Your Commercial Real Estate Source in the SF Bay Area
March 21, 2013 Leave a comment
Comparable details:
Address: 180/200 Oyster Point Blvd, South San Francisco, CA
Landlord: Biomed Realty Inc.
Tenant: Life Technologies Corp
SF Leased: 204,900
Pricing: Contact us
Type: Class A Office
Term: 10 years
March 5, 2013 Leave a comment
By Natalie Dolce
SAN FRANCISCO-Locally based private equity investment manager, GI Partners, has purchased a data center-anchored property in Hayward, CA. The investment was made through DataCore LP, a fully discretionary core real estate fund managed by GI Partners.
While the firm could not disclose a price to GlobeSt.com, we did learned that this is the first San Francisco Bay Area acquisition for firm’s DataCore Real Estate Fund. The California State Teachers’ Retirement System created DataCore in 2012 as a core investment vehicle to invest in technology-advantaged real estate in the US, including data centers, internet gateways, corporate campuses for technology tenants and life science properties located in primary MSAs and leased to industry leading tenants, according to a prepared statement. In November 2012, the fund acquired its first asset, Lightwave Corporate Center in San Diego.
According to Michael Wong, VP of GI Partners, “Corporate Research Center is a state-of-the-art Bay Area asset with an excellent tenant roster that continues to demonstrate its commitment to the property by building out extensive data center and other technology-related improvements.”
Read entire Globe St article here.
January 29, 2013 Leave a comment
Comparable details:
Address: 760 Market Street, San Francisco, CA
Landlord: Thor Equities
Tenant: The Obvious Corp
SF Leased: 75,000
Pricing: Contact us
Type: Class A Office
Term: 8 years
This office building is also known as the “Phelan Building”.
November 13, 2012 Leave a comment
Comparable details:
Address: 2900 Atlas Road, Richmond, CA
Landlord: Industrial Income Trust
Tenant: Restoration Hardware
SF Leased: 200,000
Pricing: Contact us
Type: Industrial-Distribution
Term: Contact us
This is a large distribution facility for them which includes 24 loading docks and a ton of trailer parking.
September 19, 2012 Leave a comment
Comparable details:
Address: 435 Valley Drive and 440-448 Valley Drive, Brisbane, CA
Landlord: CALSTRS
Tenant: Williams-Sonoma
SF Leased: 194,334
Pricing: Contact us
Type: Industrial-Distribution
Term: Contact us
Both buildings are across the street from each other in the Crocker Industrial Park. This is one of the largest deals done this year in the North Peninsula market and ensures another major block of warehouse does not enter the market.
September 7, 2012 Leave a comment
Comparable details:
Address: 555 N Mathilda Ave, Sunnyvale, CA
Landlord: JP DiNapoli Cos. Inc.
Tenant: Linkedin
SF Leased: 560,000
Pricing: unknown
Type: Class A Office
Term: 12 years
This is a four building complex that will be constructed after the current buildings are demolished. Linkedin plans on taking possession of the property during Fall 2014.
May 30, 2012 Leave a comment
Comparable details:
Address: 31056 Genstar Road, Hayward, CA
Seller: Tawa Supermarket
Buyer: Win Woo Trading
RBA SF: 108,035
Lot size: 5.94 AC (258,746 SF)
Selling price: $7,070,000 ($65.44 PSF)
Type: Industrial – Distribution Warehouse
May 18, 2012 Leave a comment
Comparable details:
Address: 860 81st Ave, Oakland, CA
Landlord: 860 81st Avenue Associates LLC
Tenant: Deans Services Inc.
SF Leased: 125,137
Pricing: $0.85 mo./psf (estimated)
Type: Warehouse- Refrigeration
Term: 15 years
The building is one of the largest refrigerated warehouses in the Bay Area.
March 23, 2012 Leave a comment
Comparable details:
Address: 48541 Warm Springs Blvd, Fremont
Landlord: Intercontinental Real Estate Corp
Tenant: S&M Moving Company
SF Leased: 61,340
Pricing: $0.45 mo./psf
Type: Warehouse
Term: unknown
S&M Moving is an Arizona-based company which expanded its current location into the adjacent warehouse. Apparently business has picked up since one of its main competitors recently filed for bankruptcy.
March 15, 2012 Leave a comment
Comparable details:
Address: 6121 Bollinger Canyon Road, San Ramon
Landlord: Sunset Development Company
Tenant: Pacific Gas & Electric
SF Leased: 250,000
Pricing: unknown
Type: Office
Term: 10 year lease.
PG&E plans on moving approximately 800 workers to the new office by October. It is a LEED Gold Certified building built in 2003.
