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• November 8, 2002 - Shorenstein Shoring Up City Center
11/08/02
Shorenstein Co LP has managed to bring the new 555 City Center to 30% leased six months after opening. Given the current state of the market and the fact that the 487.2k sf building opened with barely 35k sf accounted for, th...
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• November 7, 2002 - Sound Investment
11/07/02
At least one San Francisco tech company is growing. Dolby Laboratories purchased a 71.2k sf building at 1590 Bryant St while retaining its existing facilities at 100 Potrero Ave and 999 Brannan St. The sound system firm, howe...
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• November 6, 2002 - New Bay Area Assignments for BT and Colliers
11/06/02
Brokers at BT Commercial and Colliers International now have even more desire to see the markets in NoCal pick up as they just landed two interesting listings. In southwest Santa Rosa, BT was hired by Insignia and Prudential ...
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• November 5, 2002 - Peninsula Penance
11/05/02
As the site for dozens of large multi-media enterprises, the San Francisco Peninsula benefited greatly from the dot-com boost. Now it's suffering equally greatly from the bust, with more than one in four office buildings empt...
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• November 4, 2002 - Sonoma Developer Boasts Major Discovery
11/04/02
Simons & Brecht's risk in bringing a new property to market at the market's lowest point in years has paid off. Discovery Office Systems signed a five-year lease for about 25k sf of office and warehouse space in a 37.9k sf fl...
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• November 1, 2002 - Home Builder Finds New Home
11/01/02
The commercial market may be in the tank, but Bay Area home builders are going like gangbusters. Among them is Brookfield Homes, which just signed an 87-month lease for 11.7k sf at Mt. Diablo Financial Center in Danville. The...
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• October 31, 2002 - End of an Era
10/31/02
In a major expansion move, Ritchie Commercial Real Estate is relocating from the building at 41 Sutter St in San Francisco that bears its name to a ground-floor suite at 351 California St. The new space is 4.5k sf, compared t...
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• October 30, 2002 - New Barn for Williams-Sonoma Pottery
10/30/02
The Gap may be struggling, but sales and revenues are rising for San Francisco's other major locally based retailer, Williams-Sonoma Inc, which owns the Williams-Sonoma, Pottery Barn, Pottery Barn Kids, Hold Everything and Ch...
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• October 29, 2002 - Building Firms Lay Foundation for Future
10/29/02
Colliers International has brokered two sales at Pleasanton Business Park, a 30k sf industrial condo project at 440 Boulder Ct in Pleasanton. Custom Exteriors Inc, a contracting firm that currently leases space at 6785 Sierra...
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• October 28, 2002 - Tenant Found for Foundry
10/27/02
Wilson Equity, the partnership between the locally based William Wilson & Associates and Chicago's Equity Office Properties, finally landed a major tenant at Foundry Square II, a 502.2k sf building nearing completion at 2nd a...
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• Blackstone and Glenborough Shopping SF's Rincon Center
10/25/02
Here's news about a couple of major property listings with Bay Area ties. One of the listings is for a large mixed-use property in San Francisco, offered up by a Blackstone Group partnership, and the other listing is for an 1...
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• October 24, 2002 - Historic Sale
10/24/02
The Computer History Museum computed a little history of its own with its recent purchase of a 119k sf building on 7.5 acres at 1401 Shoreline Blvd in Mountain View. The museum paid $24.4 mil, or $205/sf, for the eight-year-o...
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• October 23, 2002 - Ferry Successful Negotiation
10/23/02
Confirmation is lacking, but the San Francisco Business Times says Wilson Meany, master developer for the $80 mil renovation of San Francisco's Ferry Building, has signed letters of intent with real estate law firm Coblentz, ...
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• October 22, 2002 - Orion Shines in North Bay Transactions
10/22/02
Orion Partners Ltd. completed six office deals in Marin and Sonoma counties totaling nearly 52k sf. Orion double-sided all but one.
In Marin, Haden Ongaro handled both sides of a lease by Hall Kinion Associates for 17.5k sf ...
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• Lend Lease/PwC Studies Predict Slow Turnaround for SF
10/21/02
An annual study by Lend Lease Real Estate Investments and PricewaterhouseCoopers predicts the weak economy and its related effects will soften the U.S. commercial real estate markets for at least another year but says the Bay...
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• CarrAmerica Drives into 90k sf Palo Alto Office Complex
10/21/02
CarrAmerica Realty Corp acquired two, two-story, Class A office buildings totaling 89.6k sf at 3075 Hansen Way in Palo Alto. The acquisition, which includes a long-term ground lease, reportedly cost $31 mil ($346/sf).
The re...
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• October 18, 2002 - Washington Mutual Evolves Into Emeryville
10/18/02
Hard-pressed Emeryville, with an office vacancy level of about 30%, got a boost from one tenant and a bust from another.
On the plus side, Washington Mutual Bank signed on for 35.4k sf of office space at EmeryTech, 1 210k sf...
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• October 17, 2002 - Simeon Resigns Signature in Richmond
10/17/02
Richmond, which is doing comparatively well in terms of commercial real estate but continues to suffer economically from high levels of poverty, received welcome word that Signature BioScience signed a three-year extension of...
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• October 16, 2002 - Solar Depot Moves Up the Tracks
10/16/02
With the recent power crisis spurring sales to more than $15 mil in the past two years, Solar Depot Inc, a wholesaler and integrator of solar energy systems, has decided to relocate its headquarters from Marin County to a 25....
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• October 15, 2002 - Colliers' McManus Completes 346k sf of Deals in September
10/15/02
John McManus, a director in the Oakland office of Cushman & Wakefield, completed two transactions in September. He represented HSQ Technology in a lease with Equity Office Properties in Hayward and Iron Mountain in the purcha...
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