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• December 17, 2002 - Balancing Acts
12/17/02
Although another Bay Area tenant has to buy itself out of a long-term lease due to business difficulties, the news at least is balanced by the announcement of a New Jersey software firm that it is moving into, rather than out...
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• December 16, 2002 - Lofty Aim
12/16/02
Most developers of live-work projects privately, if not publicly, acknowledge that the work half of the equation usually comes in to play only when residents bring work home from the office in the evening. In effect, the spac...
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• December 13, 2002 - Rx for Bayer Diagnosis is Consolidation in Bay Area
12/13/02
Bayer Diagnostic Group's 10-year lease for a newly completed 75k sf building at 725 Potter St in Berkeley represents an overall expansion of about 20% for the bioscience company, but it also means another loss for neighboring...
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• December 10, 2002 - Novato Space Give Back Creates QuantumShift in the Market
12/09/02
Three Bay Area telecom companies have chosen to pay the price of breaking their leases rather continuing to pay rent for space they no longer need or looking for subtenants. The actions put more than 120k sf back on the marke...
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• December 9, 2002 - Changed Itinerary, Delayed Takeoff for Bay Area Airport Projects
12/08/02
The market slump has put a crimp in plans for two Bay Area airport-related projects. In Oakland, Simeon Commercial Properties has asked the Port of Oakland for permission to reduce the office portion of a proposed 22-acre bus...
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• Two Big Retail Listings Get Wald in at BT
12/06/02
BT Commercial Real Estate's Dan Wald has been awarded the exclusive listing assignments for two significant Bay Area retail properties. The first property, Pacific Entertainment Retail Center, is anchored by the Century 20 Da...
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• December 6, 2002 - Engineering Growth
12/06/02
Construction may be down, but some construction-related businesses are nonetheless managing to continue growing. Two Sonoma County engineering firms are among those that recently announced significant office expansions.
Winz...
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• December 4, 2002 - Mutual Agreement
12/04/02
The slow economy may have persuaded most companies to stake out a conservative financial position, but a few firms still place prestige and views above savings. Which is why asset manager Dodge & Cox is willing to pay a repor...
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• December 3, 2002 - Qwest Fails in South Bay
12/03/02
Qwest Communications International Inc has agreed to sell a Sunnyvale property for 20% of the price it paid to acquire the building last year. The Denver-based company, which is the subject of a Congressional inquiry regardin...
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• December 2, 2002 - Basin Filling in Northern Bay Area
12/02/02
Petaluma-based Basin Street Properties, which bills itself as the leading developer of commercial and mixed-use properties in Sonoma, Marin and Napa counties, signed new office leases with Berkeley Insurance and the County of...
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• California's Answer to High Vacancies
11/29/02
At the same time a private developer is contemplating converting a San Francisco office project to housing because of the slow market, a state agency announced development of a new 267.3k office building four blocks away.
Ch...
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• Businesses Play Musical Chairs for Manufacturing Space at East Bay Facilities
11/27/02
Two leases totaling more than 50k sf enlivened the Richmond real estate market. Unfortunately, because both involved existing tenants relocating from other locations in the city, they will have minimal impact on the local vac...
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• Unmanufactured Housing
11/26/02
In another sign of the economic shifts taking place in San Francisco, two industrial buildings sold recently with one certain to be converted to residential use and the other likely to be. Though the city's industrial market ...
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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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