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• June 7, 2001 - Tiny Petaluma on Big Development Binge
6/07/01
The real estate slowdown hasn't deterred Sonoma County developers from initiating new office projects, especially in the small town of Petaluma where demand continues to outpace supply. At least eight new projects are in deve...
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• June 5, 2001 -- Shifting Market Prompts CB to Close Walnut Creek Office
6/05/01
The closure of the Walnut Creek office of CB Richard Ellis and the transfer of the firm's local staff and operations to the Pleasanton office marks a major shift in Bay Area market dynamics. Walnut Creek emerged in the 1980s ...
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• Bay Area Continues to See Sales of Smaller Properties
6/01/01
Though the market downturn has significantly slowed Bay Area investment sales, smaller properties that are priced right continue to find purchasers. Well-leased properties with credit or proven tenants that are offered at pri...
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• May 30, 2001 -- Richmond Riches: Industrial City Successfully Adapting to 21st Century
5/30/01
Richmond, a former industrial city at the north end of San Francisco Bay, is succeeding at transforming itself into a high-tech mecca. Or so says John Troughton, a Cushman & Wakefield agent recently honored by the city as Bro...
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• Southern Santa Clara County Business Park Signs 152k sf Lease
5/25/01
While a lot of Bay Area spec projects are finding it tough sledding at the moment, development of Madrone Business Park in Morgan Hill is moving along at breakneck speed. A new 152k sf lease by contract manufacturer Paramit C...
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• Bay Area Deal Highlights
5/24/01
We'll lead off this latest update with news of a recent office sale in the city, as the Public Policy Institute has purchased the 98k sf Pacific Lumber Building, located at 500 Washington St, close to the intersection with Co...
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• May 23, 2001 -- San Francisco's Biggest Deal of Year Pales in Comparison to 2000
5/23/01
The San Francisco Business Times trumpets a recent lease by Epicentric Inc at the Landmark at One Market as the biggest deal of the year so far in San Francisco. That may be true, but at a mere 75k sf, it looks rather puny co...
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• May 18, 2001 -- Silicon Valley Vacancy Low -- but Availability Climbing
5/18/01
A few months ago, brokers in Silicon Valley were boasting that Silicon Valley was largely immune from the travails besetting San Francisco commercial real estate because Internet businesses played a relatively small role in t...
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• San Francisco News Briefs
5/17/01
Here's a few news items from San Francisco, starting with W.R. Hambrecht's revised plans to expand from 25k sf at 539 Bryant St into a 62k sf historic building at the Presidio, the former Army base that has become part of the...
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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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