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
Invesco Buys The Piers in San Francisco for $90.8MM
Atlanta-based Invesco Real Estate had closed on The Piers mixed-use project in San Francisco located at Piers 1.5, 3 and 5 near the Ferry Building for $90.8 million, according to … 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
Chinese developer pays $171 million for 42-acre biotech site in South San Francisco
Greenland USA and its equity partners (represented by Kidder Mathews) completed the purchase of the Landing at Oyster Point, a proposed 2.25 million-square-foot biotech and life science campus in South … 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
Kidder Mathews Helps Move Long-time Redwood City Tenant
This story originally appeared in the San Mateo Daily Journal. Kidder Mathews broker, Michael Hironimus, assisted Goetz Bros with the site identification. Goetz Brothers leaves downtown Redwood City: After 80 … 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
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 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
The Peninsula Industrial Pros 