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• NoCal Real Estate Owners to Face more Employment Losses
11/25/02
Current business news is hardly encouraging for anyone hoping for a turnaround in the Bay Area commercial real estate market. With yet another group of large companies announcing layoffs, the prospects for a continued rise in...
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• November 22, 2002 - Seeking Security
11/22/02
While most high-tech firms are shrinking or barely holding steady, a few are taking advantage of current events to grow. Among these is NetScreen Technologies Inc, a producer of computer security products that recently signed...
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• November 21, 2002 - Round Table Takes Slice of Concord
11/21/02
When Equity Office Property's East Bay office called out for a pizza, they got a lot more than the pie. They got the whole company, complete with desks, chairs, office staff and company executives. Round Table Pizza, the nati...
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• November 20, 2002 - Movin' on Up
11/20/02
Reversing four consecutive quarters of negative net absorption for manufacturing space, and six consecutive quarters for warehouse, tenants absorbed 1.1 msf of industrial space in Alameda and Contra Costa counties in the thir...
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• November 19, 2002 - Real Estate Booster Shot for the Bay Area
11/19/02
Kaiser Permanente continues its campaign to build a strong body of support facilities, with 80k sf of space added in the last month alone. The Oakland-based health-care organization signed two separate leases at the Regatta B...
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• November 18, 2002 - From Here to Infineon
11/18/02
Mike Crockett and Ron Reinking of the Santa Rosa office of Orion Partners Ltd double-sided a series of six industrial leases at 28929-29259 Arnold Dr in Sonoma. The deals total 10k sf and $412.8k. All of the leases were signe...
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• November 15, 2002 - Sunnyvale Landlord Favors Students over Workers
11/15/02
Taking advantage of both favorable leasing and high unemployment, Brooks College, which specializes in visual communication and information technology, has leased 53.3k sf at 1120 Kifer Rd in Sunnyvale for its first Northern ...
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• November 14, 2002 - Extending Their Shell Life
11/14/02
Two sizable deals buoyed the Walnut Creek market, though compared to other parts of the Bay Area, the market hardly needs a boost. According to Colliers International, the overall 3rd Quarter vacancy level for office/flex pro...
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• Mindjet Ready for Takeoff
11/13/02
The multimedia industry may be in the doldrums, but while the big guns who attempted to cash in during the boom continue dumping employees, some smaller firms that committed themselves to slow and sensible growth are finding ...
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• November 12, 2002 - Maintaining Equity
11/12/02
Executives at Equity Office Properties Trust can breathe a little easier now that two solid tenants renewed existing leases rather than heading off for new locations. Parnassus Investments signed a 16k sf renewal at One Marke...
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• November 11, 2002 - Starboard Lists to the Side of Success
11/11/02
There has been quite a bit of activity at a pair of smaller buildings located in-between two of the most distressed sub-markets in San Francisco (South of Market and the Mission District), which currently are suffering throug...
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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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