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• Grubb & Ellis Marketing Two Historic Oakland Office Properties
12/01/11
Members of Grubb & Ellis’ Office Group in the Bay Area have been selected to market for sale 2001 Broadway and 274 14th St, two historic office buildings in Oakland totaling 74.2k sf of space.
2001 Broadway was constructe...
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• University of the Pacific Spends $47 Mil on SOMA Office Building
11/23/11
University of the Pacific closed on a big San Francisco office buy, having paid $47 mil for a seven-story, 395k sf ($119/sf) building located at 155 Fifth St. The building was previously leased to Wells Fargo Bank, which vac...
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• Citicorp Renews 122k sf San Francisco HQ Space
11/22/11
In a large San Francisco office deal, global financial services firm Citigroup has agreed to an 11-1/2-year renewal lease for 121.8k sf of space at One Sansome Street, in the city’s Financial District. The space, spread over...
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• New Affordable Housing Project Breaks Ground in Mountain View
11/21/11
Franklin Street Family Apartments, a new affordable income housing development in Mountain View, is set to break ground. The project, being developed by ROEM Corporation, in partnership with the City of Mountain View, was des...
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• Bay Area Activity Update
11/21/11
SAN FRANCISCO (San Francisco County) --Young Broadcasting LLC, looking to operate its KRON-TV station from a new state-of-the-art digital facility, has retained commercial real estate company Grubb & Ellis to find the new ve...
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• New Construction Firm Expects to Level the Playing Field
11/18/11
A new commercial construction company, Level 10 Construction, has just gotten off the ground. Based out of Sunnyvale, the company will focus on delivering high quality construction throughout all of California.
Level 10’s ...
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• County of Marin Purchases 315k sf San Rafael Office Building
11/17/11
The County of Marin has purchased 1600 Los Gamos Drive, a 315k sf office building at Marin Commons in San Rafael owned by CIGNA Real Estate. The County paid $29.5 mil ($94/sf) for the building, which it intends to use for its...
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• $28 Mil in Financing Gives Cornerstone Something to Tweet About
11/16/11
CBRE’s Capital Markets Debt & Equity Finance division has arranged $28 mil in financing for an office building located at 795 Folsom in San Francisco’s South of Market District. 795 Folsom, the current Twitter headquarters, i...
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• DCT Wraps Up $35 Mil Bay Area Industrial Purchase
11/15/11
DCT Industrial Trust closed on a large Bay Area industrial buy, having paid $35 mil for a 255k sf ($137/sf) warehouse facility in Burlingame. The property was purchased through an umbrella partnership real estate investment t...
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• New 120k sf Office Lease Adds Some Zazzle to the Bay Area’s Peninsula Region
11/14/11
Zazzle Inc has agreed to a new lease of 119.7k sf of Class A office space at the Pacific Shores Center in Redwood City. Zazzle, a leading online platform for the sale of custom shirts and gift products, signed a long-term lea...
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• NoCal Activity Review
11/11/11
MILPITAS (Santa Clara County) -- A 67.8k sf property located at 765 Sycamore Dr, located in the prestigious Oak Creek submarket of Milpitas, was purchased by e2v aerospace and defense inc (A&D). It was sold by D.R. Stephens &...
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• Kaiser Center Awarded LEED Gold Certification
11/10/11
Kaiser Center, a 28-story office building located at 300 Lakeside Dr in Oakland, has earned LEED Gold certification for an Existing Building: Operations and Maintenance. The building is owned and managed by The Swig Company....
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• 3rd Quarter Overview of San Francisco Office Market from CBRE
11/10/11
By CBRE Research
The data and comments in this report were provided to us by CBRE San Francisco Bay Area Research as part of an ongoing column by the leading real estate services firm exclusive for Rentv.com:
The San Franc...
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• Mountain Bay Plaza Becomes an Energy Star
11/06/11
Mountain Bay Plaza, a 12-story office building located in Mountain View, has received Energy Star certification. The 165.4k sf, Class "A" office building, located in the heart of Silicon Valley, is owned by The Swig Company....
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• Westcore Picks Up 346k sf NoCal Office Complex
11/04/11
Westcore Properties has purchased Concord Corporate Centre, a two-building Class A office campus totaling 346.7k sf of space. The property is located at 1320 and 1390 Willow Pass Rd, just north of the confluence of I-680 and ...
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• OmniCell Preleases Spec NoCal Facility
10/31/11
Omnicell has signed a prelease agreement for a planned 99.9k sf, Class A office/R&D building in Mountain View. The building is being developed by Four Corners Properties, which had planned to construct the project on a specul...
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• Here’s Your Chance to Buy The “Holy City”
10/28/11
LOS GATOS (Santa Clara County) -- Private real estate investor Earl Pelligrini has selected Dave Haugh, senior vice president, and James Viso, associate, both of the Industrial Group at Grubb & Ellis, to market for sale 142 ...
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• New 46-Acre Continuing Care Community in Pleasanton Gets Underway
10/27/11
Continuing Life Communities (CLC) just broke ground on Stoneridge Creek, a 46-acre continuing care retirement community to be built in the East Bay city of Pleasanton. The project, located at 2200 Stoneridge Creek Way, off St...
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• San Francisco and Peninsula Office Markets See Continued Positive Trends
10/26/11
Here’s a brief overview of the San Francisco and San Francisco Peninsula office markets during the third quarter of 2011, provided to us by Grubb & Ellis Company.
San Francisco
• Vacancy in San Francisco’s office market was...
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• Here’s a Synopsis of a Big 340k sf Silicon Valley Lease Signing
10/25/11
Synopsis Inc has agreed to a long‐term lease of a new Class A office campus at 690 E. Middlefield Rd in Mountain View. The project, located at the intersection of Hwy 237 and Middlefield Rd, is currently entitled for a ...
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