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• May 16, 2001 - Crossing the Finnish Line: Nokia Changes Mind, Will Go to Santa Rosa
5/16/01
Santa Rosa architect-developers Simons & Brecht must think negotiating with Finnish telecom giant Nokia is a bit like pulling petals off a daisy: They love us, they love us not, they love us... Less than two months ago, the ...
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• Ziggurat Signs $175 Mil Juggernaut of a Deal
5/15/01
In what is reported to be the largest deal in West Sacramento in recent history, the State of California's General Services Administration has signed an 18-year, $175 mil sublease for 319.5k sf ($2.54/sf/mo) of space in the c...
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• Changing Market Calls For Changing Tactics
5/14/01
We've all heard quite a bit in the last few months about how the Bay Area office market has been hit especially hard in the recent tech-turnaround, due to the number of companies that have made dramatic cutbacks in their spac...
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• May 11, 2001 - Military Maneuvers Through Bay Area Base Conversion Process
5/11/01
The battle to convert the Bay Area's numerous decommissioned military bases to civilian use made major advances over the past couple of months. In Vallejo, local officials signed an agreement giving the city ownership of a la...
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• Bay Area Deal Update
5/10/01
Lathrop – Tacoma, WA-based Premier Industries has signed a 12-year, $7.5 mil lease for a 136.6k sf ($0.38/sf/mo) industrial space at 601 Nestle Way, in the Crossroads Commerce Center, north of the confluence of the 5 and 280 ...
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• Crosby Heafey Signs $50 Mil Renewal at Lake Merritt Plaza
5/09/01
Crosby, Heafey, Roach & May, one of California's biggest law firms, has signed a $50 mil lease renewal at Transpacific Development Company's Lake Merritt Plaza, a 460k sf office tower at 1999 Harrison St in Oakland. The struc...
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• May 9, 2001 - San Francisco Office Market Continues to Slide
5/08/01
The San Francisco office vacancy rate climbed to 8.17% in the first quarter, according to the most recent report from Whitney Cressman Ltd. While that may not look so bad, compared to last year's first quarter level of 2%, it...
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• May 4, 2001 - Call of the Child: Oakland Port Selects Native Son to Expand Jack London Square
5/04/01
The second time was the charm for Oakland in lining up a master developer for the second phase of Jack London Square. Having failed to come to an agreement with the original choice, in April the agency successfully concluded ...
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• Trammell Crow Wins Over Other e-Bay Bidders
5/03/01
Trammell Crow Company Northern California has been awarded the management contract for e-Bay's 461k sf of space at the Greylands Business Park, at 1550-2145 Hamilton Ave, between Bascom and Leigh Aves in San Jose. E-Bay owns ...
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• East Bay Developers Struggling to Find Tenants
5/02/01
Wareham Development, one of the most -- if not the most -- active builders in Emeryville, has had a lot to boast about, with its success in leasing up EmeryStation North, the most recent phase of its EmeryStation project on P...
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• April 27, 2001 - San Francisco
4/27/01
It looks like nobody got the ugly stick in San Francisco's annual beauty contest, which awards development approvals for new downtown office projects over 50k sf. When last visited, two competitors were vying for the final sq...
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• There's More Than Chopped Liver to Livermore
4/26/01
Things aren't as slow in Livermore as they are in many of the other Bay Area markets, a situation that can be attributed to a combination of comparatively low costs, room to build and grow, and a location at the gateway betwe...
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• April 20, 2001 - April Showers Good News on San Francisco Port
4/20/01
April may be the cruelest month for T.S. Eliot, but for the Port of San Francisco it's proving quite bounteous. The agency just reached two significant milestones in its ongoing effort to open the city's waterfront for use by...
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• Phase I of Recently Completed Fairfield Center is on the Block
4/19/01
Here's news of a recent retail development that has been put on the market. Phase I of Gateway Courtyard, a 151.2k sf “lifestyle” shopping center at 1600 Gateway Blvd in Fairfield, with excellent access from the 80 Fwy, is be...
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• April 18, 2001 - Cisco Makes Some Tough Decisions in the Tri-Valley Area
4/18/01
In yet another sign of a faltering economy, Cisco Systems Inc purchased 230k sf of offices in Pleasanton but called at least a temporary halt to an 860k sf campus in Dublin. While it's tempting to look on the acquisition as a...
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• Classic Opportunities in San Francisco
4/17/01
Despite the rapid cooling in the city's office market, a number of San Francisco owners and developers are moving forward with renovation projects of older buildings that were started before the market turned. Until the fourt...
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• April 13, 2001 - Bay Area Tenants Say Good Buy to Landlords
4/13/01
Bay Area rents may be dropping, but rather than counting on the trend continuing, some companies are using the period of declining values to buy their own properties, avoiding the possibility of getting stuck with high rates ...
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• Biotech Ills May Threaten Health of Bay Area Real Estate Market
4/11/01
The biotechnology industry, it appears, will not be coming out with a cure for the Bay Area's declining market, as some people had hoped. Though several biotech biggies have taken steps toward growing even bigger, the industr...
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• Potrero Hill a Big Mountain For SF Developers to Climb
4/10/01
The hyper-level of leasing activity in San Francisco's South of Market area over the past few years, until the u-turn in activity that came about in the latter part of last year, has spawned additional development in neighbor...
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• April 6, 2001 - Berkeley Bucks the Trend
4/06/01
Berserkeley. That's the term frequently applied to Berkeley, especially since the collapse of Communism made the People's Republic of Berkeley sound passé. But there's not much crazy about a city that maintains an office vaca...
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