The Peninsula Industrial Pros

Your Commercial Real Estate Source in the San Francisco Bay Area

Category Archives: Office

Office, Industrial Markets in U.S. Strengthen in Q3

By Michael Gerrity According to data from CBRE Group, office vacancy rates declined in most major U.S. markets during Q3 2014. Twelve out of 13 major metro office markets saw … Continue reading

September 24, 2014 · Leave a comment

Los Altos-based Box Takes Down New Crossing 900 Project in Downtown Redwood City

Comparable details: Address:  900 Middlefield Road, Redwood City, CA Landlord:  Kilroy Realty Corp/Hunter Storm LLC (joint venture) Tenant:  Box.com SF Leased:  334,000 Pricing:  $4.40 /psf NNN (est.) Type:  Class A Office … Continue reading

September 17, 2014 · Leave a comment

555 Sutter Street, SF Changes Hands for $7.5M

Address: 555 Sutter Street, San Francisco, CA Seller:   Brothers International Holding Corp. Buyer:   Rich State – Arkansas Inc. RBA SF: 20,765 SF building Lot size:  0.14 AC (6,081 SF) Selling price: … Continue reading

September 2, 2014 · Leave a comment

Kidder Mathews Q2 2014 San Francisco Office Report

San Francisco remains the hottest city in the nation for commercial real estate. The 714,000 s.f. Salesforce lease at 415 Mission Street (formerly known as Transbay Tower and renamed Salesforce … Continue reading

July 28, 2014 · 1 Comment

Google Leases 240,000+ SF in San Francisco

Internet Technology Company Inks Deal at Spear Street Tower By John Walz Google signed a lease deal for 242,640 square feet in the Spear Street Tower in San Francisco, CA. The Plaza … Continue reading

July 17, 2014 · Leave a comment

Maryland based ASB Capital Adds 989 Market Street to Portfolio

Address: 989 Market St, San Francisco, CA Seller:   Harbert Management Corp Buyer:   ASB Real Estate Investments (ASB Capital Management) RBA SF: 111,497 SF building Lot size: 0.38 AC (16,552 SF) Selling price: $61,250,000 … Continue reading

July 9, 2014 · Leave a comment

Cornerstone RE Advisers Purchases New Montgomery Tower for $148M

Address: 33 New Montgomery St, San Francisco, CA Seller:   Blackstone Group/Crescent Real Estate Equities (joint venture) Buyer:   Cornerstone Real Estate Advisers LLC RBA SF: 240,134 SF building Lot size: 0.39 AC (16,771 … Continue reading

July 1, 2014 · Leave a comment

TIAA-CREF Buys Menlo Park Office Building for $50M

Address:   200 Middlefield Road, Menlo Park, CA Seller:   Menlo Equities Buyer:   TIAA-CREF RBA SF: 41,466 SF Lot size: 2.04 AC (88,862 SF) Selling price: $50,025,000 ($1206.41/SF) Type:   Office This is one of … Continue reading

June 18, 2014 · Leave a comment

Kidder Mathews Q1 San Francisco Office Report

After a strong fourth quarter, leasing activity in the first quarter of 2014 has been red hot, with over ±350,000 square feet in positive net absorption. For the first time … Continue reading

May 7, 2014 · Leave a comment

Kidder Mathews Q1 Silicon Valley Office Report

Summary: Slow office leasing activity in the first quarter of 2014 led to negative net absorption across Silicon Valley. This negative net absorption of -177,990 square feet caused vacancy to … Continue reading

April 24, 2014 · Leave a comment