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Transpacific Acquires 750k sf NoCal Distribution Facility 8/12/04 SoCal-based Transpacific Development Company has acquired a 750k sf distribution building on 37.96 acres of land at 1550 North Chrisman Rd in Tracy, a Northern California city just west of I-5 in San Joaquin County. NoCal ind...
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Sonoma County Business Park Hits the Market 8/10/04 Here's news of a major listing that just hit the market, that being the 200-acre, 713k sf Agilent Campus in Rohnert Park. The property, located at 1212 Valley House Dr, was developed, owned and formerly occupied by Agilent Te...
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San Francisco Retail Building Sells at Fair Market Price 8/09/04 A San Francisco investment entity acquired a 36k sf Market Street retail property in a $6.4 mil ($178/sf) sale. The two-story, steel-frame/masonry structure is on Market St between Union Square and Civic Center in the heart o...
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Cor-O-Van and Valley Relocation Keep Leasing Activity Moving Along in the Bay Area 8/05/04 Northwestern Polytechnic University purchased a 58.2k sf R&D building in Fremont from NDK America for an undisclosed amount. The building was constructed in 1991 and is situated on a 3.7 acre parcel at 47651 Westinghouse Dr....
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Equity Enjoys Big Return from Thinking Small 8/03/04 Equity Office Properties, the nation's largest office building owner, completed a total of 170 small-space office leases representing more than 390.5k sf throughout its San Francisco portfolio during January through May 2004....
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Sacramento Business Complex Sells for $10.5 Mil 8/02/04 SVN Equities LLC, an Irvine-based investment entity, acquired Pointe West Business Park in Sacramento for $10.5 mil. The 11-acre, 146.9k sf ($71.50/sf) industrial/office park is located at 1800-1832 Tribute Rd, near the junct...
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JMA has Sweet Plans for Ghiradelli Square 7/29/04 San Francisco-based JMA Properties is focusing its attention on properties in the Bay Area, having recently sold about 500k sf of assets in Southern California, according to an article about the firm in the San Francisco Busi...
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Here's Your Chance to Liberate San Carlos Office Property 7/28/04 A two-building, 208k sf office property in San Carlos, which was fully leased through 2010 by software firm Liberate Technologies, is being marketed for sale by its owner, a group that includes developer John Mozart. The prop...
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East Bay Deal Notes 7/27/04 In this report we'll take a look at some recent activity in the East Bay communities of Fremont, Oakland and Walnut Creek. We'll start in Fremont, where Eric Locke, the owner of a plumbing fixtures business paid $4 mil for a ...
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Investor Interest in SOMA Buildings is Picking Up 7/22/04 Investment activity, particularly for office properties, in San Francisco is showing signs of picking up. Here's a handful of interesting listings currently on the market.
In SOMA, the Grubb & Ellis team of Richard Johnson,...
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General Growth in San Francisco at Stonestown Galleria 7/21/04 General Growth Properties (GGP), the big NY-based retail REIT, is about to acquire another major California property, that being the 854k sf Stonestown Galleria in San Francisco. According to the latest edition of Real Estate...
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Bay Area Deal Notes 7/19/04 SUNNYVALE (Santa Clara County) – San Diego-based MG Properties paid $49 mil for The Arches, a 410-unit ($119.5k/unit) apartment community located at Hwy 101 and the Lawrence Expressway. Built in 1972, the complex features att...
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Oakland Industrial Deal is Rexford's Specialty 7/16/04 L.A. Specialty Produce, a produce distribution company, has relocated its Bay Area operations after signing a five-year, $1.04 mil lease for a 48k sf ($0.36/sf/mo) warehouse facility in Oakland. The company will be operating ...
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The Butler Did It! 7/15/04 Ask Jeeves Inc, the popular Internet search engine with the helpful butler, has signed a new lease to move its corporate headquarters to Shorenstein Company's 555 City Center in Oakland from its current location in Emeryville...
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TMG Picks Up San Francisco Office Tower for $80/sf 7/13/04 Locally based TMG Partners has acquired 1 South Van Ness, a 485k sf office property at the corner of Market St and Van Ness Ave in San Francisco. The property, which is currently only 25% occupied, reportedly traded hands for...
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Alien Headquarters Facility Can Be Yours 7/12/04 Marcus & Millichap is listing a single-tenant NNN office and industrial facility in the Silicon Valley. The property is the Alien Technology Corporate Headquarters, located at 18220 Butterfield Blvd in the city of Morgan Hill...
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Retail Investment Opportunities Take Off Near Oakland Airport 7/09/04 Here's an opportunity to grab one or all of four separate buildings that are part of an exciting new retail center near the Oakland Airport. Called Hegenberger Gateway, the development is an eight-building, 245k sf center on ...
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Upbeat Office Outlook for San Francisco 7/08/04 According to a just-released mid-year report from Cushman & Wakefield, the San Francisco office market continued to exhibit signs of recovery during the second quarter and looks likely to maintain the momentum over the latter...
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Principal and Commercial Ventures Look to Unload California Office Properties 7/07/04 Here's an update on couple of sizable California office listings to hit the market, pulled from recent pages of Real Estate Alert, the weekly investment newsletter. In one of the listings, Principal Office Investors, a ventur...
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Is Mission Bay for Sale? 7/06/04 Catellus Development Corporation is reportedly entertaining offers to buy some or all of its huge 300-acre Mission Bay development in San Francisco. A recent article in the San Francisco Business Times reports that Catellus h...
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