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• John Dolby Joins Grubb & Ellis
8/25/10
John A. Dolby has joined Grubb & Ellis as Senior Vice President, Office Group, where he will primarily focus on the Oakland, Emeryville, Berkeley and Hayward markets.
Dolby’s addition extends Grubb & Ellis’ ongoing recruit...
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• Supergen Renews HQ Space at Dublin Corporate Center
8/24/10
Supergen Inc, a developer of cancer therapies, agreed to a 30k sf lease renewal at Dublin Corporate Center in a deal that will keep the pharmaceutical company’s headquarters at the office campus through the end of 2015. The p...
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• Gagnon Joins CresaPartners
8/23/10
Jeff Gagnon was named to head CresaPartners’ Strategic Services Group in the Bay Area. Based in San Francisco, the group also serves the San Jose and Palo Alto offices of CresaPartners, one of the nation’s largest corporate ...
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• The Tides Rolls into Jackson Square Properties’ Portfolio
8/19/10
The Tides Apartments, a 200-unit multifamily property in the west Contra Costa city of Richmond, recently traded hands in a NoCal investment buy. Built in 2004, The Tides contains 178.9k sf and is located at 3185 Garrity Way,...
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• Tishman Speyer Recapitalizes Dublin Corporate Center
8/17/10
Tishman Speyer has recapitalized its Dublin Corporate Center office campus by buying back all of the property’s debt at a discount and committing new capital that will be used to fund future capital expenditures and leasing c...
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• San Francisco Site Receives Re-Zone Approval for Res Development
8/16/10
Here’s a sign that the residential development market may be starting to perk up a bit, at least in more desirable, in-fill markets. In San Francisco’s Ocean View neighborhood, Birch Tree Properties LLC formally received appr...
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• @First Gets Wise with Five Guys Burgers & Fries
8/12/10
Hunter Storm Properties recently locked up two new retail lease transactions at it brand new office, retail and hotel development project known as @First. The development is located at the southeast corner of North First St a...
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• San Mateo Seniors Apartment Community Sells for $19 Mil
8/12/10
FountainGlen at The Villa, a 135-unit mixed-use senior apartment and retail community in San Mateo, recently sold for $18.75 mil. Located at 4000 South El Camino Real, south of Hillsdale Blvd on the west side of the 101 Fwy, ...
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• Insurance Company Signs Santa Rosa Office Lease
8/11/10
In a recent NoCal office lease, Prosight Specialty Insurance inked a five-year deal for 15.4k sf of space at Fountaingrove Executive Center in Santa Rosa. The company’s move to the area, in addition to its recent acquisition ...
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• Silicon Valley R&D Tenants Moving into Office Space
8/10/10
The data and comments in this report were provided to us by CBRE San Francisco Bay Area Research as part of a series of updates on the Bay Area that the global real estate services firm is authoring for RENTV:
Traditionally,...
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• Dominion Negotiates Loan Modification and Restructuring on NoCal Retail Center
8/10/10
LA-based Dominion America Realty Advisors (“DARA”) recently transacted a loan modification and restructuring of the financing on a major Northern California retail shopping mall. DARA’s Vice President, Loren Thall, negotiate...
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• Newmark Knight Frank and Cornish & Carey Merging NoCal Operations
8/09/10
In the latest real estate services consolidation move, Newmark Knight Frank and West Coast regional brokerage firm Cornish & Carey Commercial are merging their NoCal operations. The deal—effective September 7, 2010—is the lat...
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• CB Richard Ellis Goes With a Partner in Its $360 Mil NoCal Office Buy
8/06/10
In a follow-up to a major NoCal office buy we first reported in early June, Partner Engineering and Science Inc provided the Phase I Environmental Site Assessments (ESAs) for CB Richard Ellis Strategic Partners U.S. Value 5, ...
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• Grubb & Ellis Builds Up NoCal Retail Services with Bricks & Mortar Team
8/05/10
The principals of Brick & Mortar Commercial and their two associates have joined Grubb & Ellis to help the commercial brokerage firm grow its retail services in San Francisco, Marin County and the San Francisco Peninsula. Th...
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• NoCal Apartment Community Lands $17.7 Mil in Refi Money
8/04/10
Walker & Dunlop provided a $17.66 in refi money on Crossbrook Apartments, a 226-unit garden-style apartment community in Rohnert Park. Built in 1986, the property is located at 655 Enterprise Dr, just off Hwy 101 in Sonoma Co...
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• Highridge Partners Closes $42 Mil NoCal Office Buy
7/30/10
El Segundo-based Highridge Partners wrapped up a significant NoCal office buy, having paid $42 mil for 255 California, a 173.7k sf Class A building in San Francisco’s North Financial District. The building was purchased from ...
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• Investor Spends $16 Mil on Two-Building Bay Area Portfolio
7/29/10
A two-building Bay Area portfolio was purchased by a private investor, Rona Real Estate LLC, for roughly $16 mil. The acquisition consists of a 62.3k sf mixed-use building in San Francisco’s historic Jackson Square and a 34.4...
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• Silicon Valley Activity Update
7/27/10
PALO ALTO – Skype signed a long-term lease for a 90.7k sf facility located at 3210 Porter Dr. The company, a software company that allows the public to make free video and voice calls, send instant messages and share files wi...
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• Silicon Valley Office Vacancy Rate Remains Flat During 2nd Qtr 2010
7/23/10
Here’s a brief overview of the San Jose office and industrial markets for the second quarter of 2010, provided to us by national real estate services firm Grubb & Ellis.
OFFICE
• The Silicon Valley office market vacancy ra...
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• Rates for San Francisco View Space on the Rise
7/21/10
The latest data from global real estate services firm CB Richard Ellis shows that rates for high-end office space in San Francisco have jumped significantly as the economy has started to pick up. As CBRE Senior Vice President...
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