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• TMG Named Receiver for Three of Hines’ Emeryville Office Buildings
8/18/09
TMG Partners (TMG) has been named to act as the receiver for NOP Watergate LLC, a Hines Interests-owned property in Emeryville. TMG was recommended by Pacific National Bank and the appointment was made by the Alameda County ...
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• Paolozzi, Pennington and Scott Join Redwood Shores Office of GVA Kidder Mathews
8/17/09
Fabrizio Paolozzi, Bryan Pennington, and Brad Scott, industrial sales and leasing specialists, have joined the Redwood Shores office of GVA Kidder Mathews. GVA Kidder Mathews is one of the largest full-service independent com...
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• City of Ukiah Acquires 15-Acre Site for Future Development
8/14/09
The City of Ukiah Redevelopment Agency has acquired a 15-acre fully entitled site designated for retail and commercial development. The property was purchased from Tallen & Keshen Holdings, which acquired the property in 2007...
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• Bay Area Firms Lock Up San Leandro Industrial Space
8/13/09
In the most recent leasing activity from San Leandro, Ariana Worldwide Logistics agreed to a long-term lease for a 3.4k sf freestanding office building and a 26k sf metal warehouse building on 2.24 acres at 2091 Williams St, ...
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• Sunnyvale Leasing Deals Get Persyn-al
8/10/09
A 43.3k sf R&D building located at 1525-1531 Atteberry Lane in North San Jose traded hands in a $3.5 mil ($81/sf) transaction. The single-story building includes a fully fenced parking/yard area. It was sold by Jane S. Roos e...
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• Rising Vacancies Dragging Down Office Rents in San Francisco and the Peninsula
8/07/09
San Francisco and the Peninsula saw office vacancy rates rise during the second quarter, while demand for space was down, largely due to tenants delaying their real estate decisions until economic conditions improve, accordin...
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• San Leandro Warehouse Trades in an $11 Mil Deal
8/06/09
Here’s the scoop on a notable industrial sale in the East Bay, as Service West purchased a 132k sf warehouse property in San Leandro for $11 mil ($83/sf). The facility, located at 2054-2070 Burroughs Ave, west of I-880 and n...
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• NAI BT Negotiates Pair of Bay Area Multifamily Investment Buys
8/05/09
Here’s an update on a couple of recent Bay Area multifamily sales, one in Mountain View and the other in Redwood City.
We’ll start in Mountain View, in Silicon Valley, where a 12-unit property located at 678-690 Victor Way...
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• Equity’s Latest Peninsula Signing is RightNow
8/03/09
In a recent San Mateo office lease, RightNow Technologies, a developer of customer relationship management (CRM) software, took 13.5k sf of Class A space on the second floor at 999 Baker Way, within Equity Office’s San Mateo ...
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• Owner/Users Pick Up East Bay Industrial Properties
7/30/09
In recent industrial sales activity in the East Bay, Wallace Lee (dba Wigs America) purchased two neighboring buildings totaling 66.6k sf for $5.5 mil ($83/sf). The sale consisted of a 30k sf building located at 27279 Industr...
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• Newmark Realty Capital Arranges Financing on Three Single-Tenant, NNN Retail Properties
7/28/09
Newmark Realty Capital Inc has arranged permanent financing totaling $3.7 mil on three single-tenant, NNN-leased investments located in California and New Mexico. Robert Slatt, a Vice President in Newmark's San Francisco offi...
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• Sares Regis Group and CIGNA Realty Investors Close 231-Unit San Jose Multifamily Buy
7/27/09
In a big NoCal apartment buy, a venture of Sares Regis Group of Northern California L.P. (SRGNC) and CIGNA Realty Investors (CREI) has acquired Bella Villagio Apartments, a 231-unit luxury apartment community located in San J...
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• Two Hayward Warehouse Properties Sell for $5.5 Mil
7/23/09
Two warehouse properties totaling 66.6k sf in the city of Hayward traded hands in a recent $5.5 mil ($83/sf) transaction, said to be the largest owner/user sale in Hayward so far this year. The properties are located at 27317...
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• Trio of Bay Area Multifamily Sales Comps Add Up to $5.5 Mil
7/20/09
We’ve got three recent Bay Area multifamily investment comps to share with you, two in San Mateo County and the other one in Santa Clara County. We’ll start in Campbell, in Santa Clara County, where the 17-unit Angela Court A...
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• Yacoel Properties Spends $13 Mil on Vallejo Retail Center
7/15/09
In a notable NoCal retail sale from a few weeks ago, a 66k sf neighborhood shopping center in Vallejo sold for $12.9 mil ($195/sf). The property, Glen Cove Shopping Center, is situated along I-780 in the city’s Glen Cove are...
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• Basin Street Signs Three More at Its Redwood Business Center
7/10/09
Petaluma-based Basin Street Properties has landed three new tenants at its Redwood Business Center office/retail complex. Berkley Risk Administrators Company/Riverport Insurance Company, Progressive Casualty Insurance Compan...
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• Recent NoCal Retail Comps
7/09/09
PETALUMA (Sonoma County) – A Likely Story – a children’s bookstore – inked a long-term lease for 2.1k sf of retail space at 149 C St, in Petaluma’s Theater District. The newly revitalized Petaluma Theatre District is a 7-bloc...
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• San Francisco Industrial Market Expected to Weaken Slightly
7/08/09
While San Francisco's limited supply threats should help to minimize weakness compared with the tech bust earlier in the decade, ongoing economic contraction will underpin a downturn in industrial fundamentals in 2009, accord...
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• PODS Takes Over Hayward Warehouse Facility
6/29/09
In a recent East Bay industrial deal, PODS agreed to a five-year lease for a 118.8k sf warehouse facility at 21001 Cabot, west of I-880 and north of the 92 Fwy, a few blocks southwest of the Hayward Executive Airport. The lea...
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• NoCal Activity Update
6/18/09
SAN LEANDRO (Alameda County) – Nan Fang Distribution paid $3.275 mil for a three-building, 59.5k sf ($55/sf) industrial property located at 2100 Williams St. The property, which also includes a large side yard area and covers...
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