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• Sacramento Industrial Portfolio Sells for $40 Mil
11/05/03
Here's news about one of the largest industrial sales in Sacramento history, as FJM Investment, a private investment entity, paid $40 mil for a portfolio of 19 light industrial and warehouse buildings containing a total of 92...
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• November 4, 2003 - Haywire in Hayward
11/04/03
There's a bit of a mix-up in names with a recent 10-year lease for 38k sf in the East Bay. The tenant was New York Transit, which despite its name is headquartered in Hayward and makes women's shoes, not streetcars. Furthermo...
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• November 3, 2003 - Un-Turning Japanese
11/03/03
A limited liability company formed by Los Gatos-based Kearny Ventures and Oakland-based Balco Properties purchased a 35-acre site at 150 Todd Rd in Santa Rosa, with the ultimate aim of redeveloping the property with up-to-dat...
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• October 31, 2003 - Finding the Centre
10/31/03
The Peninsula office of CB Richard Ellis completed four leases totaling about 15k sf at San Mateo Centre, a 3-building complex at 1800-1820 Gateway Dr in San Mateo. The team of James Lees, Tim Grant and Sandra Rodriguez repre...
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• October 30, 2003 - Commercial Condo-Mania Spreading in Bay Area
10/30/03
Interest in commercial condo projects has spread to Napa, as more and more small businesses recognize the long-term benefits of owning rather than leasing. At Napa Valley Corporate Park, Nordby Construction broke ground in Se...
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• October 29, 2003 - Picking Up Steam
10/29/03
Activity in the San Francisco investment sales market is enjoying a period of rapid acceleration, according to CB Richard Ellis investment specialist Charles McCabe. He calculates $310 mil of commercial transactions took plac...
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• Diamonds are a Landlord's Best Friend
10/28/03
Everybody knows we're in the middle of an economic slump, but try telling that to Las Vegas jeweler Adi Simayof. According to the San Francisco Business Times, the proprietor of Simayof Diamond Cutters and Jewelers has signed...
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• October 28, 2003 - Healthy Market
10/28/03
Brokers from Orion Partners completed two deals for health-care tenants in Marin County. Sutter Health signed a 10-year lease for 75k sf on two floors of Marin Executive Center in San Rafael, while Cytograft Tissue Engineerin...
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• State Farm Hopes to be a Good Neighbor on Mare Island
10/27/03
Construction is set to begin in November on a major private component of the Vallejo waterfront redevelopment. Alsation Land Co has agreed to buy a 4.3-acre parcel on Mare Island Blvd and Capitol St for development of a new C...
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• October 24, 2003 - Staubach Scores Two Touchdowns
10/24/03
Five brokers from The Staubach Company handled tenant negotiations in two recent office deals for professional firms in San Francisco. The transactions represent a net gain of about 55k sf for the ailing market. One of the fi...
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• Rohnert Park Council Members Gamble on New Indian Gaming Project
10/24/03
After community opposition prompted it to back out of earlier plans, the Federated Indians of Graton Rancheria signed a Memorandum of Understanding regarding development of a gaming and entertainment project just west of the ...
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• October 23, 2003 - Covad Wagons
10/23/03
Covad Communications Co leased 86.2k sf in Building B at 110 Rio Robles Ave in San Jose. The broadband service provider is relocating its headquarters from 3420 Central Expwy in Santa Clara, where it subleased space from Yaho...
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• October 22, 2003 - Down Town
10/22/03
Tenants are slowly - very slowly - whittling down San Francisco's surfeit of office space, though at the rate they're going, a single-digit vacancy rate is still a number of years off. The high level of vacancies continues to...
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• October 22, 2003 - Magma Erupts
10/22/03
One of Silicon Valley's few expanding companies has taken over some of the space given up by a prominent victim of the high-tech downturn. Magma Design Automation Inc, which produces electronic design automation software for ...
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• October 21, 2003 - Wheeler Dealer
10/21/03
San Francisco's AMB Property Corp has completed the largest Silicon Valley warehouse lease of the past two years. But indicative of the valley's current high-tech slump, the tenant has nothing to do with the computer, telecom...
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• October 20, 2003 - Uptown Buys
10/20/03
Two office buildings sold recently in Oakland's Uptown district near the 19th Street BART station. A third, near the waterfront, has been put on the market.
RTZ Associates, a technology provider and operator for long-term ca...
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• October 20, 2003 - Genesys of an Idea
10/20/03
The biotech industry may not have released many products yet, but one major REIT has confidence in its future, or at least in the future of one biotech company.
CarrAmerica Realty Corp acquired 500 Forbes Blvd, a 2-story off...
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• San Jose Land the Site of a New Industrial Venture
10/17/03
Mill Valley-based Venture Corporation, a privately owned real estate development firm, has acquired 9.39 acres in San Jose for $4.9 mil ($12/sf). Venture has already begun construction of a 138.4k sf state-of-the-art industri...
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• October 16, 2003 - Small Leases Power San Mateo Office Market
10/16/03
The claim that today's Peninsula office market activity is characterized primarily by smaller deals is borne out by a series of deals recently completed by the San Mateo office of CB Richard Ellis for landlord Interland. The ...
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• October 14, 2003 - A Pearl for Oyster Point
10/14/03
In welcome news for the Peninsula market, Oncology Therapeutics Network renewed and expanded its space at Oyster Point Marina Plaza in South San Francisco. The Bristol-Myers Squibb subsidiary signed a 10-year lease for 57k sf...
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