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NoCal Deal Update 10/15/07 SAN MATEO (San Mateo County) – TradeBeam Holdings Inc, a global trade management software and services company agreed to a five-year renewal deal for 26.9k sf of office space at Two Waters Park. The property is owned by TA As...
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Online Networking Company Gets LinkedIn to More Bay Area Office Space 10/12/07 LinkedIn Corporation, an online professional network, inked an expansion lease at Britannia Shoreline Technology Park in Mountain View, boosting its existing 38k sf space by another 22k sf for a total of 60k sf. The building ...
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Sand Hill Picks Up Retail Dev Site in North San Jose 10/11/07 Sand Hill Property Co has acquired an 18.1-acre land site located at the off-ramp of I-880 and Brokaw Rd in North San Jose for the development of a new retail project. It was sold by San Jose Real Property Holdings. The price...
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FedEx Delivers Single-Tenant Investment Opportunity in San Jose 10/10/07 Businesses and buyers looking for a single-tenant industrial opportunity in San Jose may want to check out the Federal Express building, a 106.1k sf single-tenant facility located at 710 Dado St, west of I-880 and south of Mo...
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$270 Mil Jewish Community Campus in Palo Alto Breaks Ground 10/09/07 This past Sunday, Jewish and civic community leaders were on hand to celebrate the official groundbreaking of the Taube Koret Campus for Jewish Life, a $270 mil, 8.5-acre campus that will be home to the new Oshman Family Jewi...
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Internet Firms Find It’s their Civic Duty to Sign with Legacy 10/08/07 Legacy Partners signed two new tenants in deals totaling 36k sf at Legacy Civic Towers, a two-building office complex located at 75 E Santa Clara St and at 4 North Second St, just down the street from San Jose’s City Hall. Th...
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233k sf of Adjacent Warehouse Buildings in Woodland Leased Up 10/04/07 NAI BT Commercial brokered two warehouse lease transactions for a combined 233k sf of space at adjacent facilities in the city of Woodland, a NoCal town located about 20 miles west of Sacramento. In one of the deals, RHM Indu...
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Strong Activity Boosts San Francisco Peninsula 10/03/07 Here’s a quick look at the office and industrial markets for the San Francisco Peninsula as of the end of the third quarter 2007. This report is a summary of CB Richard Ellis’ Third Quarter 2007 Market Report and was provided...
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Newly Constructed Antioch Center Sells for $526/sf 9/28/07 A private investor spent $22.05 mil on a 41.9k sf ($526/sf) multi-tenant retail center in Antioch, a NoCal city located roughly midway between San Francisco and Stockton, in eastern Contra Costa County. The newly constructed ...
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Hanover Finds a Fairway to Invest in San Jose 9/25/07 A joint venture between Hanover Financial Company and Redhill Realty Investors purchased Fairway Glen Apartments, a 144-unit, Class B apartment complex located at 448 Toyon Ave in San Jose. The two-story, garden-style asset, ...
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NoCal Activity Review 9/24/07 SAN FRANCISCO (San Francisco County) – Trophy Properties LLC purchased four apartment properties with a combined 42 units. They are: 22 units at 230 Oak St for $4.7 mil ($214k/unit); eight units at 427 34th Ave for $2.5 mil (...
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Hines $350 Mil Transbay Offer Towers Above the Competition 9/21/07 By Allen Wolfsheimer
Hines has offered a staggering $350 mil for the land above the Transbay Terminal site in San Francisco, at 350 Bush St, on which the Texas-based developer intends to construct an 80-story office tower. T...
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Wrightwood Provides $36 Mil for Sunnyvale Dev 9/20/07 Wrightwood Capital provided $36.36 mil to finance the construction of Bordeaux Centre, a two-building, 124k sf office development in Sunnyvale. The borrower is CBC Properties LLC, a full service real estate investment and man...
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Johnson Cap Arranges $65 Mil in Dublin 9/18/07 Johnson Capital arranged $65.5 mil in construction financing on behalf of Charter Properties for the development of Grafton Station, a 178.6k sf neighborhood shopping center in Dublin. Grafton Station is part of Dublin Ranch,...
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Encinal Industries Involved in $71 Mil of East Bay Deals 9/17/07 Encinal Industries has sold a three-property portfolio while also acquiring another property for a future planned development in the East Bay. The transactions have a combined value of $71 mil.
Michael Speers and David Klei...
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Financing Notes 9/12/07 Wrightwood Capital has provided $12.8 mil in financing for the acquisition of 10 United Nations Plaza, a 72k sf office building on Market St in San Francisco's Civic Center area downtown. Built in 1982, the six-story “L” shap...
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NoCal Deals 9/11/07 SAN FRANCISCO (San Francisco County) – Moderati has agreed to an 84-month, $2.57 mil lease for 10.8k sf ($2.83/sf/mo) of office space at 795 Folsom St. Moderati was acquired in February of this year by Bellrock Media, a mobil...
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Wine Companies Tipsy over Fairfield Opportunities 9/05/07 Fairfield, a NoCal city located roughly midway between San Francisco and Sacramento, has become a popular destination for many companies in the wine industry sector. Incorporated in 1903, the city covers an area of roughly 37...
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