The Peninsula Industrial Pros

Your Commercial Real Estate Source in the San Francisco Bay Area

Bay Area Market Update, February Highlights

Headlines:

  • BioMarin Pharmaceutical Inc. has signed a ten-year lease for 120,000 s.f. in the San Rafael Corporate Center.
  • American Assets, a San Diego-based REIT, has purchased One Beach Street for about $36.5 million or $376 per s.f. 
  • StumbleUpon Inc. has signed a 63,000 s.f. lease at 301 Brannan St in SoMa. 
  • In an effort to consolidate their Palo Alto offices, Barnes & Noble signed a lease for almost 208,000 s.f. at VMware’s old facility at 3400 Hillview Ave. 
  • Flextronics has inked a deal for roughly 130,000 s.f. at America Center in San Jose.

     

    Read the entire Market Update:  bay-area-market-update_02_2012

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