Prologis to Build First Multistory Warehouse in the U.S.
Developers are having a harder time finding space for new warehouses in increasingly crowded and expensive U.S. cities. Their answer: build upward. Prologis Inc., the world’s biggest warehouse owner, is … Continue reading
Black Mountain Properties Sells San Carlos Business Park for $61.1 Million
After 20 years of ownership, Black Mountain Properties has sold the San Carlos Business Park in San Carlos, CA to The Pillar Group out of Mountain View, CA for $61.1 … Continue reading
San Francisco Industrial Q2 Report
Here’s an excerpt from the report: The San Francisco industrial market contracted modestly in the second quarter of 2016, with 141,800 square feet of negative net absorption raising the vacancy … Continue reading
Heavy Industrial Demand And Limited Supply Jolt Sales
Tremendous investor demand and a limited supply pipeline continue to make the Bay Area a sought-after industrial location. The sale of one of only six mega-distribution facilities is a recent … Continue reading
The McGuire Building in San Francisco Sells for $47MM, Will be Redeveloped for PDR Use
San Francisco, Calif. (February 23, 2016) – The McGuire Building, located at 1201 Bryant Street in San Francisco, has sold for $47 million. Kidder Mathews commercial real estate brokers, Gary … Continue reading
Kidder Mathews Q2 Peninsula Industrial Report
After crunching the numbers, here’s the report. Bottom line is pricing, both in leasing and sales, continue to head north fueled mostly by limited supply and increases in sales and … Continue reading
Prologis, Norges Acquire KTR Capital for $5.9B
By Erika Morphy Prologis and Norges Bank Investment Management have partnered to acquire the real estate assets of KTR Capital Partners for $5.9 billion. The properties will be acquired by … Continue reading
Kidder Mathews San Francisco Q4 Industrial Report
Well, now that 2014 is in the rearview mirror, we’ve been busy crunching the numbers from the final quarter of the year. Overall, it was an impressive year with leasing … Continue reading
Terreno Continues Buying Spree, Snatches up Union City Industrial Projects
Address: 33306-33580 Alvarado-Niles Rd, Union City, CA Seller: Westcore Buyer: Terreno Realty Corp RBA SF: 170,086 (between 3 buildings) Lot size: 10.04 AC (437,342 SF) Selling price: $23,800,000 ($139.93/SF ) Type: … Continue reading
The Peninsula Industrial Pros 