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• Financing Notes
10/20/04
Holliday Fenoglio Fowler LP (HHF) recently arranged financings totaling $36 mil for two Northern California multifamily communities: Carmel at Woodcreek West in Roseville and Tallyho Village Apartments in Sacramento. Don Curt...
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• NoCal Activity Review
10/19/04
TRACY (San Joaquin County) – A 52-acre chunk of land in the city of Tracy was acquired by McMorgan & Company for development of a 1 msf industrial project expected to cost a total of $42 mil when completed. The project will c...
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• Equity Applies Broadlogic in Filling Vacant Space in San Jose
10/18/04
BroadLogic Network Technologies, a leading technology supplier of broadband solutions, signed a new 12.3k sf lease at 1740 Technology Dr, a six-story, 198k sf office building owned by Equity Office Properties. Originally cons...
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• New Tenants Touch Down at Hamilton Landing
10/15/04
Barker Pacific Group has inked five new leases at its Hamilton Landing office campus in Novato, bringing the 550k sf development to more than 80% leased. The latest tenants to sign up at the award-winning project, which consi...
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• Shorenstein's Oakland Office Campus the Center of Leasing Attention
10/14/04
The Shorenstein Company has chalked up a few more signings at its Oakland City Center office complex, the huge business campus that includes 3.5 msf of office space along with 20 restaurants and food outlets, more than a doze...
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• For Just $62 Mil You Can Join the Country Club Set
10/13/04
A unique 620k sf retail center in Sacramento has been put on the market. A Scottsdale, AZ group called Arizona Partners has listed Country Club Plaza, a single-level center anchored by Macy's Gottschalk's Bed Bath & Beyond an...
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• Bosa Spends $119 Mil on Residential Land at Mission Bay
10/12/04
Catellus Development Corporation (NYSE: CDX) recently entered into a contract to sell a number of blocks of land at its giant Mission Bay mixed-use site in San Francisco to Bosa Development, in a deal valued at $119 mil. Bosa...
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• NoCal Sales Review
10/12/04
SANTA CLARA (Santa Clara County) – A 17.2k sf industrial building at 3370 Thomas Rd was purchased by the Silicon Valley Animal Control Authority for $2.45 mil ($142/sf). The property is the Thomas Technology Center. Mark Zamu...
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• Historic SOMA Building Sells for $14 Mil
10/11/04
Here's a little more info on a San Francisco sale that we mentioned in our NoCal deal notes a few days ago. Zapolski + Rudd LLC, a Napa-based real estate investment, development and management firm, purchased the Gallo Buildi...
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• NoCal Deal Notes
10/08/04
PLEASANTON (Alameda County) – Inovys Corp, a manufacturer of semiconductor equipment, inked a five-year, $1.8 mil lease for 24k sf ($1.25/sf/mo) of R&D space at North Creek II business park, within Bernal Corporate Park. Jeff...
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• Tishman Speyer's Latest Mission is to Sell Second Tower in Santa Clara
10/07/04
A fully leased 282k sf office tower in Santa Clara is being marketed by a partnership that includes Tishman Speyer, Travelers Real Estate and Whitehall Street Real Estate Fund. The partnership hopes to sell the building, Miss...
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• Westcore Heads North
10/06/04
Westcore Properties LLC, the San Diego-based real estate investment firm, has opened an office in Northern California, led by Neil Johnson as the firm's new Director of Acquisitions for Northern California. The company alrea...
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• NoCal Deal News
10/04/04
SACRAMENTO (Sacramento County) -- Kaufman Properties, a Westlake Village-based real estate firm, purchased College Greens Plaza, a 125k sf grocery-anchored shopping center at 8387 Folsom Blvd in Sacramento. The transaction wa...
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• Capital & Counties Makes $20 Mil Buy in Danville
9/30/04
Capital & Counties USA Inc has purchased the Danville-San Ramon Medical Center for over the asking price of $19.95 mil. The 74.6k sf ($267/sf) medical office campus is located at 901-919 San Ramon Valley Blvd in the city of D...
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• Strong Demand for New Condo Project in Oakland's Chinatown
9/30/04
Here's an update of a new Bay Area condo project that is moving along on track, as SNK Realty Group has successfully completed a first-day Reservation Event of Release One Homes at The Franklin 88, a luxury condominium develo...
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• Tan Spends $40 Mil in Green on San Mateo Retail Center
9/29/04
The Tan Group, a Palo Alto-based developer/investor, purchased Central Park Plaza, a 111.4k sf retail property in San Mateo, a couple of blocks east of Hillsborough. The transaction was valued in the neighborhood of $40 mil (...
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• LA Group Acquires Vacant Hayward Office Building for Condo Conversion
9/28/04
A Los Angeles-based private investor paid $7 mil for a 180k sf office building in Hayward with plans to convert the property into a 150-unit residential condo project. The 13-story office building, known as Centennial Tower, ...
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• SOMA Office Property Hits the Market at $400+/sf
9/24/04
One day after we reported about Cousins and Myers selling their two South of Market office towers, here's news of another SOMA office property to hit the market, this being a recently developed building that contains a total ...
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• Hines Pours It On with $287 Mil Office Purchase in San Franciso
9/23/04
A pair of San Francisco office towers, both completed within the past five years, has traded hands for a combined price of $287 mil. The two buildings, at 101 Second St and 55 Second St, were purchased by Houston-based Hines ...
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• Bay Area Deal Notes
9/22/04
SAN FRANCISCO (San Francisco County) – Alexandria Real Estate Equities purchased six parcels of land, totaling about 500k sf of dirt, at Catellus Development Corp's Mission Bay project, a massive 300-acre+ mixed-use developme...
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