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• Carmichael, Caldeway and Anvary Named Partners at Cassidy Turley BT Commercial
10/21/10
Three NoCal brokerage pros have been named as Partners at Cassidy Turley BT Commercial. Sharon Carmichael, a broker based in the firm’s Burlingame office and a member of its retail division Terranomics; Rhonda Diaz Caldewey, ...
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• Newmark Nabs $4 Mil For Nob Hill Apartment Building
10/20/10
Newmark Realty Capital, Inc. arranged financing in the amount of $4,000,000 for a 53-unit, seven-story Art Deco apartment building located at 640 Mason Street, in the Nob Hill neighborhood of San Francisco. Built in 1932, the...
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• Macy’s.com Takes Additional 38k sf at San Francisco Office Property
10/20/10
Macys.com, the online division of national department store chain Macy’s, inked an expansion lease for an additional two floors, totaling 37.7k sf of office space, at the historic Monadnock building in downtown San Francisco....
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• Equity Residential Purchases Berkeley Mixed-Use Property
10/19/10
Equity Residential has acquired Renaissance Villas, a mixed-use property containing 34 apartments and 2.2k sf of retail space in Berkeley. The property was sold by a private partnership for $7 mil.
Originally constructed in...
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• TeraRecon Renews 30k sf Office Space in Foster City
10/15/10
TeraRecon has signed a new five-year lease for 30.1k sf of space at Bayside Towers in Foster City. The two-building office complex is located at 4000 and 4100 East 3rd Ave, a few blocks from the western end of the San Mateo B...
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• TMG Partners and Rockwood Capital Acquire Former SBC HQ Property in San Francisco
10/13/10
TMG Partners, one of the San Francisco Bay Area’s largest mixed-use property developers, and Rockwood Capital have teamed up in the acquisition of the two San Francisco buildings known as 680 Folsom St and 50 Hawthorne St Th...
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• Hudson Pacific Closes $35 Mil Office Purchase in San Francisco
10/12/10
Hudson Pacific Properties has just wrapped up another significant office buy, this latest purchase in San Francisco, where the SoCal-based firm paid $34.9 mil for 222 Kearny St, a 144.4k sf ($242/sf) property in the city’s No...
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• Pleasanton Office Property Sells for $9.6 Mil
10/07/10
Las Positas Office Plaza, a two-building, 105k sf office complex in Pleasanton, sold for $9.6 mil ($91/sf). The Class A property was acquired out of foreclosure by Embarcadero Capital Partners.
Built in 1986, Las Positas ...
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• Eric Doyle Named Executive Managing Director at Newmark Knight Frank Cornish & Carey
10/05/10
Erik Doyle has been named Executive Managing Director of the Newmark Knight Frank Cornish & Carey Commercial Capital Group and will oversee all western United States institutional investment sales for the company. In his new ...
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• TMG Partners Inks Major San Francisco Office Lease
9/30/10
Zynga, the rapidly growing online social gaming company, has signed off on a large San Francisco office lease, inking a seven-year expansion/relocation deal for 270k sf of space at Townshend Center. The 650k sf property is ow...
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• Moss Named Managing Partner of Cassidy Turley BT Commercial’s SF Office
9/24/10
Greg Moss has been named Managing Partner of Cassidy Turley BT Commercial’s San Francisco office. In his new role, Moss will oversee the overall management and operations of Cassidy Turley BT Commercial’s San Francisco office...
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• Robert Slatt Promoted to Principal at Newmark Realty Capital
9/23/10
Robert Slatt has been promoted to Principal at Newmark Realty Capital, where he had been a Vice President in Loan Production based in the company’s San Francisco office since 2007.
Slatt is currently Chairman of the upcomin...
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• Cornish & Carey Commercial Newmark Knight Frank Has a Handle on Bay Area Leasing Activity
9/23/10
Cornish & Carey Commercial Newmark Knight Frank is one of the most active commercial real estate services firm in the Bay Area. To give you a better idea of some of the deals they handle, here is a review of three recent lea...
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• Life Science Continues to Drive Leasing on the Peninsula
9/22/10
In their latest special Bay Area market update report for RENTV, global real estate services firm CB Richard Ellis takes a look at recent activity trends throughout the San Francisco Peninsula. The data and comments in this ...
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• Grubb & Ellis to Handle Leasing at Lake Merritt Tower
9/21/10
Brandywine Realty Trust has awarded the leasing assignment for Lake Merritt Tower in Oakland to Grubb & Ellis. The 201k sf office building is located at 155 Grand Ave, east of I-980 and south of I-580.
Built in 1990 near the...
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• Napa Apartment Community Fetches $91k/Unit
9/16/10
Here’s the scoop on a sizable Napa multifamily buy, as a San Francisco-based private investor paid $14.8 mil for Napa Garden Apartments, a 162-unit ($91.4k/unit) complex located at 2513 Laurel St, on the west side of Hwy 29 b...
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• Richard Bland and Raul Alcaraz Join Grubb & Ellis
9/15/10
Richard P. Bland and Raul Alcaraz have joined Grubb & Ellis’ Investment Group as Senior Vice President and Associate, respectively. Bland and Alcaraz join from CB Richard Ellis and will be part of the company’s Private Capit...
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• Industrial Income Trust Spends $60 Mil on Two East Bay Biz Parks
9/14/10
Industrial Income Trust has purchased two NoCal industrial properties totaling 721.5k sf of space -- Pinole Point Business Park in Richmond and Bayside Business Park in Fremont. The properties were sold by Sares Regis Group o...
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• BRE Collects $24.6 Mil from Inland Empire Apt Sale
9/09/10
By Allen Wolfsheimer
For BRE, proceeds of this sale helped the company move forward with a new SoCal acquisition of its own, paying $166 mil for Aqua Marina del Rey, a 500-unit community in the upscale, West Los Angeles area...
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• Tellabs Inks Big Silicon Valley Expansion Deal
9/09/10
In one of Silicon Valley’s largest office expansion transactions this year, Tellabs inked a deal for 77.1k sf of space at 4555 Great America Pkwy, north of the 101 Fwy and east of Lawrence Expwy in Santa Clara. Tellabs new sp...
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