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• Silicon Valley Lease is an Ex’pression of Confidence in the Market
6/25/12
Ex’pression College for Digital Arts leased an entire 64.9k sf R&D/office building at the Ridder Park Technology Center in North San Jose. Ex’pression is a private for-profit college which offers bachelor degree programs for ...
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• Oakland Mixed-Use Building Trades in $7.5 Mil Deal
6/21/12
A 92k sf mixed-use (office over retail) building in downtown Oakland sold for $7.5 mil ($81.50/sf). The building, located at 1500 Broadway, was purchased by Hamilton Zanze & Co roughly six months after title had been taken ba...
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• Jordan Moss Joins CBRE’s Multi-Housing Group
6/21/12
Jordan Moss has joined the CBRE Multi-Housing Group as a First Vice President, partnering with Senior Vice President William Huberty. Moss comes over from Jones Lang LaSalle (JLL), where he directed the firm’s Northern Califo...
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• Santa Clara Multifamily Community Receives $74 Mil in Supplemental Financing
6/21/12
Interland Corporation obtained $74.4 mil in supplemental financing for Bella Vista Apartments, a 634-unit, Class A residential apartment community located in Santa Clara. Walker & Dunlop LLC provided the financing, which was ...
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• Nestle, KB Homes and Tiburon Inc the Newest Additions at Bishop Ranch
6/20/12
Nestle´, KB Homes and Tiburon Inc are the latest companies to sign leases at Bishop Ranch, the 585-acre mixed-use, business community in San Ramon. Other recent activity at Bishop Ranch has included the signing of ten new sma...
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• Essex Property Trust to Develop 463-Unit Res Project in San Francisco’s SOMA District
6/19/12
Essex Property Trust purchased a San Francisco residential development opportunity to build 463 apartments on two parcels at Folsom and 5th Streets in the city’s SOMA Distict. The seller was Avant Housing LLC, a real estate d...
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• Owner/User Pays $7 Mil for East Bay Warehouse Property
6/18/12
A 108k sf warehouse property in Hayward recently traded hands at a price said to be more than $7 mil ($65/sf). The property, located at 31056 Genstar Rd, north of Whipple Rd and east of I-880, was purchased by Win Woo Trading...
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• ULTA Beauty and Total Woman Gym & Day Spa the Latest Signings at Alameda South Shore Center
6/18/12
Two new tenants have inked long-term leases at Alameda South Shore Center, a 594k sf, open-air shopping center in the East Bay city of Alameda. With these latest signings, with ULTA Beauty and Total Woman Gym & Day Spa, Alame...
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• Meacham/Oppenheimer Inc Joins CORFAC International as Silicon Valley Affiliate
6/15/12
Meacham/Oppenheimer Inc has joined CORFAC International (Corporate Facility Advisors) as the new affiliate in Silicon Valley. The firm is being rebranded as Meacham/Oppenheimer CORFAC International.
2012 CORFAC President Dou...
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• Affiliate of Crescent Heights Group Acquires San Francisco High-Rise Dev Site
6/14/12
Howard/First Property LLC, an affiliate of Miami-based Crescent Heights Group of Properties, acquired the high-rise residential development site at 524 Howard St. Located directly adjacent to the future Transbay Transit Cent...
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• Tourism and Tech Jobs Drive Retail Sales in San Francisco
6/14/12
A booming tech industry and the return of tourists is expected to strengthen the San Francisco retail sector this year, according to the latest research from national real estate services firm Marcus & Millichap. The metros’ ...
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• Kennedy Wilson Spends $86 Mil on NoCal Apartment Community
6/11/12
Kennedy Wilson and its investment partners closed on the $86.5 mil acquisition of Waterford, a 544-unit multifamily community in the East Bay city of Hayward. The property was purchased with $68.1 mil in financing from Freddi...
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• Premier Business Centers to Open New Location in San Francisco’s Financial District
6/08/12
National executive suites operator Premier Business Centers has inked a lease for a new executive office suite location in the heart of San Francisco’s Financial District. The new center, set to open in July of 2012, is compr...
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• $25 Mil Silicon Valley Lease Part of Infoblox’ Building Blocks for the Future
6/07/12
“We set out nine months ago to redesign the project for a user such as Infoblox that required a collaborative, highly efficient, highly amenitized work environment,” said Bill Halford, president and CEO of Bixby Land Company....
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• Hudson Pacific Wraps Up $90 Mil San Francisco Office Buy
6/07/12
Hudson Pacific Properties Inc recently closed on a significant San Francisco office acquisition. The LA-based firm paid $90 mil for 901 Market St, an historic, 212k sf ($425/sf) office/retail building situated at the border o...
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• Legacy Partners Signs 24/7 Customer to Silicon Valley Expansion/Renewal Deal
6/06/12
24/7 Customer Inc recently signed an expansion/renewal lease for a total of 31.8k sf of space in the Silicon Valley city of Campbell, roughly seven miles southwest of San Jose. The company is bumping up their existing 7.4k sf...
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• Retail Opportunity Investments Corp Reels in a Marlin
6/04/12
Retail Opportunity Investments Corp (ROIC) just acquired Marlin Cove Shopping Center, a 74.6k sf mixed-use property in Foster City, for $17.38 mil ($233/sf). The mostly retail center, located at 1070-1098 Foster City Blvd, a ...
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• Plans Progressing for 43-Acre Office Campus Near San Jose International Airport
6/04/12
Plans are moving forward for North First Campus, a 43-acre, creative, Class A office campus on North First St near the San Jose International Airport. The project, which is fully entitled for up to 2.8 msf of space, is a deve...
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• Russell Ingrum and Sean Sullivan Join, and Re-Join, CBRE in San Francisco
5/31/12
CBRE Group Inc (CBRE) has bolstered its capital markets solutions services to commercial real estate investors in the San Francisco Bay Area and across northern California with a number of recent pro moves. These include:
Ru...
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• Kidder Mathews Adds Seven to Its Bay Area Broker Roster
5/30/12
Kidder Mathews continues to grow its Bay Area commercial real estate group. The firm recently added five brokers to its downtown San Jose office and one each to its San Francisco and Redwood Shores offices, bringing the compa...
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