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Vallejo Apartment Community Trades for $54 Mil 1/06/09 A San Francisco-based private investment group recently paid $54.4 mil for Blue Rock Village, a 560-unit ($97.1k/unit) multifamily community in the NoCal city of Vallejo, about 30 miles northeast of San Francisco. Located at ...
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NoCal Retail Deal Review 1/05/09 The retail brokerage specialists at Terranomics tend to be involved in many NoCal lease transactions, on behalf of the retailers and the property owners. In this report we’ll cover half a dozen recent transactions throughout ...
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Boston Properties Secures $375 Mil Refi on Four Embarcadero Center 12/30/08 In a recent NoCal financing transaction, Boston Properties Inc refinanced Four Embarcadero Center, a 45-story, 936.4k sf office tower in the heart of San Francisco’s North Financial District. The eight-year, $375 mil loan, wh...
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Broadway Partners Breathing Easier after Oxigene Deal 12/24/08 Our latest Bay Area deal update features four recent transactions in the region, all of which were brokered, at least on behalf of one of the parties, by NAI BT Commercial, the NoCal real estate services firm that is very act...
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KBS Wraps Up $35 Mil of Holiday Shopping in San Jose 12/23/08 Here’s the scoop on a notable San Jose office purchase that just closed, only a couple of weeks before the year end. In this deal, Newport Beach-based KBS REIT II, a publicly offered, non-traded real estate investment trust, ...
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Colliers International Pros Win Eight Awards at Annual NoCal SIOR Event 12/19/08 Colliers International agents scooped up awards in eight different categories at the 2008 Northern California Society of Industrial and Office Realtors (SIOR) Holiday Luncheon and Annual Awards Ceremony, held December 11th in...
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Overton Moore Heads North in Fremont Property Buy 12/18/08 Overton Moore Properties (OMP), the big SoCal-based owner and developer of business parks, has turned its attention to Northern California with the recent acquisition of a 506k sf industrial property in the East Bay. The buil...
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NorthMarq Arranges $50 Mil in 1st TD Money on 390-Unit Sunnyvale Asset 12/17/08 Looking for financing for NoCal multifamily acquisitions? You might want to check out these three recent deals to get a sense for what kinds of transactions are getting funded. We’ll start in Sunnyvale, where NorthMarq Capita...
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Investor Spends $2.8 Mil on Redwood City Apartment Property 12/16/08 A 24-unit apartment property in Redwood City sold in a recent $2.82 mil ($117.5k/unit) transaction. The property, located at 701 9th Ave, between El Camino Real and the 101 Fwy, is comprised of eight two-bedroom/one-bath unit...
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Iconic San Francisco Building Wins Ferry Nice Award 12/15/08 The Ferry Building is a San Francisco icon that first opened in 1898. Impeccably restored in 2003, it is now a mixed-use building with two floors of office space and a bustling food marketplace and transportation hub on the g...
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Fremont Apartment Property Sells for $21.5 Mil 12/12/08 A 151-unit multifamily property in Fremont was acquired by a Santa Clara investment entity for $21.55 mil, or roughly $142.7k/unit. The property, Carrington Apartments, is located at 4875 Mowry Ave, east of the I-880. Origina...
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NAI BT Commercial Expands in the East Bay 12/11/08 Regional brokerage firm NAI BT Commercial is expanding its network in the East Bay with the opening of a new office in Pleasanton, representing the company’s 15th NoCal office. The company’s latest space is located at Signatu...
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Mathematica Adds Up to New Office Lease at Oakland City Center 12/10/08 The nationally known research firm of Mathematica Policy Research Inc, the California Automobile Association, Schuff Steel and SoGreen Yogurt are the newest office and retail tenants to sign deals at Oakland City Center, the ...
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Hayward Industrial Market Looking Sweeter with $2.5 Mil M&M 12/09/08 In recent industrial activity from the East Bay, Dreisbach Enterprises Inc agreed to an expansion lease for 36.1k sf of warehouse space at 3151 Regatta Blvd in Richmond. This deal gives Dreisbach more than 200k sf at the roug...
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Symphony Towers Sales Event Was Music to Buyers’ Ears 12/08/08 A recent weekend sales event in San Francisco proves that when it comes to moving residential properties in this slower market, price remains king. The Nov 14-16 sales event was for Symphony Towers, a new high-rise condo proj...
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New Medical Office Building in San Francisco Gets Underway 12/05/08 Construction is currently underway on the new Mount Zion Medical Office Building, a 48k sf, five-story building at 1535 Divisadero St, a block north of Geary Blvd in the Western Addition section of San Francisco. Funded by la...
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Intercontinental Real Estate Closes $68 Mil Silicon Valley Buy 12/04/08 In a sizable NoCal industrial buy, Boston-based Intercontinental Real Estate Corporation acquired a 796.3k sf Silicon Valley property portfolio for $67.9 mil ($85/sf). The acquisition is comprised of three projects containing...
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Major Renovation Brings New Life and New Tenants to Monterey Retail Center 12/03/08 A two-year renovation and remerchandising effort at Del Monte Shopping Center, the largest retail center on California’s Monterey Peninsula, culminated in a grand re-opening celebration last month that showcased the 80k sf of...
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Oakland’s 1111 Broadway Wins BOMA Office Building of the Year Award 12/01/08 1111 Broadway in Oakland City Center has been honored by the Building Owners and Management Association (BOMA) as an Office Building of the Year for 2008. The award recognizes excellence in office building management and oper...
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Colliers Opens New Office in Redwood City 11/26/08 Looking to more efficiently manage its resources in the Bay Area, Colliers International has opened a new office on the San Francisco Peninsula, having leased 6.3k sf of space at 203 Redwood Shores Pkwy in Redwood City. The ...
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