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• AEW Acquires 126k sf Silicon Valley Office / R&D Property
7/24/12
AEW Capital Management acquired a two-building, 126.2k sf office / R&D asset located at 3000 and 3030 Orchard Pkwy in San Jose on behalf of one of its institutional clients. The property was sold by DivcoWest, a privately own...
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• Fully Leased Silicon Valley Retail Center Offered for Sale
7/23/12
Dollinger Properties has listed Charleston Plaza, a 132.6k sf community retail center in the Silicon Valley city of Mountain View. The tenant mix includes a number of national retailers, such as Bed Bath & Beyond, Best Buy, ...
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• The Mills Building is the New Gold Standard for Historic Properties in San Francisco
7/20/12
The Mills Building, a 22-story office building located at 220 Montgomery St in San Francisco’s Financial District, has received LEED Gold certification. Sacramento-based Leading Edge Consulting Services advised The Swig Comp...
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• Bay Area Retail Leasing Update
7/19/12
NoCal-based retail brokerage firm Terranomics has been involved in many Northern California retail transactions, including the following Bay Area leasing activity in Petaluma, Palo Alto and Dublin.
In Petaluma, Regency Cent...
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• TMG Partners and Alcion Ventures Close Third Joint Acquisition
7/18/12
TMG Partners and real estate investor Alcion Ventures LP have teamed up in the purchase of a 111k sf property in North San Jose. The property, located at 3055 Orchard Dr, south of Montague Expwy and west of 1st St, was sold b...
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• $100 Mil San Francisco Office Buy Sounds Good to Dolby Laboratories
7/16/12
Dolby Laboratories Inc closed on a big San Francisco office acquisition, paying $109.8 mil for 1275 Market Street, a 16-story, 354k sf office tower strategically located in San Francisco’s booming Mid-Market technology neighb...
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• Bixby Land Completes Renovation of 165k sf Silicon Valley Office Campus
7/11/12
Bixby Land Company has completed a $5 mil renovation of River Oaks, a 164.6k sf office campus located on River Oaks Pkwy, in the heart of Silicon Valley’s Golden Triangle. The newly redesigned office campus targets the increa...
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• MG Properties Completes Two Multifamily Buys Worth $58 Mil
7/11/12
San Diego-based MG Properties Group (MGPG) recently closed on the acquisitions of two CA multifamily properties, one in Temecula and the other in Daly City. The assets contain a total of 416 units and sold for a combined pri...
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• Santa Rosa Multifamily Asset Sells for $15 Mil
7/10/12
Oak Creek Apartments, a 100-unit apartment complex in Santa Rosa, recently sold for $15 mil ($150k/unit). Built in 1988, the 79.3k sf complex is located at 174 South Boas Dr in Santa Rosa’s Rincon Valley neighborhood.
...
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• LiveOps to Take Place in 42k sf of Redwood Shores Office Space
7/09/12
LiveOps, Inc has agreed to a new lease for 42k sf of space in Redwood Shores for the firm’s global corporate headquarters. LiveOps, a leader in cloud contact center and customer service solutions, will relocate all of its cur...
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• East Bay Ind Facility Fetches $83/sf
7/05/12
Coastal Tropical purchased a 60k sf warehouse facility in Union City from Golden Apple for $5 mil ($83/sf). The property is located at 2975 Volpey Way, north of Whipple Rd and west of I-880.
The concrete tilt-up b...
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• Ridge Capital Picks Up 290 Acres in West Sacramento
6/26/12
Ridge Capital Inc purchased +290 developable acres in Southport Business Park in West Sacramento for the future sales of entitled development sites and build-to-suit projects. Terms of the deal were not disclosed.
Southport ...
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• CBRE Group Arranges Financing on Kentfield, CA Memory Care Facility
6/26/12
CBRE Group, through its direct HUD FHA lender, CBRE HMF Inc, has arranged the refinancing of WindChime of Marin, a private pay memory care facility located in Kentfield, CA. The loan was funded through HUD’s Section 232/223(...
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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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