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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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• New Boutique Hotel Development to Get Underway in NoCal Wine Country
11/24/08
The folks who created the popular Hotel Healdsburg have unveiled another exciting hospitality development nearby, just off the historic town plaza in Healdsburg, CA, a bucolic wine country town situated about an hour’s drive ...
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• Apartment Investor Acquires a Touch of Hawaii in Mil Foster City Buy
11/21/08
A 42-unit multi-family community in Foster City traded hands in a recent deal that came close to the property’s $10.9 mil ($260k/unit) listing price. The 37.6k sf property, Kula Kai, is located at 808 Comet Dr, east of the 10...
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• McDermott Will & Emery Inks New Lease for 85k sf in Menlo Park
11/20/08
In a notable Silicon Valley office lease, the firm of McDermott Will & Emery LLP signed a 10-year deal to occupy 84.7k sf office space recently held by Heller Ehrman LLP at 275 Middlefield Rd in Menlo Park, midway between El ...
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• Equity Office Closes Trio of Leases at Its Redwood Shores Properties
11/18/08
Equity Office recently inked deals with three new tenants at two of its properties in Redwood Shores. At 333 Twin Dolphin Dr, the law firm King & Spalding agreed to a lease for 27.8k sf and the law firm Covington & Burling L...
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• Embarcadero Capital Partners to Lead Church Revival in Palo Alto
11/17/08
An historic Palo Alto church building traded hands for the first time since its construction in 1916. The 10.9k sf property, located at 661 Bryant St, a few blocks north of El Camino Real and the Stanford University campus, w...
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• Financial Crisis Slowing San Francisco Office Market
11/13/08
It’s become evident that San Francisco’s office market will not escape the current economic downturn unscathed, as the financial crisis is clearly having repercussions on the City by the Bay, according to the San Francisco St...
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• CMR Mortgage Fund Sells Pair of NoCal Apartment Properties
11/12/08
San Francisco-based Arroyo & Coates is a regional real estate services firm that specializes in multifamily investments deals, primarily in Northern California. A couple of their more recent transactions took place in Fresno ...
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• Basin Street Completes 116-Room Hotel in Sonoma County
11/11/08
Work on a new hotel in NoCal’s wine country has just been completed. The 116-room Hampton Inn & Suites is in the town of Windsor, located in the heart of Sonoma County and adjacent to the Russian River Valley, Dry Creek Valle...
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