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• Basin Street Signs Three More at Its Redwood Business Center
7/10/09
Petaluma-based Basin Street Properties has landed three new tenants at its Redwood Business Center office/retail complex. Berkley Risk Administrators Company/Riverport Insurance Company, Progressive Casualty Insurance Compan...
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• Recent NoCal Retail Comps
7/09/09
PETALUMA (Sonoma County) – A Likely Story – a children’s bookstore – inked a long-term lease for 2.1k sf of retail space at 149 C St, in Petaluma’s Theater District. The newly revitalized Petaluma Theatre District is a 7-bloc...
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• San Francisco Industrial Market Expected to Weaken Slightly
7/08/09
While San Francisco's limited supply threats should help to minimize weakness compared with the tech bust earlier in the decade, ongoing economic contraction will underpin a downturn in industrial fundamentals in 2009, accord...
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• PODS Takes Over Hayward Warehouse Facility
6/29/09
In a recent East Bay industrial deal, PODS agreed to a five-year lease for a 118.8k sf warehouse facility at 21001 Cabot, west of I-880 and north of the 92 Fwy, a few blocks southwest of the Hayward Executive Airport. The lea...
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• NoCal Activity Update
6/18/09
SAN LEANDRO (Alameda County) – Nan Fang Distribution paid $3.275 mil for a three-building, 59.5k sf ($55/sf) industrial property located at 2100 Williams St. The property, which also includes a large side yard area and covers...
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• NorthMarq Arranges Moonlite Rendezvous in Santa Clara
6/15/09
Jeffrey Weidell of NorthMarq Capital’s San Francisco office arranged an $11.087 mil first mortgage for Moonlite Shopping Center, located at the southeast corner of Kiely and El Camino Real in Santa Clara. Major tenants at the...
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• NAI BT Commercial Launches Property Management Division
6/08/09
NoCal regional real estate services firm NAI BT Commercial has just launched a new property management arm, NAI BT Management Services, which provides property and facilities management, lease administration, asset management...
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• NoCal Retail Briefs
6/04/09
ROHNERT PARK (Sonoma County) – Driven Raceway, an indoor go-kart racing and entertainment facility, inked a lease for 36.3k sf of retail space at the Wal-Mart Plaza Shopping Center, located on Redwood Dr. Driven Raceway has r...
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• Colliers International Recognizes Three Top Producers
6/01/09
Three Colliers International agents from the Silicon Valley office in San Jose were recognized by their Colliers peers for their successes in 2008. The honors were announced at the national meeting for Colliers Retail Service...
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• Pittsburg Seniors Apartment Property Sells for $98k/Unit
5/29/09
An 88-unit age-restricted and market-rate apartment community in the NoCal city of Pittsburg was just acquired by a private partnership in an $8.65 mil ($98.3k/unit) transaction. The property, Creekside Village Senior Apartme...
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• NoCal Notice of Defaults and Notice of Trustee Sales Decline in April ‘09
5/28/09
Notice of Defaults and Notice of Trustee Sales in NoCal decreased six percent from March 2009 to April 2009, according to the latest data from Default Research. The hardest hit counties, which are measured by households in f...
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• NoCal Deal Update
5/26/09
EMERYVILLE (Alameda County) – Hollis Street LLC paid $17 mil for a 55k sf ($309/sf), single-story office building located at 5650 Hollis St. The single-tenant property was fully leased to Bayer Pharmaceuticals, which utilizes...
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• Eli Ceryak Attains LEED Accredited Professional Certification
5/22/09
Eli Ceryak, a Vice President in NAI BT Commercial’s San Francisco office, has attained the Leadership in Energy and Environmental Design (LEED) Accredited Professional (AP) certification for New Construction (NC). LEED for Ne...
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• GVA Kidder Mathews Recruits Three More NoCal Brokerage Pros
5/20/09
Over the past week GVA Kidder Mathews has recruited four commercial real estate brokers to its downtown San Francisco office in the Financial District. A week or so ago, as previously reported on RENTV, Dan Cronan, former Ma...
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• Mark One Arranges $9 Mil for San Jose Mobile Home Community
5/19/09
Mark One Capital has arranged $9 mil in acquisition money for Mobile Manor, a 22-acre mobile home community in San Jose. Marshall De Wolfe, a senior director in the firm's Palo Alto office, arranged the financing package for ...
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• 95-Room Silicon Valley Hotel Offered for Sale
5/18/09
The Campbell Inn, a 95-room motel in the city of Campbell has come on the market with an asking price of $10.8 mil, or $113.7k/room. The average daily rate is $102. Located on 4.23 acres at 675 East Campbell Ave, the property...
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• 72-Bed Hayward Skilled Nursing Facility Sells for $3.5 Mil
5/15/09
A 74k sf, 72-bed skilled nursing facility in the East Bay city of Hayward was acquired by Mariner Health Care (GranCare Inc) for $3.5 mil ($48.6k/bed). The property sits on four acres of land at 1768 B St, south of I-80 and e...
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• Investor Pays $3.4 Mil for Hollister Manufacturing Building
5/14/09
A 76k sf single-tenant manufacturing building in the NoCal town of Hollister traded hands in a recent $3.4 mil sale ($45/sf). The property is fully leased to Philip Services Corporation and is located on 7.4 acres at 1802 She...
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• Dan Cronan to Lead GVA Kidder Mathews San Francisco Office
5/13/09
NoCal commercial real estate veteran Dan Cronan was recruited by GVA Kidder Mathews to head up its downtown San Francisco office. Cronan was the Managing Director for Pacific Union/GMAC Commercial’s office in San Francisco, ...
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• Raintree Partners Closes $38 Mil Silicon Valley Multifamily Buy
5/05/09
Raintree Partners, a Laguna Niguel-based real estate investment company, has completed its first multifamily acquisition. The firm acquired Trellis Square Apartment Homes in Sunnyvale, a 204-unit luxury apartment community s...
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