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• July 22, 2002 - Sun Sets in Palo Alto
7/22/02
Following six months of negotiations, Sun Microsystems Inc has reached an agreement to sell its original Palo Alto headquarters to Campus for Jewish Life, a partnership between the Jewish Community Federation and the Jewish C...
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• July 19, 2002 - Swedes to Invade Dublin?
7/19/02
Yet another Bay Area office site is being considered for rezoning to other use. The Dublin City Council directed local planning officials to conduct a land use study of a 27.4-acre site near Hacienda Crossings to determine it...
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• July 18, 2002 - Pixar Picks Up the Pace
7/18/02
Pixar Animation Studios Inc informed Emeryville officials of intentions to move forward with expansion plans for some 200k sf of additional space adjoining its headquarters at 1200 Park Avenue. The company's original plans, s...
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• July 18, 2002 - Shea It Isn't So
7/18/02
Shea Homes has sold its half interest in 1,386 acres in North Livermore to its partner, Weyerhaeuser Realty Investors. The price was not disclosed. Shea and Weyerhaeuser have jointly tried to develop the land for 13 years, bu...
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• July 17, 2002 - Half a Million More Square Feet to Become Available in Bay Area
7/17/02
Just what the Bay Area real estate industry doesn't need is another 700k sf of dumped space to deal with. Unfortunately, that's exactly what it got with the abrupt closing of Robertson Stephens Inc in San Francisco, a decisio...
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• Equity Office Properties News
7/16/02
Recent media sources abound with reports of big doings at Equity Office Properties Trust, the nation's largest office REIT. First off, there have been a slew of financial happenings in connection with the company's Cumulativ...
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• July 15, 2002 - Stony Point gets Past Rocky Situation
7/15/02
When Advanced TelCom Group (ATG), the largest tenant at Stony Point Business Park in Santa Rosa, filed for bankruptcy in May, it gave up 62.8k sf at 110 and 120 Stony Point Rd. Though landlord Simons & Brecht worried the soft...
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• BT Commercial Takes Over Pair of Regus Centres in the Bay Area
7/12/02
Regus, the British-based operator of executive office suites, has appointed BT Commercial to market its Redwood Shores and San Bruno, California locations. Both locations are full floor spaces of approximately 25k sf. In Redw...
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• NoCal Retail Briefs
7/12/02
EL CERRITO (Contra Costa County) – Specialty market chain Trader Joe's inked a 10-year deal for 11k sf at El Cerrito Plaza, a 318k sf shopping center at San Pablo Ave and Fairmont St, owned by Regency Centers, the giant Flori...
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• July 11, 2002 - Church Bells Ring for Oakland Military Site
7/11/02
It's official. Following up on a story we posted on July 2, Greater St. Paul Baptist Church was declared the highest bidder for the former Oak Knoll Naval Hospital in Oakland, with a purchase offer of $22.5 mil. The 174-acre ...
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• July 11, 2002 - Flooding the Market
7/11/02
A major mixed-use project has been proposed for downtown San Jose. San Jose Land Co, the real estate arm of the corporation that owns the San Jose Water Co, has filed an application with the city and its redevelopment agency ...
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• July 10, 2002 - Legal Action Brings Favorable Results for Equity Office Properties
7/10/02
In 1998 with San Francisco rents escalating to sky-high levels, a law firm that had been in the city for half a century reluctantly chanced moving across the bay to Emeryville. Four years later, it has opted to meet its expan...
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• July 9, 2002 - Palm Shoots New Fronds
7/09/02
In the largest office/R&D lease action in Silicon Valley so far this year, Palm Inc subleased nearly 250k sf in two separate deals. The Santa Clara-based handheld computer manufacturer relieved Cisco Sytems Inc of 153.3k sf a...
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• Shorenstein Draws Pair of Kings
7/08/02
Slowly but surely Shorenstein Company is moving closer to getting 555 City Center, the 21-story, 480k sf high-rise completed this past spring, leased up. Located directly above the 12th St BART station and only about five blo...
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• July 5, 2002 - Biotech Boost
7/05/02
A report from the Economic Development Alliance for Business, the Bay Area Bioscience Center and Alameda, Contra Costa and Solano counties reveals the three counties are home to 164 biotech companies, with both the number of ...
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• July 5, 2002 - Absorbing the Truth
7/05/02
Though the 2nd quarter report from Grubb & Ellis says the San Francisco office market is showing signs the two-year slide may be coming to an end, the claim may be little more than wishful thinking. The fact is, virtually eve...
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• July 3, 2002 - Vintage Transaction
7/03/02
An end-of-July closing is anticipated for the sale of the 200-acre Concannon Vineyard at 4590 Tesla Rd in Livermore to the San Francisco-based Wine Group. Founded in 1883, Concannon is one of the oldest wineries in the U.S. T...
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• Former Naval Hospital Receives Healthy Bids
7/02/02
The price jumped $4 mil in the final 11 minutes of bidding for the former Oak Knoll Naval Hospital site in the Oakland Hills, hitting $21 mil by official closing time on Thursday June 27. However, a so-called rollover process...
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• June 28, 2002 - Colliers Gets Spec Project Leasing Assignment
6/28/02
The Pleasanton office of Colliers International has won the sale and leasing assignment for the new Sand Creek Business Center in Brentwood, a rapidly growing community in eastern Contra Costa County near the edge of the Cent...
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• Orion Singing Marin the Money
6/27/02
Two broker teams from Orion Partners Ltd completed a lease for 27.7k sf at 950 Northgate Dr in San Rafael, a very large deal by current Marin County standards. In the best of times, a very large Marin lease usually means 100k...
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