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• Wrightwood Capital Provides $18 Mil for San Jose Office Buy
10/01/08
With the current credit environment making financing some deals more challenging, we thought you might like to know about a recent San Jose office acquisition that was financed by $18.325 mil from Wrightwood Capital. The prop...
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• NoCal Activity Review
9/29/08
UNION CITY (Alameda County) – Precision Manufacturing LLC purchased a 52.9k sf industrial building on 2.96 acres at 33233 Central Ave for $3.86 mil ($73/sf). The buyer has occupied the entire property prior to exercising its ...
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• Wayne Mascia to Merge with GVA Kidder Mathews
9/23/08
In the latest consolidation announcement within the real estate brokerage industry, Wayne Mascia Associates, based out of Silicon Valley, is merging with Seattle-based GVA Kidder Mathews (GVAKM), with the new entity to be for...
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• Bay Area Activity Review
9/22/08
SOUTH SAN FRANCISCO (San Mateo County) – First DataBank inked a long-term lease for 34.9k sf of Class A office space at 701 Gateway Blvd, a six-story, 170.2k sf building located in South San Francisco’s life science and techn...
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• NoCal Office Project to Become “Bay Friendly”
9/18/08
When completed in December of this year, the sustainable landscape renovation taking place at Drakes Landing will make it one of the first commercial properties in Marin County to embark on such an extensive and meaningful pr...
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• Telirite Acquires 13k sf East Bay Light Industrial Facility
9/16/08
A 12.6k sf shell building, the largest structure at Fremont Tech Center, was acquired by Telirite Technical Services Inc, a provider of manufacturing services to the high tech industry. The 136.7k sf Fremont Tech Center was d...
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• Walnut Creek to Get State-of-the-Art Medical Office Building
9/12/08
Walnut Creek Medical Plaza, a 56k sf state-of-the-art medical office building being developed by Union Property Capital, is scheduled for completion during the fourth quarter of 2008. The facility, which will be the first maj...
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• NoCal Activity Review
9/09/08
UNION CITY (Alameda County) -- Welcome Market Inc, dba 99 Ranch Market, closed on an owner/user purchase of a 222.9k sf warehouse building at 2931 Faber St, within the Alvarado Business Park, off I-880 at Whipple Rd. The free...
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• Halcrow Inc Leads Latest Activity at Oakland City Center
9/05/08
Here’s an update on the latest leasing activity at Oakland City Center, the 3.5 msf office campus in downtown Oakland owned by San Francisco-based Shorenstein Properties LLC. With these recent deals, the campus now stands at ...
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• Trio of Bay Area Retail Properties Trade in Deals Worth $16 Mil
9/04/08
Three unanchored strip shopping centers in the San Francisco Bay Area changed hands in a 30-day period during the months of July and August in transactions with a combined value of $16.05 mil. The centers were Southland Landi...
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• Bay Area Activity Review
8/26/08
SAN FRANCISCO (San Francisco County) -- BRM Bakersfield LLC, a San Francisco-based private investment group, purchased a 24.7k sf office complex for $13.5 mil ($547/sf). The four-building property, which is located at 410-440...
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• Bay Area Store Space Still in Demand by Retailers
8/19/08
Catch up on some of the latest Bay Area retail lease comps courtesy of Terranomics Retail Services, which was involved in brokering these transactions. These latest deals took place in Alameda, Gilroy, San Carlos, Corte Mader...
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• Essex Spends $22 Mil on Santa Cruz Apartment Property
8/18/08
A 96-unit multi-family community in the seaside NoCal city of Santa Cruz sold for $22.05 mil ($220.5k/unit). The property, Chestnut Street Apartments, also has four commercial units.
Located at 143 Chestnut St and 525 Laurel...
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• Industrial Deal Comps from Petaluma
8/15/08
This report will provide you with an update on two recent industrial deals from Petaluma, a NoCal town situated just off of the 101 Fwy in Sonoma County, roughly 40 miles north of San Francisco. One of the transactions was a ...
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• Huntington Hotel Group Picks Up 3.5-acre Campbell Site
8/14/08
A 3.5-acre site in the NoCal city of Campbell was acquired by Irving, TX-based Huntington Hotel Group for the development of a new 162-room Courtyard by Marriott hotel. The parcel, located at 655 Creekside Way, was sold by Sa...
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• Bay Area Deal Review
8/12/08
SOUTH SAN JOSE (Santa Clara County) – Great Oaks Water LLC paid $5.75 mil for a two-story, 51.5k sf ($112/sf) office building located at 20 Great Oaks Blvd. The multi-tenant building was 80% leased at the time of the sale and...
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• Metzler Pays $62 Mil for Silicon Valley Office Property
8/11/08
Mountain View Courtyards, a 170.8k sf Silicon Valley office project, fetched $366/sf in a recent transaction in the city of Mountain View. The property, located at 1200-1390 Villa St, at the corner with Shoreline Blvd, was pu...
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• Milpitas R&D Building Hits the Market
8/08/08
A 77.2k sf R&D facility in Silicon Valley has just been put on the market by a local family trust. The asset, currently occupied by Seagate Technology, includes a 66k sf clean room. It is located at 195 South Milpitas Blvd, s...
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• San Francisco Becoming More Industrious
8/07/08
San Francisco’s industrial market is showing signs of improvement in 2008, aided by ongoing local economic strength and subdued development activity, according to the Midyear 2008 National Industrial Report by investment brok...
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• Hutch is Clutch in Sale of Car Washes
8/06/08
ProWash Consulting, a national car wash consulting company that also operates car washes, has acquired Hutch’s Car Wash and Quick Lube, a portfolio of four family-owned NoCal properties, which includes three car washes and a ...
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