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• Tellabs Leases 75k sf of Santa Clara Office Space
3/20/11
Tellabs Inc signed a lease for 75k sf of office space at 4555 Great America Parkway in Santa Clara. Tellabs, a mobile technology company, is expanding and consolidating operations from its previous location at 2200 Central Ex...
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• CBRE Capital Markets Arranges $33 Mil on NoCal Multifamily Property
3/17/11
CBRE’s Capital Markets Debt & Equity Finance Group arranged $33 mil in financing for The New Californian Apartments, a 148-unit mid-rise style apartment community in Berkeley. The property is situated approximately five bloc...
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• Bay Area Multifamily Deal Update
3/16/11
REDWOOD CITY (San Mateo County) -- A seven-unit apartment complex West of the El Camino in Redwood City sold for $1.435 mil ($205k/unit). The property, Regent Manor, is located just off Woodside Rd at 1567 Regent St. The buil...
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• Rental Increases on the Way for the San Francisco Peninsula Office Market
3/14/11
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 Franci...
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• Bay Area Leasing Review
3/09/11
NORTH SAN JOSE (Santa Clara County) – Samsung Semiconductor agreed to a sublease for a 50.9k sf building located at 3000 Orchard Pkwy from SAP, the sublessor in the deal. Samsung is subletting the two-story space in the initi...
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• Sierra Pacific Properties Signs Two at Concord Gateway II
3/07/11
In recent NoCal office leasing activity, Sierra Pacific Properties signed two lease transactions totaling 30.7k sf at Concord Gateway II, located at 1855 Gateway Blvd in Concord.
In the first transaction, SecuriMetrics Inc...
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• Thomas Bracken Joins Johnson Capital
3/04/11
Thomas Bracken has joined Johnson Capital as Senior Vice President in the firm’s San Francisco office. In this new role, Bracken will be originating debt and equity financings throughout the Bay Area and other West Coast loca...
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• George Smith Partners Arranges $20 Mil on NoCal Retail Center
3/04/11
George Smith Partners (GSP) has arranged $19.7 mil in refi money on Citrus Marketplace, a 101k sf grocery-anchored retail center in Walnut Creek. Tenants at the center include Nob Hill Foods, BevMo!, Bank of America, The Uni...
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• Newmark Arranges $38 Mil on San Jose Apartment Complex
3/03/11
Newmark Realty Capital arranged financing in the amount of $38 mil on the Fruitdale Station apartment complex, a 246-unit, Class A apartment community in San Jose. Located at 1590 Southwest Expwy, just north of the intersect...
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• Cornish & Carey Commercial Newmark Knight Frank Triples Portfolio in Just Over a Year
3/03/11
Cornish & Carey Commercial Newmark Knight Frank’s property management service line, C&C RiverRock Newmark, has more than tripled its managed property portfolio in just over a year of doing business and now manages a portfolio...
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• NoCal Sales Review
3/01/11
Menlo Park-based Peninsula Land & Capital LLC paid $8.55 mil for a 23.6k sf ($362/sf) Class A office building located at 800 California St in Mountain View. 800 California Street is a prominent three-story multi-tenant buildi...
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• Related California Opens New Office in San Francisco
2/18/11
Related California has just opened a new Northern California office, located in the heart of the Financial District in San Francisco. The developer of multifamily and mixed-use properties has hired veteran real estate executi...
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• Kennedy Wilson / DRA Advisors Venture Closes on $68 Mil NoCal Apt Buy
2/17/11
Kennedy Wilson, along with an affiliate of DRA Advisors and with Kennedy Wilson Property Fund III, has acquired Enclave at Adobe Creek, a 492-unit community in the Sonoma County city of Petaluma. Kennedy Wilson also joined fo...
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• Single-Tenant Palo Alto Property Fetches $568/sf
2/16/11
A 4.4k sf, single-tenant retail building in Palo Alto was purchased by a limited liability investment firm for $2.5 mil ($568/sf). The building, located at 420 Ramona St, between El Camino Real and the 101 Fwy, is currently o...
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• Silicon Valley: Market Optimism Found in Cyclical Trends
2/10/11
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:
As the center ...
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• American Realty Advisors Buys 125k sf Bay Area Retail Center
2/07/11
The Shops at Waterford, a 125.7k sf neighborhood retail center in the NoCal city of Dublin, was acquired by an investment entity managed by American Realty Advisors. It was sold by Loja Real Estate LLC, who bought the proper...
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• Walker & Dunlop Provides Funding for Two NoCal Multifamily Refi Deals
2/07/11
Walker & Dunlop LLC provided funding for two recent NoCal multifamily financing transactions, one in Campbell and the other in Santa Rosa. Each deal was for roughly $10 mil.
In Campbell, Walker & Dunlop provided a $10.2 mil ...
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• Hunter Closes Two More Restaurants at Its @First Project
2/04/11
Hunter Storm Properties inked two new restaurant lease transactions at their @First mixed-use project in North San Jose. In these latest deals, Chick-fil-A and Panera Bread took space at the recent development.
Chick-fil-A p...
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• Silicon Valley Office Market on the Mend
2/03/11
An overview of the Silicon Valley office market for 2010 shows solid leasing volume and declining vacancy throughout the year, according to the Silicon Valley Studley Report, which provides an analysis of office market condit...
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• Redlands Multifamily Community Sells for Over $11.5 Mil
2/02/11
Sequoia Equities, a Walnut Creek-based real estate investment firm, has purchased Cypress Villas, an 82-unit multifamily property in the Inland Empire city of Redlands, for $11.625 mil, or about $142k/unit. The deal came in a...
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