175 Dublin Blvd, east of Dougherty Rd and north of I-580.
The buyer was Joseph He, who will be opening up a new Calphin A...
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• Recent Deals at Hamilton Landing Total 119k sf
11/19/13
There have been five recent signings, totaling 118.9k sf, at Hamilton Landing, a 403k sf business campus off Hwy 101 in the Bay Area city of Novato. The latest transactions include three lease expansions and two new major lea...
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• Pharmaceutical Company Expands into Entire 52k sf Sunnyvale Building
11/18/13
Pharmacyclics Inc agreed to an expansion lease for an additional 32k sf of space in Sunnyvale, giving the firm occupancy of the entire 52.4k sf, single-story R&D building located at 970 Stewart Dr, within the Oakmead West Bus...
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• Former Brewery Property in San Francisco Being Offered for Sale
11/18/13
Colliers International has been awarded the marketing assignment for The Hamm’s Building, located at 1550 Bryant St in San Francisco’s Mission District. The property is currently owned by a joint venture of TMG Partners and A...
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• Terranomics to Handle Leasing at Westgate Center in San Jose
11/15/13
Federal Realty Investment Trust has awarded the marketing assignment of Westgate Center in San Jose to Terranomics Real Estate Services. Westgate Center is a 645k sf retail center located at Hamilton and Saratoga Ave in a str...
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• San Francisco Office Lease Brings More TechSpace to the Region
11/14/13
TechSpace Holding Co has leased 25k sf at the Grant & Geary Center Building in San Francisco, taking the 5th and 6th floors of the property, at 77 Geary, for its seventh TechSpace business center. The facility will feature 29...
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• Jay Paul Company Underway with 54-Story Transbay Terminal Office/Res Tower in San Francisco
11/13/13
Jay Paul Company is underway with construction at 181 Fremont, a world-class residential and office tower in San Francisco’s Transbay Transit Center complex neighborhood within the city’s
South of Market (SOMA) district.
18...
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• Jamestown Signs Two at Creative Office Building in San Francisco
11/12/13
Two fast growing innovation companies have signed leases for creative office space at 799 Market, an eight-story, 142.9k sf building at the corner of Market and Fourth streets in San Francisco. The companies, Prism Skylabs an...
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• Fenwick & West Renews 150k sf in Mountain View
11/12/13
Fenwick & West, one of the leading law firms in Silicon Valley, has signed a 15-year lease renewal at 400 Castro St in Mountain View. The firm is the sole office tenant at the six-story, 150k sf building, located west of Hw...
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