Merck Reaches Deal for West Coast Research Facility
One of the largest pharmaceutical companies in the world has signed a long-term, full-building lease for a 294,000-square-foot office and lab complex to be developed at 213 E. Grand Ave. … Continue reading
115 Sansome Street in San Francisco Trades for $83 Million
Address: 115 Sansome Street, San Francisco, CA Seller: TA Realty Buyer: Vanbarton Group RBA SF: 117,000 Lot size: 0.21 AC (9,281 SF) Selling price: $83,000,000 ($709.40/SF ) Type: Class B – … Continue reading
San Francisco’s office leasing plunges in third quarter with only one big deal
San Francisco’s office leasing activity fell to 875,000 square feet in the third quarter as big deals were scarce and tenants were more cautious. It was the lowest third-quarter activity … Continue reading
Rubicon Pays $154MM to Buy San Mateo Office Asset
San Francisco-based Rubicon Point Partners has acquired the approximately 300,000 square foot San Mateo BayCenter in San Mateo for approximately $154.4 million, or $515 per square foot, according to sources … Continue reading
Massive Land Swap By Google, LinkedIn Could Pave Way For Mutual Expansion
Google and LinkedIn have reached an agreement to swap properties totaling more than 1 million square feet of existing buildings and 2.54 million square feet in potential development, hitting the … Continue reading
Pair of Chinese Firms Strike Deal to Trade 123 Mission for $255 Million
Building Would Sell At More Than 30% Premium to Previous Sale In December 2013 In another sign of the super-heated market for commercial property in San Francisco, one China-based company … Continue reading
Investcorp Purchases San Mateo Office Building for $67.5M
Address: 2121 S. El Camino Real, San Mateo, CA Seller: Goldman Sachs and Scanlan Kemper Bard. Companies Buyer: Investcorp RBA SF: 205,107 Lot size: 3.02 AC (131,551 SF) Selling price: $67,500,000 … Continue reading
Kidder Mathews Q3 San Francisco Office Report
San Francisco office is on fire and there doesn’t seem to be much holding it back from getting hotter. Silicon Valley seems to be moving north into downtown as young … Continue reading
Yelp Signs 102K Lease at 55 Hawthorne Street, San Francisco
Comparable details: Address: 55 Hawthorne St, San Francisco, CA Landlord: Harvest Properties and Invesco RE Tenant: Yelp SF Leased: 102,000 (approx.) Pricing: $call Type: Class A Office Term: 120 Months The … Continue reading
The Prado Group Takes Down the Fog Building in SF for $209/psf
Address: 333 Valencia Street, San Francisco, CA Seller: John Foggy Buyer: The Prado Group RBA SF: 54,000 SF building Lot size: 0.40 AC (17,498 SF) Selling price: $11,300,000 ($209.26/SF ) … Continue reading
