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• NAI BT Team Completes Seven Single-Tenant Property Sales Over last Three Weeks of September
10/13/09
Bob Sanner and Rick Sanner of NAI BT’s Leased Investment Group based in the firm’s San Francisco office have closed seven commercial property sales situated around the country in the last 20 days of September. All properties ...
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• Struggling Tech Sector Expected to Drag Down Retail Spending in San Jose Market
10/12/09
As technology sector woes continue to drag on employment in the San Jose metro this year, declining disposable incomes and a subsequent shift in consumer spending patterns will lead to contracting retailer demand, according t...
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• Lowe’s Acquires Vallejo Site for New Store
10/09/09
Lowe's, the national home improvement store chain, acquired a 12-acre former auto dealership in Vallejo for development of a new retail store. Lowe’s plans to tear down the existing structure on the property, located at 401 A...
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• Tribeca Companies Promotes Two
10/07/09
In two recent pro move announcements from Tribeca Companies, a San Francisco-based private equity real estate investment firm, Bradley P. Griggs was named to the firm’s Investment Committee board, while Jarrett Shawber was na...
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• Barker Pacific Acquires 168k sf NoCal Office/Retail Asset
10/05/09
In a sizable Marin County investment buy, LA-based Barker Pacific Group (BPG) acquired Rowland Plaza, a 168k sf office and retail property located just north of Vintage Oaks Shopping Center in Novato. The property was purchas...
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• San Francisco Office Building Awarded LEED Silver Certification
10/01/09
500 Terry Francois, a six-story, 291k sf Class A office building in San Francisco, has been awarded the LEED Silver Certification for Core & Shell from the United States Green Building Council (USGBC). 500 Terry Francois is o...
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• CM Realty Transformed into CM Commercial Real Estate
9/30/09
We thought we’d update you on this company name change we just learned about. As of September 10, 2009 CM Commercial Real Estate, Inc, is the new name of CM Realty, Inc, the boutique commercial real estate advisory firm that ...
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• Fremont R&D Campus Sells after 4 Years on the Market
9/29/09
Asilomar Partners, a local Silicon Valley investor, purchased a three-building, 195k sf R&D campus located at 49000 Milmont Dr, just east of I-880 and south of Scott Creek Rd in Fremont. The property, which had been listed fo...
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• $80 Mil Waterford Sale Helps Crystallize NoCal Apartment Market
9/25/09
Behringer Harvard Multifamily REIT I acquired Waterford Place Apartment Homes, a 390-unit, 351k sf luxury apartment community in Dublin, in one of the largest NoCal multifamily sales of the year. The asset was sold by Shea Pr...
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• San Francisco’s South Financial District Remains Popular with Office Tenants
9/23/09
Here’s a look at three recent office lease comps in San Francisco’s South Financial district. All three deals were brokered, at least in part, by NAI BT Commercial, the regional real estate services firm active throughout the...
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• CA Businesses Have a Partner in Obtaining SBA Financing
9/21/09
Partner Energy, an LA-based provider of energy consulting services, has acted as advisor to two California companies in obtaining a total of approximately $7 mil in SBA financing on separate real estate projects in Southern a...
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• Conkin Joins NAI BT Commercial
9/21/09
Patrick Conkin has joined NAI BT Commercial as Senior Vice President with the firm’s Multi-Family Group. Conkin will be based in the firm’s Palo Alto office.
Conkin has over 22 years experience as a commercial real estate b...
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• Unique San Francisco Residential Project Gets the Union Label
9/17/09
Union, a unique 86-unit residential project developed by Palisades in San Francisco, just made its new homes available for sale in the past week. Located at Mission and Potrero in the heart of the city’s Mission district, Uni...
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• NoCal Retail Briefs
9/15/09
SAN JOSE (Santa Clara County) – Seecon Partners paid $4.66 mil for Orchid Plaza, an 11.7k sf ($399/sf) retail center located at 804-820 South Winchester Blvd in West San Jose. The property is located across from Century 24 Th...
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• City of Fremont Acquires Shopping Center within Redeveloping CBD
9/14/09
In an interesting NoCal retail buy, the City of Fremont acquired Town Fair Shopping Center, a 22k sf retail center in Fremont. Town Fair is situated one-half block south of Mowry Ave and Fremont Blvd in the new Downtown area ...
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• New Walnut Creek Live/Work Project Nearing Completion
9/11/09
Work is nearing completion on 555YVR, downtown Walnut Creek’s first live-work-shop-play residences. 555YVR is a modern, environmentally-friendly, transit-oriented development featuring 87 spacious one-bedroom/one-bedroom plus...
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• Newmark Arranges Financing for Trio of Bay Area Properties
9/10/09
Newmark Realty Capital’s Terri Slocombe has put together financing on a few interesting Bay Area deals of late, in Burlingame, Milpitas and Fremont. We’ll start in Burlingame, where Newmark arranged permanent financing of $2....
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• NoCal Biz Campus Trades Hands
9/09/09
Wicks Business Park, a 143.4k sf industrial business park in San Leandro, traded hands in a recent NoCal sale. Located at 15000-15099 Wicks Blvd, midway between I-680 and San Francisco Bay, the property includes four single-s...
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• We Chronicle Webcor’s Recent San Francisco Ground Lease
9/01/09
In recent leasing activity in San Francisco, Webcor Builders inked a ground lease for the former Chronicle newspaper printing facility on 7.93 acres at 1901 Cesar Chavez Street, midway between the 101 and 280 freeways. The t...
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• Morgan Thomas Joins GVA Kidder Mathews
8/31/09
Morgan Thomas, an apartment investment property specialist, has joined GVA Kidder Mathews as the company looks to expand its Bay Area service lines. Thomas is the first apartment specialist to join the San Francisco group, a...
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