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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...
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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...
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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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• Oakland City Center Building is Shorenstein’s Second to Be LEED Gold Certified
1/25/10
1111 Broadway in Oakland City Center is the second building in Shorenstein’s commercial real estate portfolio to be LEED Gold certified through the U.S. Green Building Council's Existing Building Operations and Maintenance (L...
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• Bridgelux Remains in Bay Area with 120k sf Livermore Lease
1/22/10
Bridgelux closed out 2009 by signing a seven-year lease for 120k sf of Livermore industrial space in a relocation form Sunnyvale. The building is located at 101 Portola Ave, east of Collier Canyon Rd and north of I-580. This ...
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• San Francisco Office Building Sells for $24 Mil
1/21/10
In a recent San Francisco office buy, a 126.1k sf Class A building at 49 Stevenson St sold for $24.2 mil, or about $192/sf. The buyer, Taiwan-based Pacific Resources Stevenson, purchased the property in an all-cash transactio...
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• Petaluma Office/Warehouse Property Hits the Market for $12.4 Mil
1/20/10
Investors on the lookout for a possible NoCal commercial acquisition in the $10 mil price range may want to check out 715 Southpoint Blvd, a two-building, 85.5k sf office and warehouse asset in Petaluma. It is listed for $12....
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• CPS CORFAC and Cassidy Turley BT Commercial to Form Cassidy Turley CPS
1/19/10
In the latest brokerage services news out of the Bay Area, CPS CORFAC International has reached an agreement in principle to join forces with Cassidy Turley BT Commercial to form Cassidy Turley CPS. In the Bay Area, Cassidy T...
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• CIM Group Acquires 372k sf San Francisco Office Building
1/14/10
LA-based CIM Group has acquired an 18-story, 371.8k sf Class A office building in San Francisco’s South Financial District. The property, 211 Main Street, is located at the corner of Main and Howard streets, and includes a 50...
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• San Jose Retail Center Fetches $52 Mil
1/12/10
An affiliate of AEW Capital Management has acquired Stevens Creek Central Shopping Center, a 196k sf community shopping center in San Jose, for $52 mil ($265/sf). The institutional-quality property is located on Stevens Creek...
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• Latest SOMA Office Lease is a Tweet Deal
1/06/10
Twitter Inc, the popular social networking website, is doubling the size of its corporate headquarters in San Francisco with its second major expansion in just two months. In this latest transaction, the company signed a $3....
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• Former Mervyn’s Western Distribution Facility Sells
1/05/10
The 365.8k sf former home of Mervyn’s western distribution hub in the East Bay has been acquired by Global Investors Team Inc. The building sits on 31.57 acres at 48200 Fremont Blvd, just west of the I-880 in the city of Frem...
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• Offerpal Inks Renewal/Expansion Deal at Fremont Biz Campus
12/31/09
In recent East Bay leasing activity, Offerpal Inc, a media provider of virtual currency monetization for online games, virtual worlds and social networks, took 23.9k sf of office and industrial space in Mission Falls Business...
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• Changing Market Conditions Predicted to Push Up Prices of Condos Under $729k
12/29/09
While current forecasts about the direction of the real estate market vary tremendously, one Bay Area real estate pro predicts increased demand and limited supply will trigger price movement in at least one sector of the real...
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• Perquest Takes 37k sf at Dublin Corporate Center
12/28/09
In a notable Bay Area office lease, Perquest Inc signed a seven-year deal for 37.5k sf at 4160 Dublin Blvd, west of Tassajara Blvd and north of I-580 within Dublin Corporate Center in Dublin. Perquest, which is taking occupa...
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• Basin Street Grows Its NoCal Portfolio with 116k sf Buy
12/22/09
Basin Street Properties has acquired Petaluma Marina Business Center in a joint venture partnership with Marina Office Park Associates (“MOPA”). The Class A property is comprised of three office buildings totaling approximat...
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• NoCal Deal Briefs
12/21/09
SAN FRANCISCO (San Francisco County) -- A private investor acquired a 14.3k sf mixed-use property in San Francisco’s Mission District for $3.15 mil (220/sf). The property is located at 1007-1017 Valencia St and 3285-3287 21st...
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• Basin Street Continues to Sign Deals at its NoCal Properties
12/17/09
Basin Street Properties ended the year with a flurry of leasing activity. The company has signed six new tenants at several of its NoCal locations. The firms -- John Schloetter & Company, Keller Williams Realty, James B. Oli...
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• Jeff Congdon Joins GVA Kidder Mathews
12/16/09
San Francisco commercial real estate expert and 37-year veteran, Jeff Congdon, has joined GVA Kidder Mathews as an Executive Vice President in the firm’s downtown San Francisco office focusing on institutional real estate inv...
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