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• Market Center Lands on the Market
2/13/03
As anticipated by local observers, Tishman Speyer has put the 770.4k sf Market Center on the block to avoid foreclosure. The 2-building complex at 555-575 Market is 80% vacant, with one building totally empty, despite recent ...
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• February 12, 2003 - REI Hikes into Former San Francisco Dot Com Building
2/11/03
Levin Menzies & Associates, a Walnut Creek development and investment company that owns several buildings in central San Francisco, has had a brief run of good luck. It found a buyer for a Financial District office building i...
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• February 10, 2003 - Hopes Re-Bloom for Emporium Building
2/10/03
Less than a month after announcing elimination of the luxury hotel component from the proposed Bloomingdale's-anchored mall in the shell of San Francisco's historic Emporium building, developer Forest City California revealed...
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• February 10, 2003 - Not to Trot
2/10/03
Last year may have been the Year of the Horse according to the Chinese Lunar calendar, but Year of the Pony was closer to the truth when it came to the Bay Area commercial leasing market. Small leases were the order of the da...
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• February 7, 2003 - Happy Anniversary for Petaluma Business Park
2/07/03
It took a year, but San Francisco-based RNM Properties finally landed a tenant for its newly developed 90k sf, two-building office campus at Lakeville Business Park in Petaluma. Blasland, Bouck & Lee Inc, an environmental eng...
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• Oakland Warehouse Looking Better with Starlite
2/06/03
Craig Hagglund of Lee & Associates East Bay Inc partnered with two in-house colleagues to complete two Alameda County leases totaling nearly 40k sf.
In the first deal, Starlite Plastic Manufacturing Inc took about 19.2k sf ...
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• Innoventry Added to Foreclosed Inventory in SOMA
2/05/03
It seemed inevitable that developers of San Francisco's dot-com buildings would begin to lose control of their properties, even though most have managed to hang on so far. But now, one of the city's most prominent high-tech l...
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• Carpet Company Signs Banner 287k sf Hayward Lease
2/04/03
In one of the largest Bay Area leases of the past 18 months, Georgia's Mohawk Carpet Distribution took down 287k sf of warehouse space on Huntwood Ave in Hayward. The space features 3k sf of offices along with 16 dock doors a...
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• February 3, 2003 - Changing History
2/03/03
Two Bay Area landmarks received provisional reprieves at the end of January. In San Francisco, an advisory committee recommended a proposal by a local team seeking to convert the historic U.S. Mint at 5th and Mission streets ...
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• January 31, 2003 - Investors Finding Attractive Opportunities in the San Francisco Buy Area
1/31/03
Two sales at less than $100/sf, one in Sonoma County and one in San Francisco, demonstrate the kind of opportunities available for both investors and users in today's Northern California market.
On the user side, NAK Enginee...
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• January 30, 2003 - Establishing a Hall Mark
1/30/03
The success of Northern California's wine industry continues to attract both investors and vintners. Among them is an increasing number of professionals from other fields looking to combine real estate opportunities and tax ...
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• January 29, 2003 - Cupertino Coup
1/29/03
Borland Software Corp has decided to relocate its headquarters from the Santa Cruz Mountains to the heart of Silicon Valley. The company, which built a large campus in Scotts Valley more than a decade ago, signed for 61.3k sf...
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• January 28, 2003 - On the Move
1/28/03
In good news for brokers but not necessarily for landlords, leasing activity appears to be picking up in San Francisco. The problem is that most deals consist of tenants moving from one location to another rather than the add...
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• January 27, 2003 - Learning the Basics in Retail Leasing
1/27/03
Furniture 101, a family-run furniture retailer from Cotati, has signed a five-year lease for 20k sf in Marin County to house its third North Bay store. Additional stores in other Bay Area locations are in the cards, as the co...
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• January 24, 2003 - Goodbye San Francisco
1/24/03
The Oakland office of Colliers International has brokered a 10-year industrial lease for 81.8k sf at 2230-42 Davis Ct in Hayward to Frase Enterprises Inc. Colliers represented both sides of the transaction. Though the value o...
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• January 23, 2003 - Big Breakthrough in Oakland
1/23/03
Taking 101k sf in a proposed project at 20th and San Pablo in downtown Oakland, the Alameda County General Services Agency has signed one of the largest Bay Area office leases in the past 18 months. The 30-year deal, which ha...
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• January 22, 2003 - Shoring Up Sacramento
1/22/03
Shorenstein Co LP, San Francisco's largest commercial landlord, extended its empire to Sacramento with the purchase of U.S. Bank Plaza, a 445k sf office tower in the state capitol's downtown. The company reportedly paid about...
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• January 20, 2003 - Rockefeller Uncentered
1/20/03
Still another proposed Bay Area office project may instead become housing. New York's Rockefeller Group Development Corp and San Jose's Kimball Small Properties have breached a contract with the San Jose Redevelopment Agency,...
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• January 17, 2003 - Tenants Get the Point
1/17/03
Colliers International brokered two warehouse/distribution leases in Richmond's Pinole Point Business Park totaling nearly 100k sf. The deals include a 54k sf lease by Quebecor World Logistics Inc and 43.8k sf lease by Intern...
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• The French March into Redwood City
1/16/03
Unlike the real estate depression of the late 1980s when defaults were a common occurrence, the current market debacle has so far resulted in few instances of owners' losing their properties. However, the recent decision by a...
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