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• Creative Office Building in San Francisco Trades Hands
12/26/12
An 86.2k sf creative office building in the heart of San Francisco’s Jackson Square recently traded hands. The property, located at 747 Front St, is at the prominent corner with Broadway. The price was not disclosed.
Origina...
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• MacFarlane Partners Picks Up Vacant Lot in Downtown San Francisco
12/24/12
MacFarlane Partners has acquired 1125 Market St in San Francisco, the site of the former Embassy Theater, which was razed after it was damaged in the Loma Prieta earthquake. The property, located between 7th and 8th Streets i...
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• Kilroy Continues to Make Big News with More New Deals
12/20/12
By Allen Wolfsheimer
Kilroy Realty Corporation (KRC) is really closing out the year with a bang. In the latest news, the big West LA-based REIT has acquired a fully entitled, 12-acre land site in Sunnyvale, where it will dev...
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• TMG Partners and Alcion Ventures Complete Second South Bay Office Buy in Two Weeks
12/18/12
TMG Partners has been one of the more active investors in the Bay Area of late. In their latest deal, the locally-based owner/developer acquired a two-story, 80.9k sf office building at 3003 Bunker Hill Lane in Santa Clara, i...
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• Westcore Properties Buys Oakland Office High-Rise
12/17/12
San Diego-based Westcore Properties recently closed on a major NoCal office buy, having purchased the 24-story, 520k sf high-rise in downtown Oakland at 1221 Broadway, a block south of International Dr and about six blocks ea...
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• Cassidy Turley Brokers 35 NoCal Multifamily Sales Over Three Months
12/14/12
Between mid-August and mid-November of this year, Cassidy Turley’s Multi-Family Group brokered the sale of more than 35 multi-family properties in Northern California for a collective total of approximately 530 units. The pro...
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• William Warren Group Closes 954-Unit Bay Area Self-Storage Buy
12/13/12
The William Warren Group has purchased Beacon Self Storage, a 954-unit self-storage facility in Oakland. WWG, which owns and operates StorQuest Self Storage throughout California and several Western U.S. markets, purchased t...
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• TMG Partners and Alcion Ventures Purchase 153k sf San Jose Office Property
12/12/12
TMG Partners, in a venture with equity partner Alcion Ventures LP, acquired a four-story, 153k sf Class A office building in San Jose. Located at 2851 Junction Ave, east of 1st St and south of Montague Expwy, the building was...
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• Essex Property Trust Acquires 500-Unit San Jose Multifamily Asset
12/10/12
Essex Property Trust completed a major NoCal multifamily buy, paying $148 mil for Willow Lake Apartment Homes, a 508-unit ($291k/unit) apartment community in San Jose. The property was sold by The Sobrato Organization.
Willo...
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• Jones Lang LaSalle Takes Over Leasing at San Francisco Office Tower
12/07/12
Jones Lang LaSalle has been named the exclusive leasing agent for 555 Mission, a 556.3k sf Class A office tower owned by Hamburg, Germany-based Union Investment Real Estate GmbH. Seattle-headquartered Metzler North America Co...
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• Samsung Semiconductor Leases 51k sf North San Jose Facility
12/04/12
Samsung Semiconductor leased an entire 51.2k sf, single-story R&D building in North San Jose. The building is located at 217 Devcon Dr, within the desirable North First Street Corridor, an area highly regarded as a mecca for ...
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• Berkeley Office/Retail Property Sells for $20 Mil
11/30/12
Hill Street Realty LLC, a Los Angeles-based real estate investment firm, purchased Berkeley Center in the East Bay city of Berkeley from a private family trust for approximately $20 mil. Occupying 1.75 acres on an entire city...
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• South Bay Development Collects $6 Mil in ROHMing Charges
11/29/12
ROHM Semiconductor U.S.A. LLC has purchased a 37.6k sf R&D/office building in Santa Clara from South Bay Development in a deal estimated be worth around $5.9 mil ($157/sf). The single-story building is situated on approximate...
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• LandMark Retail Group Opens Two New CVS/Pharmacy Stores in the Bay Area
11/26/12
LandMark Retail Group recently completed the development of two CVS/Pharmacy stores in the Bay Area cities of San Francisco and Oakland. In one of the projects, Landmark brought a 15.3k sf CVS/Pharmacy to an abandoned storefr...
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• Jones Lang LaSalle Takes Over Leasing Duties at 100 Montgomery in San Francisco
11/21/12
Equity Office has awarded the leasing assignment for 100 Montgomery St in San Francisco to Jones Lang LaSalle’s Steve Anderson, Bryan Ivie and Wes Powell. The 430k sf, LEED Gold-certified office tower is owned and managed by ...
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• Cloud Computing Company Takes 111k sf on Solid Ground in Mission Bay
11/20/12
In a sizable office lease in San Francisco’s Mission Bay area, Meraki Inc signed a 10-year deal for 111.8k sf at 500 Terry Francois, off 3rd St at Pier 48. The cloud networking company, currently located at 660 Alabama St, wi...
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• Medtronics Inks Expansion Deal in Santa Rosa for Total of 127k sf
11/20/12
Medtronics recently inked an expansion/extension lease in Santa Rosa that will give the medical device company a total of 126.6k sf of Class A office space. Medtronics signed a deal to expand into the entire 62.9k sf building...
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• Jamestown Retains CAC Group for Leasing Assignment at 799 Market Street
11/19/12
CAC Group will continue to handle the leasing assignment for 799 Market Street, a 142.9k sf mixed-use property in downtown San Francisco that was just acquired by Jamestown in October of this year. Bill Cumbelich, Daphne Spie...
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• San Francisco City and County Lease 104k sf in City’s Mid-Market Area
11/16/12
The City and County of San Francisco has agreed to a 10-year lease for 104k sf of space at 1155 Market St. The lease accounts for roughly 75% of the building, located in the city’s Mid-Market area.
The space will be used by...
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• Angelo Gordon and City Center Realty Partners Purchase Emeryville Public Market
11/15/12
Angelo Gordon and City Center Realty Partners have acquired Emeryville Public Market, a 270k sf, mixed-use property in the East Bay city of Emeryville. The asset was sold by TMG Partners and Rockwood Capital.
Although the p...
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