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• Hanover and Blake Hunt Undertake New Retail Project in Hayward
1/28/08
In development news originally announced at the end of last year, Hanover Financial Company (Hanover) and Blake Hunt Ventures (BHV) have teamed up in the development of Cinema Plaza, a 53.6k sf retail project to be anchored b...
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• Highland Capital Arranges $14 Mil for New Sonoma County Res Project
1/25/08
A planned 200-unit residential development in Sonoma County is a little closer to reality, after securing $13.78 mil in mezzanine debt, which was arranged by Highland Realty Capital. The project, Windsor Mill, is located on r...
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• NoCal Pro Moves
1/21/08
Todd Shaffer: Cornish & Carey Commercial/ONCOR International (C&C) has appointed C&C’s Senior Vice President Todd Shaffer to manage the Office Brokerage Division in the company’s Santa Clara headquarters office. The position...
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• Sperry Van Ness Leverages National Presence with Fulcrum
1/18/08
National and regional brokerage firms continue to look to new arrangements with local market specialists as a means to quickly expand their network into previously underserved areas. In the most recent example, Irvine-based S...
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• Medical Device Firm Devises East Bay Relocation Deal
1/17/08
In news of a sizable relocation deal in the East Bay, medical device manufacturer Penumbra Inc agreed to a lease for 72.8k sf of space at Parkway Center, a 93.6k sf, two-story facility at 1351 Harbor Bay Pkwy, just north of O...
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• GE Real Estate Provides $95 Mil to Foster a Sterling Office Complex
1/16/08
GE Real Estate provided a $95 mil short-term, on-book loan to a joint venture between Sterling American Property Fund IV and Hines to refinance Parkside Towers, a Class A office property located in Foster City. The asset’s tw...
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• NAI Capital’s Lee Black Closes 2007 with Deal Hat Trick
1/16/08
Lee Black, an Executive Vice President in the Encino office of NAI Capital and a SoCal industry veteran, had a very busy end of 2007, wrapping up three transactions up and down the West Coast, in Thousand Oaks, San Francisco ...
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• Buyers Go for Silicon Valley R&D Properties
1/15/08
A trio of recent sales offers evidence that demand remains strong for R&D buildings in Silicon Valley. These latest deals, in San Jose and Santa Clara, were all brokered by regional firm NAI BT Commercial.
In North San Jose,...
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• Stanford Site is Coming up Rosewood
1/11/08
An exciting new luxury hotel and spa is in the works for a 21-acre Silicon Valley site owned by Stanford University. The 120-room project, called Rosewood Sand Hill, is being developed by a partnership of Dallas, TX-based Ros...
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• Bay Area Activity Review
1/10/08
Rearden originally leased 41.7k sf of space on the sixth floor at 1051 East Hillsdale at Parkside Towers in December 2007. The company will continue to occupy this space while expanding operations into the newly leased 91.4k ...
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• Advanced Installation Finds New Home with Thomasville
1/09/08
Advanced Installation Services, a Bay Area installer of high-end office furniture, recently inked a sublease for 58.6k sf of distribution space in the East Bay from Thomasville Furniture, the North Carolina-based home furnish...
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• Westcore Picks Up 500k sf of Manufacturing Space from Flextronics
1/08/08
A 500k sf manufacturing facility portfolio in the Silicon Valley community of Milpitas was recently purchased by Westcore Properties LLC. The acquisition consists of nine buildings occupied by Flextronics International USA In...
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• So Much Opportunity for SOMA Condo Complex
1/04/08
A 20-unit live/work condo development in San Francisco’s SOMA district has been listed for sale at a price of $565k/unit. The recently constructed property, containing a total of 23.6k sf of space, has an asking price of $11....
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• Oakland’s City Center to Grow by 500k sf
1/02/08
A new 500k sf Class A office tower is on track to break ground in downtown Oakland next spring thanks to recent approval by the city’s Planning Commission of a final design and PUD for the project, a joint venture of Shorenst...
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• Proteolix and ENIVA Sublease 30k sf Hayward Facility
12/21/07
A 30k sf R&D facility in Hayward currently leased to Questor Pharmaceuticals was subleased to two sub-tenants – Proteolix Inc and ENIVA Corporation -- in separate deals. The building, located at 26118 Research Rd, south of Ed...
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• Legacy Partners Cracks into Walnut Creek with 109-Unit Complex
12/20/07
A 109-unit apartment community in the East Bay city of Walnut Creek was acquired by Legacy Partners, the Foster City-based commercial real estate firm spun off from Lincoln Property some years back. The property, Tower Court,...
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• CB Richard Ellis Opens Walnut Creek Office
12/19/07
International brokerage services firm CB Richard Ellis has boosted its presence in the Bay Area with the addition of a new office in Walnut Creek, to be led by Managing Director Trevor Thorpe. A member of CBRE’s Private Clien...
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• Bay Area Activity Review
12/18/07
SUNNYVALE (Santa Clara County) -- Westcore Properties has acquired a 53.4k sf office building on 2.98 acres at 455 De Guigne Dr for $18.15 mil ($340/sf). The building is 100% leased to Tandberg Television, a wholly owned subs...
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• AvalonBay Walks Centerline for $105 Mil
12/17/07
An AvalonBay Communities-led development entity received $105 mil in financing for construction of the second phase of a mixed-use development known as Avalon at Mission Bay, in San Francisco’s Mission Bay area. The funding w...
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• NAI BT Commercial Adds Corporate Solutions Offering
12/17/07
NAI BT Commercial, the active NoCal regional brokerage firm, has added a new Corporate Solutions offering and has brought on board Kevin Vitale as Managing Director of the new division. Corporate Solutions is designed to crea...
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