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• Walnut Creek Apartment Asset Sells for $153k/Unit
4/28/09
An 18-unit apartment complex in the East Bay city of Walnut Creek traded hands in an investment deal priced at $2.75 mil ($152.8k/unit). The property, La Casa Del Rio, is located at 1376 Creekside Dr, north of Rudgear Rd betw...
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• Union Bank Opens New East Bay Location for the Pleasant Hill of It
4/27/09
Union Bank opened a new branch location in the East Bay community of Pleasant Hill after inking a long-term lease for a 4.9k sf freestanding building situated within the Pleasant Hill shopping center, on Contra Costa Blvd. Th...
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• Terranomics Knows the Way to San Jose
4/21/09
Here are a couple of retail deal briefs from San Jose that you might be interested in. In one transaction, Robinson Oil Company purchased a 0.46-acre property at 1069 Saratoga Ave in west San Jose from McDonald’s Corporation ...
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• Darim Vision Grabs First Building at Master-Planned Tri-Valley Development
4/15/09
A freestanding, 3.6k sf Tuscan-style office building in NoCal’s Tri-Valley was acquired by Darim Vision Corporation in a deal valued at around $1.21 mil, or $337/sf. Located at 3110 Constitution Dr, just north of the 580 Fwy ...
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• GVA Kidder Mathews Launches Sustainability Practice
4/13/09
GVA Kidder Mathews, the regional brokerage firm active in much of the northwest, has launched a sustainability practice and has merged with Bluegreen Consulting. The practice will be focused on consulting for responsible dev...
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• NoCal Multifamily Deal Briefs
4/10/09
BURLINGAME (San Mateo County) -- Pacific Investments and Holding Company, LLC paid about $4.49 mil for the Royal Grove Apartments, an 18-unit ($249k/unit) complex at 1477 Grove Ave. The property mix consists of all large one ...
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• South Bay Development Comes Up With Finesse Solutions for Leasing San Jose Facility
4/09/09
In this report we’ll cover four recent NoCal industrial leases, two in Brisbane and the others in San Jose and Salinas. In Brisbane, Room & Board Inc, manufacturers of affordable furniture, inked a long-term lease for a frees...
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• NoCal Activity Update
4/08/09
CONCORD (Contra Costa County) – A 14.2k sf office building at 1040 Oak Grove Rd was purchased by La Clinica de la Raza Inc, a community health clinic that provides health care to the uninsured and underserved, for $2.25 mil (...
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• Cornish & Carey Promotes Belquist, Gabrielson and Rodgers
4/01/09
NoCal regional brokerage firm Cornish & Carey Commercial/ONCOR International (C&C) has promoted three of the company’s top pros to the position of Executive Vice President. The C&C Board of Directors has recognized CFO Jay B...
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• NoCal Retail Briefs
3/31/09
PETALUMA (Sonoma County) -- Rosen’s Bakery inked a lease to occupy 3.4k sf and Everest Indian Restaurant signed a deal for 1.1k sf at Basin Street’s Golden Eagle Shopping Center, a nearly 70k sf retail development located in ...
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• Macy’s Renews Its Union City Distribution Facility
3/30/09
Macy’s Department Stores agreed to a renewal deal for a 257.5k sf warehouse facility in Union City. The building, located at 1200 Whipple Rd, east of I-880 at Central Ave, is owned by AMB Property Corporation. Macy’s has been...
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• Hines and Berrueta Move Over to GVA Kidder Mathews
3/23/09
GVA Kidder Mathews has added two established commercial real estate brokers to its growing life science practice in Redwood Shores. Mary Hines and Jennifer Berrueta, previously with CresaPartners, will continue to collaborat...
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• 30-Unit Fremont Apartment Fetches Nearly $5 Mil
3/18/09
A 30-unit luxury apartment complex in Fremont was acquired for $4.8 mil ($160k/unit). The property is located at 35955 Fremont Blvd, east of I-880 in the East Bay city of Fremont. Michael Henshaw of CB Richard Ellis and Micha...
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• Activity Update from Oakland City Center
3/13/09
Here’s an update on the latest leasing activity at Oakland City Center, Shorenstein Realty Services’ mixed-use business campus that encompasses more than 1.5 msf of office space, along with 18 restaurants and food outlets, mo...
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• Engineering Firms Take East Bay Office Space
3/11/09
V&A Engineering signed a 10-year lease for 8.4k sf of office space at 155 Grand Ave, south of I-580 and east of I-980 in Oakland, for its corporate headquarters. The value of the lease was not disclosed.
V&A Engineering, w...
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• NAI BT Commercial Shows Why They’re a LEED-ing Company in the Bay Area
3/06/09
NAI BT Commercial's San Francisco office was selected as a Green Building of America Award-winning project and will be featured in the upcoming special Real Estate & Construction Review-Northwest Green Success Stories edition...
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• Here’s Your Chance for a Union Square Deal on a San Francisco Retail Property
3/05/09
Even in these changing economic times it’s still tough to find a more desirable retail location than San Francisco’s Union Square. So, when we learned of this investment opportunity in the area, we thought you might also want...
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• NAI BT Commercial to Participate in Commercial Property PowerSale
3/03/09
NoCal-based NAI BT Commercial has elected to participate in Commercial Property PowerSale™, an Accelerated Marketing Program created by NAI Global, the international real estate services network, to help property owners and f...
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• Hayward Scores with New Indoor Soccer Stadium
2/27/09
In news of a more unique Bay Area development about to wrap up, Futsal Republic will open the first futsal (five-a-side indoor soccer) stadium in Hayward and the first on the I-880 corridor. The 18k sf project is located at 2...
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• East Bay Multifamily Comps
2/26/09
Looking for East Bay apartment comps? We’ve got five recent deals to share with you, all of which were brokered, at least in part, by regional brokerage firm NAI BT Commercial. We’ll start in Oakland, where investors paid $1....
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