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HFF Arranges Lembi Lending 11/22/04 The Los Angeles office of Holliday Fenoglio Fowler has arranged acquisition and mezzanine financing totaling $27.65 mil for four multifamily properties in San Francisco: 940-942 Hayes St, 990 Fulton St, 1155 Jones St and ...
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CT Realty Acquires 59k sf Business Park in Davis 11/19/04 Newport Beach-based CT Realty Corp paid $5.45 mil for Davis Commerce Center, a 58.8k sf ($93/sf) business park at 2121 Second St in the NoCal town of Davis. The property is comprised of three single-story buildings with a tot...
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November 18, 2004 - NoCal Deal Update 11/18/04 SAN MATEO (San Mateo County) Akimbo Systems Inc has agreed to a $1.5 mil lease for 17.4k sf of office space from Interland Corporation on the ground floor of Borel Place, at 411 Borel Ave. The tenant, which is relocating from...
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Calistoga Vineyard Listing is Bellisimo! 11/17/04 Here's a unique property for sale from the NoCal community of Calistoga, as Mark McLaughlin of McLaughlin Ventures has the exclusive listing for Bellisimo Vineyard, a 153-acre vineyard site with 75 acres of vineyards for Char...
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New Park Center Gets a New Owner 11/16/04 New Park Executive Center, a 59k sf Class B office building in the city of Newark, traded hands at a price of $8 mil ($135/sf). The property is at 5900 Mowry School Rd, south of I-880 and west of Stevenson Rd in Alameda Count...
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East Bay/Alameda County Activity Update 11/15/04 HAYWARD – Boyett Construction acquired a 13.4k sf building at 2404 Tripaldi Way. Paul Beckwith and Paul Mueller of BT Commercial Real Estate took care of negotiations for the seller, Gill Jaswant. The buyer was represented by...
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SNK's Latest Development to Add 125 New Homes to the East Bay 11/12/04 SNK Realty Group just opened its most recent Bay Area development -- Andante Emeryville, which will contain a total of 125 one- and two-bedroom homes, when completed. Construction is nearly finished on Phase I, which represen...
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NoCal Deal Update: Starpoint Closes $21 Mil Buy of Fresno PG&E Campus 11/11/04 FRESNO (Fresno County) – Starpoint Properties paid $21.25 mil for the Pacific Gas & Electric buildings at 705 P St and 650 O St. The two three-story buildings occupy two entire city blocks on 5.94 acres in the city's Downtown...
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NoCal Sales Review 11/10/04 SAN FRANCISCO (San Francisco County) – Following up on a deal we first reported earlier this year, San Diego-based Vantaggio Suites wrapped up its purchase of the 144-room Hotel Cosmo, in a deal that closed escrow on October ...
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Westcore Venture Closes $52 Mil Office Park Buy in Campbell 11/09/04 A Westcore Properties-led venture purchased Vasona Technology Park, a seven-building, 307k sf office/R&D park in the NoCal city of Campbell. The seller, Legacy-RECP II Hacienda OPCO LLC, a partner of Legacy Partners Commercia...
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Madison Marquette Picks Up Full Ownership of Bay Street Emeryville Retail Project 11/08/04 Madison Marquette has acquired full ownership in the retail component of Bay Street Emeryville, buying out the equity interest of its former partner in the venture, MacFarlane Partners. Bay Street Emeryville is a 365k sf, mix...
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DHL Delivers 75k sf of Sublease Space to Acacia Pacific Holdings 11/05/04 Acacia Pacific Holdings Inc has subleased 75.5k sf at 50 California St in San Francisco, CA. The insurance claim company signed a six-year sublease for floors 11-14 and will move from 37 Grove Street and 1200 Folsom St. The...
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Bay Area Leasing Update 11/04/04 BRISBANE (San Mateo County) – Peking Handcraft leased 132.7k sf of warehouse space at the Gilmore Envelope building, located at 325 Valley Dr. Marshall Hydorn of BT Commercial Real Estate repped the tenant, while David Black ...
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Silicon Valley Bank Holds onto Its Equity 11/03/04 Silicon Valley Bank inked a long-term renewal of its 213k sf HQ space at Lake Marriott Business Park in Santa Clara. Located about one-half mile north of Hwy 101 and one-half mile south of Route 237, the business park consist...
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City Center Becoming the Retail Center in Oakland 11/02/04 East Bay Business Campus
So far, 2004 has proven to be a good year for retail leasing activity at Shorenstein Realty's City Center business complex in Oakland. With five new leases and four renewals, the retail occupancy rat...
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Catellus Pursuing Higher Education at Mission Bay 11/01/04 Catellus Development Corporation (NYSE: CDX) recently confirmed that the company is in negotiations with University of California for a ground lease of approximately 9.65 acres, entitled for approximately 1 msf of office and ...
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Northern California Sales Briefs 10/29/04 DUBLIN (Alameda County) -- Wells Real Estate Investment Trust II purchased Emerald Point, a 194k sf four-story office building at 5130 Hacienda Dr, north of I-580 and west of Tassajara Rd in the Tri-Valley area. Although the ...
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Bay Area Leasing Review 10/27/04 LIVERMORE (Alameda County) – Country Floral Supply took 42.6k sf of industrial space after signing a five-year, $900k ($0.35/sf/mo) lease at 6909 Las Positas Rd. Criag Hagglund of Lee & Associates repped the tenant, while Mik...
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NoCal Sales Activity Review 10/25/04 OAKLAND (Alameda County) – Prentiss Properties purchased two properties on Webster St and an adjacent development site for $64.75 mil. The seller was the Charles Pankow estate. One of the properties is a 459.3k sf, 20-story o...
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LaSalle Reels in Fisherman's Wharf Retail Center 10/22/04 Chicago-based LaSalle Investment Management has purchased the Anchorage, an 80k sf outdoor shopping center situated along Fisherman's Wharf in the heart of this very popular San Francisco tourist destination. Although the pri...
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