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Pair of Silicon Valley Office Properties on the Block 9/15/03 We've learned of a pair of major Silicon Valley office properties that have recently hit the market and which have a combined value of near $135 mil. The info was taken from the latest edition of Real Estate Alert.
One of t...
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September 15, 2003 - Sonoma County R&R 9/15/03 Rest and recreation seem to be on the minds of Sonoma County investors of late. But it's not so much a matter of taking their own vacations as profiting from the vacations of others, with three major hospitality purchases in ...
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Private Venture Plans to Develop Mixed-Use Project on East Bay Waterfront 9/12/03 The Oakland Port Commission approved the sale of a 60-acre waterfront parcel to Oakland Harbor Partners LLC for $18 mil. An independent appraisal of the land, which runs from Oak to 9th streets, placed the value at $34 mil, b...
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September 11, 2003 -- $200 Mil Affordable Housing Project Glides Along in SF 9/11/03 Less than a month after Ronaldo Cianciarulo's Baker Hamilton Properties LLC sold three buildings at 601-625 Townsend St in San Francisco to Macromedia, the company sold a building one block east to another buyer that plans to...
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September 10, 2003 - Crossing Guards 9/10/03 Colliers International and Newmark Realty Capital Inc have brokered the sale of Sand Creek Crossing, a 251.8k sf shopping center in the growing Contra Costa County town of Brentwood. The seller was Philadelphia-based AIG Bake...
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McGraw-Hill Inks Deal for 47k sf in San Francisco 9/09/03 In one of the largest San Francisco office leases of the 3rd quarter of 2003, The McGraw-Hill Companies has inked a deal for 47.5k sf at 160 Spear St. Terms of the transaction were not disclosed. The Class A high-rise office ...
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September 8, 2003 - Capital Gains 9/08/03 Sacramento industrial development is on the upswing, with a spate of new projects announced or in progress.
In August, McClellan Park LLC acquired 35 acres adjacent to the former McClellan Air Force Base for construction of ...
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September 5, 2003 - Grateful Ped 9/05/03 They'll keep on truckin', but from now on the Grateful Dead will be doing it in a smaller space. The 60s survivor rock group, whose almost cult-like followers have single-handedly kept tie-dying alive 30 years past its fashio...
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September 4, 2003 - Still Breathing 9/04/03 Seven deals totaling some 85k sf show there's life in the San Francisco office market after all. Equity Office Properties, now the city's second largest landlord, accounted for more than half the amount, with four new deals t...
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QuinStreet Moves Parkside 9/03/03 Two noteworthy deals whittled about 100k sf from the sizable inventory of vacant space on the San Francisco Peninsula. In the first, Renovis Inc subleased 70.2k sf from Tularik Inc at Two Corporate Dr in South San Francisco. ...
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September 2, 2003 - Mai-Tai Fine Choice 9/02/03 A two-man partnership headed by the owner of San Francisco's House of Prime Rib has purchased the former space of one of the city's best regarded restaurants and leased it to the company that operates the Trader Vic's chain o...
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August 29, 2003 - Barreling Ahead 8/29/03 Despite sluggish wine sales, a Sonoma County engineering firm that serves grape growers and vintners has decided to move to a larger space to accommodate growth. Currently located at 1400 N. Dutton Ave in Santa Rosa, Summit E...
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Novato Shopping Center a Fair Deal for Kimco 8/28/03 Following completion of more than $2.5 mil in renovations to Novato Fair Shopping Center in Novato, a joint venture between San Francisco's AMB Property Corp and New York-based AIG Insurance Inc sold the property to Kimco Rea...
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August 27, 2003 - Furniture Movers 8/27/03 One of Oakland's best known commercial landmarks has found a new tenant. Gorman & Son Furniture, a Berkeley retail business that was founded in 1880, signed a 5-year lease for the bottom three floors of the former Saw Mill Fu...
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August 26, 2003 - Cooperative Venture 8/26/03 In an unusual partnering of representatives from three different brokerages, Kevin Van Voorhis of Colliers International, George Eckard of Cushman & Wakefield and Breck Lutz of Cornish & Carey Commercial teamed up to work bot...
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August 25, 2003 - Shorenstein Trifecta 8/25/03 Three leases totaling nearly 20k sf have taken the newest building at Oakland City Center to 62.5% leased. CB Richard Ellis, Symbol Technologies and DASSE Designs have all signed for space in 555 City Center, a 487k sf tower ...
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August 22, 2003 - Flash! Macromedia Buys San Francisco Property 8/22/03 Macromedia Inc, which in 2001 terminated negotiations for a new headquarters building on San Francisco's Potrero Hill, has decided to buy an existing complex across the street from its current location in the city's Design Ce...
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August 21, 2003 - Get Ritchie Quick Scheme 8/21/03 The Oakland office of San Jose-based Ritchie Commercial completed three East Bay sales transactions totaling $6.7 mil and a fourth deal for an undisclosed price.
Bill Welte brokered the sale of two Oakland properties, 1940 W...
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August 20, 2003 - Biotech Firm Buys Foster City Campus 8/20/03 Shoring up the San Francisco Peninsula's reputation as the hub of the nation's biotech industry, Gilead Sciences Inc finalized an agreement to purchase its Foster City campus from a subsidiary of Equity Office Properties Trus...
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August 19, 2003 - Trade Show Operator Trades LA for SF 8/19/03 With local firms continuing to downsize or close, San Francisco got a bit of good news recently with the decision by MediaLive International Inc to relocate its corporate headquarters to the city from Los Angeles. It will als...
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