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• Edward Suharski Receives Top Honors for 2007 from Grubb & Ellis
4/03/08
National real estate services firm Grubb & Ellis Company has named Edward Suharski, a Senior Vice President out of the firm’s San Francisco office, as the company’s No. 1 producer and top investment professional for 2007. Su...
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• Legacy Picks Up 500k sf Walnut Creek Office Asset
4/01/08
Legacy Partners seems to have developed an affinity for Bay Area office properties, as the company recently closed on yet another large buy in the region. In their latest purchase, the Foster City-based company acquired Ygnac...
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• Notable NoCal Financings
3/28/08
In a Sacramento-area financing deal, Wrightwood Capital provided $10.86 mil in refi money for the construction and lease-up of North Sunrise Professional Center, a 41k sf medical/office building in Roseville. Located at 568 N...
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• Renovated Union Square Building Offers Unique Presence for One Retailer
3/26/08
A historic 24k sf retail property in San Francisco’s Union Square is being marketed for lease, offering one major high-end retailer with an opportunity for a truly bold footprint in one of the world’s most desirable tourist l...
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• Barker Pacific Awarded Rebate from PG&E for Energy Efficiency
3/25/08
Barker Pacific Group (BPG) received a rebate check of $185,821 from Pacific Gas & Electric as an incentive for incorporating energy efficiency measures at Hamilton Landing in the recent transformation and repositioning of fiv...
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• 2008 Should be Another Good Year for San Francisco Office Market
3/24/08
The San Francisco office market is enjoying a strong resurgence that is expected to continue through 2008, according to the most recent research from investment brokerage firm Marcus & Millichap. Per the company’s 2008 Nation...
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• San Bruno Res Project Secures $116 Mil in Construction Financing
3/17/08
In a positive sign for builders of large residential projects, at least in Northern California, a joint venture of SNK Realty and MacFarlane Partners just locked up $116.4 mil in financing from Corus Bank for construction of ...
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• Latest Reno Buy not the Last Harrah for Basin Street
3/14/08
The former Harrah’s corporate headquarters property in downtown Reno was just acquired by Basin Street Properties, a Petaluma-based real estate firm that had also previously acquired adjacent hotel parcels as part of an ongoi...
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• New Monterey Bay Upscale Hotel Nearing Completion
3/13/08
Visitors to the Monterey Bay will soon have a new top-tier choice for upscale accommodations, as a newly constructed InterContinental hotel is scheduled to open in May 2008. The hotel, to be called the InterContinental The C...
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• NoCal Deal Notes
3/11/08
WOODLAND (Sacramento County) – A 154k sf former Spreckles Sugar plant was acquired by Clark Precast LLC, which intends to operate a new precast-concrete plant on the site. Located on 246 acres in the city of Woodland, about 1...
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• Bay Area Apartment Sales
3/07/08
HAYWARD (Alameda County) -- San Leandro-based Ancheta Associates has purchased the O’Neil Garden Apartments, a 32-unit complex located at 24545 O’Neil Ave, for $3.55 mil ($110.9k/unit). The property consists of 15 two-bedroom...
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• San Ramon’s First Office Condos Available for Purchase
3/06/08
The East Bay city of San Ramon recently enjoyed a new first – the city’s first office condos for sale. The units were developed by the Deerwood Corporation, which just converted a 73k sf, three-story garden-style office build...
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• Westcore Closes $26 Mil Sausalito Buy
3/04/08
An eleven-building mixed-use portfolio in Sausalito, totaling 134.8k sf, was acquired by San Diego-based Westcore Properties in a $26.1 mil ($194/sf) transaction. The assets, which include a mix of office, restaurant, industr...
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• CBRE Arranges $65 Mil for Cupertino Land Buy
2/29/08
In notable Bay Area financing news, CB Richard Ellis arranged the placement of $65 mil in equity and debt funding on behalf of the Sand Hill Property Company for the acquisition of 17.5 acres in Cupertino. Sand Hill acquired...
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• SoCal Investor Makes a Hill of a Retail Buy in SF
2/27/08
A SoCal investor picked up a notable asset in San Francisco’s Potrero Hill area, having purchased the 40.5k sf Potrero Hill Whole Foods Market property located at 450 Rhode Island, at the corner of 17th St. The property, whic...
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• NoCal Retail News
2/26/08
Safeway, the national grocery store chain, purchased two San Francisco retail buildings that the company already occupies with its grocery stores. One of the acquisitions was a 38.6k sf freestanding building at 850 La Playa, ...
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• New Urban Buys Three Old Urban Buildings in San Francisco
2/25/08
New Urban is a San Francisco-based real estate firm specializing in historic properties throughout San Francisco. Founded by Owens in 1998, the company has adhered to its motto “Classic Buildings. Modern Use” to amass a disti...
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• NoCal Deal Notes
2/22/08
FREMONT (Alameda County) – D.R. Stephens & company paid $14 mil for a two-property portfolio consisting of concrete, tilt-up R&D buildings at 48502 Kato Rd and 48507 Milmont Dr. The single-story buildings are located in the W...
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• Fidelity Orders Fry's with Its Portfolio
2/21/08
A 104.2k sf free-standing retail property in the Bay Area city of Concord was acquired by Fidelity, a NJ-based institutional real estate trust, for $16.48 mil ($158/sf). The property, which is located at 1695 Willow Pass Rd, ...
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• County Takes 140k sf Chunk of Contra Costa Office Space Off Market
2/20/08
In one of the largest office leases in the North 680 Corridor in some time, the County of Contra Costa agreed to a 20-year deal for the entire 140k sf Ellinwood Corporate Center, a three-building campus at 300, 400 and 500 El...
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