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Regency Centers Looking for more EXPO-sure in Palo Alto 7/28/08 A 92.3k sf retail building formerly occupied by EXPO Design Center in East Palo Alto was acquired by Regency Shopping Centers, the big Jacksonville, FL-based shopping center owner. The building sits on a 6.1-acre site at 1771...
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Strong Demand Spurs Sale of 38-Unit Palo Alto Apartment Building 7/25/08 Here’s a follow-up on a NoCal multifamily property we previously reported as being on the market. The property, Mayfield Manor, a 38-unit apartment building in Palo Alto, just traded hands. Although the actual price was not d...
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MVE & Partners and BRIDGE Housing Find Gold Nuggets in Fremont Development 7/24/08 The new Irvington Terrace apartments in the city of Fremont was awarded a 2008 Gold Nugget Grand Award in the category of Best Affordable Project (30 housing units per acre or more), and an additional 2008 Gold Nugget Merit A...
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San Francisco Apartment Listings Come with Hefty Price Tags 7/23/08 Here’s a look at two notable multi-family investment opportunities in San Francisco, both of which are listed with James Devincenti of Marcus & Millichap. The pricey properties are in the Pacific Heights and Nob Hill sections...
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Broadreach Replaces Frosted Flakes with Modern Industrial Users 7/22/08 A former Kellogg's cereal production facility in San Leandro has been repositioned as a new industrial park after undergoing a multi-million dollar renovation by Broadreach Capital Partners. The 26-acre, mixed-use development...
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Grubb & Ellis Opens Office in Redwood Shores 7/18/08 Grubb & Ellis Company, the national real estate services firm based out of Santa Ana, is looking to boost its NoCal presence by opening a new office in Redwood Shores, in the heart of the San Francisco Peninsula. With this m...
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Draftsmen & Craftsmen 7/17/08 Construction on an interesting office/industrial renovation project in the East Bay city of Hayward has just been completed. The property is the SEW-Eurodrive building, a 32.2k sf facility situated on 2.58 acres at 30599 San ...
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BioRad Leases 116k sf Facility at Pinole Point Business Park 7/16/08 BioRad Laboratories inked a 126-month lease for a 116.3k sf industrial cross-dock warehouse at Pinole Point Business Park in what we’re told is the largest lease to-date (based on size) in the Richmond submarket for 2008. Al...
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AMB’s Latest Tenants are Real Bratz 7/14/08 By Allen Wolfsheimer
MGA Entertainment Inc, the Van Nuys-based manufacturer of the popular line of Bratz dolls, has agreed to an eight-year, $22.2 mil lease for the remaining 749k sf ($0.31/sf/mo) of space at AMB Property Co...
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Laramar Acquires 948-Unit Archstone San Jose 7/10/08 In what is one of the largest – if not the largest – Bay Area apartment acquisition in 2008, Chicago-based Laramar Group has purchased Archstone San Jose, a 948-unit, garden-style complex located at 355 Kiely Blvd in San Jose...
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Terry Francois Gets Grand Reception in San Francisco 7/07/08 Completion of a new 291k sf spec office building in San Francisco’s Mission Bay area was celebrated with a big grand opening reception last week. The building, 500 Terry Francois, is located on the waterfront and was develope...
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Bay Area Activity Update 7/02/08 SAN FRANCISCO (San Francisco County) -- A boutique trophy office building located at 200 California St has been listed for sale. The six-story, Class A office/retail building is located on a very desirable corner and is one o...
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Fremont Neighborhood Center on the Market for $50 Mil 7/01/08 A 121.5k sf neighborhood shopping center in the East Bay city of Fremont was recently put on the market with an asking price of $50.43 mil, or roughly $415/sf. The property – Warm Springs Plaza – is located at 46547 Mission B...
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College Greens Generates about $20 Mil in Green 6/30/08 College Green Shopping Center, a 119.1k sf neighborhood shopping center located in the heart of California’s capitol city of Sacramento, recently traded hands in a transaction valued at $19.76 mil, or $166/sf. The center is a...
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AMCAL Breaks Ground on East Oakland Affordable Housing Project 6/20/08 Brookfield Place, a new multifamily property in East Oakland that is hoped to serve as a catalyst for change in the community, just got underway at a groundbreaking event that was attended by elected officials, local dignitar...
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Opus Sells First Building at New East Bay R&D/Light Industrial Park 6/20/08 A newly built 7.5k sf R&D building at Fremont Tech Center was purchased by Al Enterprises LLC, a provider of computer components and computer upgrades, in the first completed transaction at the 136.7k sf R&D and light industr...
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GVA Kidder Mathews Boosts Its New Redwood City Office 6/19/08 Regional brokerage firm GVA Kidder Mathews continues its Northern California/Bay Area expansion with the addition of Scot Altick, Mark Melbye, John Olenchalk and Amy Sims to its growing office in Redwood Shores, in the 101 Te...
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Sares Regis Group Closes $21 Mil East Bay Industrial Buy 6/17/08 Taking advantage of a strategic investment opportunity in a tightening industrial market, San Mateo-based Sares Regis Group of Northern California purchased Bayside Business Park, a 246.5k sf, fully leased industrial office c...
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Bay Area Leasing Update 6/16/08 SAN FRANCISCO (San Francisco County) -- RSM McGladrey, a leading national business consulting, accounting, and tax firm, leased 10.2k sf of office space at Howard Hawthorne Center, a two-building, 240k sf office complex locat...
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AMB to Develop 658k sf Tracy Build-to-Suit 6/13/08 AMB Property Corporation, the big San Francisco-based industrial real estate owner and developer, has agreed to develop a 658k sf build-to-suit for a major retailer. The facility, named AMB Perscadero Center, is located in Tr...
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