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• It's Time to Head Back to San Francisco's Landmark Ferry Building
6/26/03
In a public ceremony in front of San Francisco's Ferry Building on June 17th, SF Mayor Willie Brown, along with representatives from the Port of San Francisco and Ferry Building Investors LLC, re-developers of this landmark p...
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• June 25, 2003 - Achieving Equity: REIT Signs New Deals in San Rafael
6/25/03
Equity Office Properties Inc has signed two new leases totaling 11.3k sf at San Rafael Corporate Center in downtown San Rafael. The deals bring the 155k sf first phase of the planned 285k sf project to 31% leased. National On...
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• Slanted Door Signs Straight-Up Lease at Ferry Unique SF Landmark
6/24/03
In a major coup for the San Francisco Ferry Building, high-profile Vietnamese restaurant The Slanted Door signed for 8.2k sf in the recently revamped landmark property. The deal makes the popular eatery the property's largest...
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• Food Company "Thais" Up Site
6/23/03
Brokers from the Oakland office of CB Richard Ellis represented both sides in the purchase of a 158k sf facility on 11.7 acres at 30315 Union City Blvd in Union City. Epicurean International Inc/Thai Kitchens bought the prope...
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• Currier Square Delivers Big Retail News from Oroville
6/23/03
There was a newsworthy retail sale in Oroville, a NoCal burg roughly 70 miles north of Sacramento that we don't get too many chances to report about on the site. Known as the “City of Gold” (at least on some non-official city...
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• Bay Area Retail Trifecta
6/20/03
Following close upon the heels of the sale of Sunnyvale Town Center and the Great Mall of the Bay Area in Milpitas, three more Silicon Valley shopping centers have been sold. In Cupertino, a group of local investors bought th...
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• June 19, 2003 - Coming In For a Landing
6/19/03
Three Marin County professional service firms signed leases at Hamilton Landing, a 550k sf office campus in Novato fashioned from historic airplane hangars at the former Hamilton Naval Air Station. The deals bring occupancy i...
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• June 18, 2003 - Foundry Deal Forges High Price
6/18/03
Cottonwood Partners, backed by the Utah State Retirement Fund, reportedly has purchased Foundry Square IV, a 232k sf office building at 500 Howard St in San Francisco. According to the San Francisco Business Times, the buyer,...
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• June 17, 2003 - South Bay Sale Hits New Low Water Mark
6/17/03
In a deal that appears to be a new low water mark for Silicon Valley R&D property, a partnership controlled by Campbell-based South Bay Development Co reportedly is in contract to purchase five buildings and 4.74 acres of ind...
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• June 16, 2003 - Northern Exposure
6/16/03
Cushman & Wakefield inaugurated its fifth Bay Area office. The New York-based commercial real estate brokerage opened an office at 1000 Fourth St in San Rafael's Courthouse Square to serve Marin, Sonoma, Napa and Solano count...
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• June 13, 2003 - Bargain Basement Tenant
6/13/03
In a surprise move, the Presidio Trust signed Sports Basement Inc to a five-year lease for 80k sf in the former commissary building at the Presidio in San Francisco. The lease, which includes a 5-year renewal option, makes th...
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• Lennar's First Sale at Former Naval Base for a Mare 10 Acres
6/12/03
Lennar Mare Island LLC, a division of Florida's Lennar Property Corp established to convert 650 acres of the former Mare Island Naval Base in Vallejo to civilian use, made its first property sale. Earthquake Protection System...
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• June 11, 2003 - To Market, To Market
6/11/03
In San Francisco news, local investor Leslie Tang Schilling has purchased a 15-story, 71k sf office building at 625 Market St. from Rawson, Blum & Leon for $16 mil, or $225/sf. Located at the corner of New Montgomery St, the ...
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• June 10, 2003 - It's Not Monopoly Money
6/10/03
The Milpitas City Council and the city's Redevelopment Agency approved the $135 mil purchase of 35.5 acres of Santa Clara County surplus land surrounding Elmwood Correctional Facility. The property at South Abel St and Great ...
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• June 9, 2003 - Bay Area Lease Roundup
6/09/03
In a roundup of various Bay Area deals, Bank of America and Raines, Melton & Carella Inc signed leases at Walnut Creek's 3 Ygnacio Center for 10.9k sf and 11.2k sf, respectively. The transactions bring the 163k sf building to...
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• Hayward Heating Up
6/06/03
Thanks to its central location, competitive rents and abundance of property, Hayward remains the most active market in the Bay Area. According to Colliers International, the city's overall industrial vacancy rate decreased fr...
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• June 5, 2003 - Goff Clubs Market
6/05/03
The deflation in Bay Area real estate values caused by the dot-com bust has enabled a Marin County company that has been searching for a building since the late '90s to finally realize its goal. The Goff Corp, which owns and ...
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• June 4, 2003 - Whine Industry
6/04/03
The dot-com industry is not the only high-profile element of the Bay Area economy whose decline has led to a significant drop in real estate values. A report from the UCC Group in Napa reveals vineyard prices fell almost 20% ...
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• More Small Business Owners to Enjoy Real Estate Ownership in Bay Area
6/03/03
Commercial landlords, already burdened with declining rents and increasing vacancies, are facing additional competition from a burgeoning group of entrepreneurs developing industrial and office condominium projects targeted t...
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• June 2, 2003 - Nave Maneuvers
6/02/03
Central Novato is losing a major local retailer to a suburban strip center. Pini Hardware, which has been a downtown fixture for 70 years, signed a 15-year lease for 25k sf in Nave Shopping Center at 1535 South Novato Blvd. T...
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