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September 15, 2026
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NORTHERN CALIFORNIA NEWS
Archive
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• Hines Offering will Enable the Right Buyer to Catch Up in the Bay Area
7/02/04
Texas-based Hines is putting 2.25 msf of office properties in the Bay Area on the block, as part of a 10 msf national disposition by National Office Partners Limited Partnership (NOP), a venture between Hines and CalPERS. The...
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• Bay Area Properties on the Market
6/30/04
In this report we'll pass on news of a few major Bay Area properties that we've heard are on the market or currently under contract, but have not yet officially sold. We'll start with a downtown San Francisco property, that b...
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• Sun Rises on Office Investment Opportunity in Newark
6/29/04
Here's a sizable office investment opportunity in the East Bay, as an investment group called Orchard Portfolio Partners is shopping the 99k sf Gateway Center complex in Newark that is fully leased by Sun Microsystems. Real E...
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• Glenborough Receives Redwood City Approval for Major Residential Project
6/28/04
Glenborough-Pauls has received city council approval from Redwood City to move forward with a huge development that is slated to contain 1,930 residential units, to be constructed over a 20-year period. Called Marina Shores V...
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• Bay Area Deal Notes
6/25/04
OAKLAND (Alameda County) – Two new tenants have brought the historic Oakland Rotunda Building to 90% leased, after signing deals for a combined 24k sf of space. In one of the leases, Boxer & Gerson, a law firm, took 16k sf in...
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• RREEF Acquires San Jose Office Tower
6/24/04
160 West Santa Clara St, a 212k sf office building in downtown San Jose was purchased by RREEF Funds on behalf of an institutional client. The 15-story Class A office tower is located in San Jose's central business district, ...
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• Women's Travel Agency Cruises into 25k sf SOMA Building
6/23/04
Olivia Cruises & Resorts recently closed escrow on 434 Brannan St, a three-story, 25.6k sf building that sold for $5 mil ($195/sf). Located a few blocks northeast of the intersection of the 101 and 80 Freeways, the property ...
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• Darth Vader Building is a Force for Buyers in Sacto
6/21/04
Those active TICs. Especially Santa Ana-based Triple Net Properties. In the past month or so, we've already reported on a couple of major buys that the firm has closed, including a record $274 mil office buy in downtown San D...
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• Latest Touchstone Production is an $80 Mil Blockbuster
6/18/04
Touchstone Investments has purchased six office buildings located in the Sacramento submarket of South Natomas for $80.85 mil. The buildings, totaling 574k sf ($141/sf), are located at 2495, 2485 and 2525 Natomas Park Dr and...
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• Gilead Odyssey Continues as Firm Leases Additional 140k sf in Foster City
6/17/04
Gilead Sciences, the biopharmaceutical company, has just completed a lease for an additional 141k sf of space at the Vintage Park office/R&D complex in Foster City in which the company already occupies about 500k sf. Gilead a...
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• Investors Pick Up $26 Mil San Francisco Apartment Portfolio
6/16/04
A Bay Area investment group that currently owns more than 3,000 multifamily units recently purchased a portfolio of seven apartment properties in San Francisco, in a transaction that had a sales price of $26.26 mil and an ave...
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• Possible Sale of Hills Plaza Brewing
6/14/04
Shorenstein Company, the San Francisco-based office property owner, is shopping two major properties, one in San Francisco and the other in Phoenix, with a combined value of around $330 mil. An article in the latest edition o...
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• Bay Area Deal Notes
6/11/04
SUNNYVALE (Santa ClaraCounty) – A 267k sf office property trade hands, as CalSTRS picked up MathildaResearchCenter, which was sold by a partnership between Menlo Equities and Beacon Capital Partners. According to Real Estate ...
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• San Francisco Office Sales Myered on Second Street
6/10/04
Here's more news that reinforces recent industry reports which suggest that investor interest in San Francisco office properties is picking up. Jack Myers, one of the city's more prolific office developers of late, has decide...
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• Sacramento Office Buyers Can Shop at Farmers Market
6/09/04
A pair of adjacent Sacramento office buildings have been put on the block, as Keystone Group, out of Houston, has listed Farmers Market 1 & 2, which contain a combined 252k sf of space. Per Real Estate Alert, the buildings ha...
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• Bay Area Deal Notes
6/07/04
SAN FRANCISCO (San Francisco County) – A 94-year-old building at 55 Stevenson St was purchased for $2.2 mil by Dr. Andrew Awach, who is leasing it to Albert Chen. Chen plans to run a restaurant, Louie's Bar & Grill, at the bu...
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• It's O'Toole Time in San Jose
6/04/04
Here's a Class B investment opportunity in Silicon Valley, as William Stuart and Gregory Stern of Marcus & Millichap have listed the O'Toole Business Park, an 87.6k sf office/industrial park consisting of 36 individual condos...
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• Planned Residential Project to Tower over Richmond's Waterfront
6/03/04
A partnership of Simeon Commercial Properties and Cherokee Investment Partners is looking to develop a condo high-rise project as part of the massive Campus Bay development on Richmond's waterfront. According to a recent arti...
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• Prentiss Spends $35 Mil on the Great American Office Buy
6/02/04
In a major Silicon Valley office sale, Prentiss Properties Trust purchased a three-building, 306.4k sf office/R&D campus at 5500 Great America Pkwy in Santa Clara. Cushman & Wakefield is pleased to have represented 3Com Corpo...
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• CalSTRS Lists Gem in East Bay
6/01/04
A 194k sf East Bay office property has hit the market, as CalSTRS is shopping a building at 5130 Hacienda Dr in the city of Dublin. According to a recent report in Real Estate Alert, the building, known as Emerald Point I, is...
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