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November 29, 2023
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NORTHERN CALIFORNIA NEWS
Archive
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• Sparkle at Emerald Glen Park Turns into a Twinkle
9/12/01
Less than a half year ago, the Alameda County Surplus Land Authority was celebrating its success in attracting several large tech companies to its Emerald Glen business park in Dublin. Sybase, Commerce One, Oracle, Cisco Syst...
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• September 7, 2001 - Investors Hope to Take Advantage of Bay Area Woes
9/07/01
Tenants are not the only ones to benefit from the current downturn. A small group of businesses and investors have also benefited as property prices drop in sync with declining rents. The group is small for the simple reason ...
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• September 5, 2001 - Colliers and Starboard Say Bottom in Sight for San Francisco
9/05/01
Though it's somewhat a minority viewpoint, at least two real estate brokerage firms believe the worst is over for San Francisco. Or rather almost over. Both Colliers International and Starboard Commercial see signs of bottomi...
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• August 31, 2001 - Record Petaluma Land Sale
8/31/01
The developer of the 20-acre Park Central mixed-use project in Petaluma has sold 8.34 acres to Atlanta-based Trammell Crow Residential for $9.15 mil. The $25.18/sf purchase price is the highest ever paid in the Sonoma County ...
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• August 29, 2001 - San Francisco Industrial Market Holding Its Own
8/29/01
At least one area of San Francisco has maintained a reasonably high level of leasing activity. According to Scott Mason, a principal with HC&M Commercial Properties Inc, the Bayshore industrial area continues to attract tenan...
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• Insignia/ESG and Colliers Seeley Pros Marketing Bay Area Office Properties
8/24/01
A few recent office property listings in the Bay Area caught our eye, and we thought we'd pass them on to you. In one, the Insignia/ESG Capital Advisors Group team of David Doupe and Larry Krasner has been retained to market ...
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• August 24, 2001 - Bay Area Decline Produces Winners as Well as Losers
8/24/01
The pink slips keep coming. Companies throughout the Bay Area continue to downsize, making it less and less likely we'll see any kind of turnaround any earlier than next spring -- and possibly, even probably, much later than ...
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• August 22, 2001 - San Francisco Observers Say
8/22/01
Can it be true? According to the San Francisco Business Times, the 46.7k sf lease law firm Covington & Burling signed at One Front St in San Francisco is the second largest deal in the city this year, the largest being Epicen...
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• August 17, 2001 - Industrial Strength City - Oakland Industrial Market Maintains Vigor
8/17/01
Though most Bay Area markets are struggling, the Oakland industrial market appears to be faring quite well, judging by two recent transactions involving the Oakland office of Colliers International. In the first, Norm Eggen o...
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• The Force is With Lucas as He Reaches Agreement With Presidio
8/15/01
The military's large-scale abandonment of the Bay Area (nine bases were closed) opened up some pretty impressive development opportunities, which are finally moving toward action. In San Francisco, the Presidio Trust reached ...
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• August 10, 2001 - Corporate Moves Add Bustle to Southern Alameda County
8/10/01
Southern Alameda County has been buzzing with a fair amount of corporate activity of late mostly, but not entirely, positive. Under the not-so-positive category is the decision by Asyst Technologies Inc to table plans for a...
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• August 8, 2001 - Richmond Gets Justice
8/08/01
San Rafael's Wareham Property Group has found a tenant to take over the 68k sf of flex space that Pixar Animation Studios relinquished earlier this year when it moved into its new headquarters campus in Emeryville. The new te...
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• August 3, 2001 - Colliers Lands Major Leasing Contracts
8/03/01
A major REIT and a Northern California developer have handed major leasing assignments to various offices of Colliers International. Chicago-based RREEF awarded the Fairfield and Walnut Creek offices of Colliers a portfolio t...
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• August 2, 2001 - Sun Sells, Cisco Buys
8/02/01
Two of Silicon Valley's biggest companies have taken divergent routes regarding ownership of some properties. Sun Microsystems Inc, which took its first loss in several years in the second quarter of 2001, has put its former ...
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• New Proposals for San Francisco Waterfront
7/27/01
San Francisco's Dogpatch district between Potrero Hill and the waterfront may soon become the city's next development frontier. Two development teams recently submitted proposals for projects within what the port calls the Pi...
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• July 25, 2001 - Party Like It's 1999
7/25/01
Judging by current rents in San Francisco's South-of-Market district (SOMA), last year might just as well not have happened. We could have stayed in the 20th century and skipped the Internet revolution altogether. As a recen...
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• Bay Area Office Market Briefs
7/24/01
We'll lead off this report with news of a big office building that is reportedly being put on the market, as Atlanta-based TMW Group is said to be testing demand for their 512k sf office tower at 333 Bush St, in San Francisco...
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• July 20, 2001 - Silicon Valley Statistics Do Not Compute: Vacancies Pass 10%
7/20/01
Though it can hardly be termed a surprise, a second-quarter report from CPS Commercial Property Services reveals a substantial rise in Silicon Valley R&D vacancies and an even more substantial decline in rents. The brokerage ...
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• Lease Turns Over Two Properties to Big Services Company
7/19/01
Jones Lang LaSalle, one of the biggest real estate services firms in the world, was awarded management contracts for two Lend Lease office properties, with over 400k sf of space between them, in the Bay Area. The properties a...
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• July 18, 2001 - New Project Pumping Up San Leandro Office Inventory
7/18/01
When discussing Bay Area office markets, San Leandro rarely crops up. It's made its mark in the industrial and, to a lesser extent, retail arenas. But of late the small city, wedged between Oakland and Hayward, has begun to m...
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