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Walker & Dunlop Arranges $139 Mil in Financing on NoCal Apartment Community 5/04/10 In a major NoCal financing transaction, Walker & Dunlop originated a $138.94 mil loan on Elan at River Oaks, a 941-unit residential property owned by Shea Apartment Communities. Located at 345 Village Center Dr, north of Mont...
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Shutterfly to Share another Seven Years of Memories at Bayshore Tech Park 5/03/10 Shutterfly renewed and expanded its HQ lease for a total of 100.7k sf of space at Bayshore Tech Park in Redwood City. The popular, Internet-based personal publishing service signed a seven-year deal to fully occupy the two bu...
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Satellite Takes Off in Santana Row 4/27/10 Satellite Healthcare inked a relocation lease for 16.4k sf of office space at Santana Row in San Jose, making them the first office tenant at the newly completed “green” building at the mixed-use development. Their space is a...
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San Francisco Res Tower Lands New Public Art Installation 4/26/10 One Hawthorne, a new 25-story boutique luxury condominium tower in the heart of the city, is now adorned with San Francisco’s newest large-scale public art installation. “Landmark,” is the title of the 16-story (145 ft.) mura...
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HFF Arranges Over $5 Mil in Refi Money on Historic San Francisco Building 4/22/10 HFF (Holliday Fenoglio Fowler, L.P.) secured $5.18 mil in financing for 1000 Sansome St, a 61.7k sf historic office building in San Francisco. 1000 Sansome St is 92% leased to a mix of engineering, technology and other profes...
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Sares Regis Group Lands 450k sf NoCal Office Management Assignment 4/21/10 Sares Regis Group of Northern California (SRGNC) has been selected to manage Marin Commons, a commercial office property situated on 35 acres in San Rafael. The property has two existing buildings containing 456k sf of renta...
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GameStop Opens Store of the Future in Santa Clara 4/20/10 GameStop inked a lease for 4.2k sf of retail space in Santa Clara for its “Store of the Future” concept at Rivermark Village. Gamestop’s Store of the Future is a limited edition, high profile, flagship concept store which wil...
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QuinStreet Relocates to Tower Lane 4/16/10 QuinStreet, a full-service online marketing and technology company that recently went public on NASDAQ, leased a 64k sf Class A office building in Foster City. The company relocated from elsewhere in the Bay Area in a transac...
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43k sf San Mateo Office Property Trades Hands 4/06/10 A 43.4k sf office building in downtown San Mateo was sold by Brookfield Real Estate Opportunity Fund. It was acquired by a local, value-add investor, who plans to renovate the building with new common area upgrades. Addition...
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Bay Area Retail Deal Briefs 4/02/10 WALNUT CREEK (Alameda County) -- 24 Hour Fitness USA Inc leased a 42.3k sf freestanding building located at 2800 Main St. in Walnut Creek. 24 Hour Fitness, which inked a long-term deal, is scheduled to take occupancy in June...
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Webroot Software Feels More Secure After Signing New San Mateo Lease for 47k sf 3/31/10 Webroot Software has agreed to a new lease for 47k sf of office space in San Mateo, in a deal that will relocate the security software firm from Mountain View. The company’s new space is within the Crossroads office complex, ...
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East Bay Multifamily Briefs 3/24/10 WALNUT CREEK (Alameda County) – Satellite Housing acquired a 19.6k sf land parcel at 2618 Baldwin Lane for $895k ($45/sf). The acquisition represents the third of four pieces to be assembled by Satellite Housing in partnersh...
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Southwest Community Health Center Acquires Bay Area Office Building 3/23/10 Southwest Community Health Center purchased Fountaingrove Executive Center, a 42.5k sf Class A office building in Santa Rosa for $6.4 mil ($151/sf). The two-story building is located at 3569 Round Barn Circle, north of Founta...
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Investor Picks Up 45k sf NoCal Tech Building 3/19/10 A 44.8k sf Bay Area R&D/flex tech building traded hands in a recent transaction that required only two and a half weeks to close. The property, located at 1561 Buckeye Dr, south of Tasman Dr and west of I-880 in Milpitas, wa...
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Michael F. Smith Named Executive Managing Director at CB Richard Ellis 3/17/10 Michael F. Smith was promoted to Executive Managing Director (EMD) of CB Richard Ellis’ San Francisco/Bay Area Region. In addition, he has been appointed to CBRE's Americas Operations Management Board (AOMB), an internal exe...
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Elliott Laboratories Inks Deals for 56k sf of Silicon Valley Space 3/16/10 Elliott Laboratories, a National Technical Systems Inc (NTS) company, just signed off on expansion/renewal leases totaling 56.4k sf at two industrial properties in northeast Silicon Valley. In the first transaction, Elliott ...
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Burlingame Office Complex is Virgin Territory for Equity Office 3/15/10 Virgin America’s corporate HQ expansion deal was one of three recent lease transactions at Bay Park Plaza, a two-building office complex located at 555 and 577 Airport Blvd in Burlingame. The other deals were with MacCorkle I...
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Cornish & Carey Boosts NoCal Presence 3/12/10 Regional real estate services firm Cornish & Carey Commercial/ONCOR International (C&C) is expanding within the Bay Area and has opened two new offices in the region, one Larkspur and the other in Santa Rosa. C&C already main...
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NoCal Activity Update 3/02/10 SAN FRANCISCO (San Francisco County) -- Grubb & Ellis Company was awarded the property management assignment for 49 Stevenson St, a 126.1k sf, Class A office building located in the heart of San Francisco’s financial district...
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Prometheus Locks Up 75k sf of Signings at Walnut Creek Office Property 2/24/10 Prometheus Real Estate Group Inc recently executed more than 75k sf of lease transactions at Civic Executive Center in Walnut Creek. Located at 201 North Civic Dr, east of I-680 and north of Ignacio Valley Rd, the building is...
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