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November 10, 2024
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BAY AREA NEWS
Archive
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• Webroot Software Feels More Secure After Signing New San Mateo Lease for 47k sf
3/31/10
Webroot Software has agreed to a new lease for 47k sf of office space in San Mateo, in a deal that will relocate the security software firm from Mountain View. The company’s new space is within the Crossroads office complex, ...
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• East Bay Multifamily Briefs
3/24/10
WALNUT CREEK (Alameda County) – Satellite Housing acquired a 19.6k sf land parcel at 2618 Baldwin Lane for $895k ($45/sf). The acquisition represents the third of four pieces to be assembled by Satellite Housing in partnersh...
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• Southwest Community Health Center Acquires Bay Area Office Building
3/23/10
Southwest Community Health Center purchased Fountaingrove Executive Center, a 42.5k sf Class A office building in Santa Rosa for $6.4 mil ($151/sf). The two-story building is located at 3569 Round Barn Circle, north of Founta...
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•  Investor Picks Up 45k sf NoCal Tech Building
3/19/10
A 44.8k sf Bay Area R&D/flex tech building traded hands in a recent transaction that required only two and a half weeks to close. The property, located at 1561 Buckeye Dr, south of Tasman Dr and west of I-880 in Milpitas, wa...
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• Michael F. Smith Named Executive Managing Director at CB Richard Ellis
3/17/10
Michael F. Smith was promoted to Executive Managing Director (EMD) of CB Richard Ellis’ San Francisco/Bay Area Region. In addition, he has been appointed to CBRE's Americas Operations Management Board (AOMB), an internal exe...
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• Elliott Laboratories Inks Deals for 56k sf of Silicon Valley Space
3/16/10
Elliott Laboratories, a National Technical Systems Inc (NTS) company, just signed off on expansion/renewal leases totaling 56.4k sf at two industrial properties in northeast Silicon Valley. In the first transaction, Elliott ...
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• Burlingame Office Complex is Virgin Territory for Equity Office
3/15/10
Virgin America’s corporate HQ expansion deal was one of three recent lease transactions at Bay Park Plaza, a two-building office complex located at 555 and 577 Airport Blvd in Burlingame. The other deals were with MacCorkle I...
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• Cornish & Carey Boosts NoCal Presence
3/12/10
Regional real estate services firm Cornish & Carey Commercial/ONCOR International (C&C) is expanding within the Bay Area and has opened two new offices in the region, one Larkspur and the other in Santa Rosa. C&C already main...
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• NoCal Activity Update
3/02/10
SAN FRANCISCO (San Francisco County) -- Grubb & Ellis Company was awarded the property management assignment for 49 Stevenson St, a 126.1k sf, Class A office building located in the heart of San Francisco’s financial district...
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• Prometheus Locks Up 75k sf of Signings at Walnut Creek Office Property
2/24/10
Prometheus Real Estate Group Inc recently executed more than 75k sf of lease transactions at Civic Executive Center in Walnut Creek. Located at 201 North Civic Dr, east of I-680 and north of Ignacio Valley Rd, the building is...
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• Oakland Scrap Metal Recycler to Recycle 100k sf Hayward Facility
2/23/10
Aaron Metals Company, an Oakland-based scrap metal recycler, purchased a 100.4k sf industrial facility at 25101 Clawiter Rd, west of I-880 and just north of Hwy 92 in Hayward. Aaron, a scrap metal dealer specializing in non-f...
Price: $3.99
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• Investors Pick Up Bay Area Multifamily Assets
2/22/10
In a recent multifamily investment buy from San Mateo, an eight-unit apartment building sold for $1.66 mil, or $206.9k/unit. The two-story building, which was 100% occupied at time of sale, is located at 3235 Glendora Dr, sou...
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• Accuray Leases 113k sf of Silicon Valley R&D Space
2/18/10
Accuray, a cutting-edge medical device company, recently inked a lease for 113.6k sf of in two R&D buildings within LaSalle’s Caribbean Corporate Center in Sunnyvale. The buildings are located at 1310 & 1320 Chesapeake Terrac...
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• Cautious Optimism for Silicon Valley
2/17/10
Trends2010, Colliers International’s 11th annual commercial real estate forecast, provided outlooks on Silicon Valley’s commercial real estate market, commercial banking, and the economic and political landscape. Speakers inc...
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• Santa Clara County Picks Up Former San Jose Medical Center Property
2/16/10
The former San Jose Medical Center property in downtown San Jose recently traded hands in a $24 mil transaction. The property covers 13.4 acres at 725 East Santa Clara St, a short distance west of the confluence of the I-280 ...
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• Historic Marin County Site Trades Hands
2/10/10
Virtu investments purchased the historic 865-acre Borello Ranch property from the Judith Borello Trust. Situated adjacent to Tomales Bay and the Marin Headlands National Park, the ranch sale was the largest land transaction ...
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• NoCal Deal Briefs
2/09/10
HAYWARD (Alameda County) – Friant & Associates has subleased 115k sf of warehouse space at 31281 Wiegman Rd. The tenant plans to use the space for the expansion of their warehouse and distribution of high end commercial offic...
Price: $3.99
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• Cornish & Carey Adds Premier Multi-Family Team
2/05/10
Premier Apartment Advisors’ brokerage team of Richard Knutson, John Leyvas, Jay Cross, Stephen Pagones, Mike Pagones and Anthony Pappageorge has joined Cornish & Carey/ONCOR International, significantly boosting the NoCal fir...
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• Retailer’s Bay Area Expansion Plans are on Target
2/01/10
Target Corporation has been on the move in the Bay Area, having recently acquired 10 acres of land in San Jose in addition to a 117.8k sf retail building in Oakland as part of the discount retailer’s plans for two new store o...
Price: $3.99
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• Motoyoshi Joins Colliers International as Senior Vice President
1/27/10
Todd Motoyoshi joined the San Francisco office of Colliers International as a Senior Vice President of the firm’s Occupier Services Group (OSG), which includes Senior Vice Presidents, Carter Beim, LEED AP, Jay Sternberg, and ...
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