Investor Purchases San Carlos Industrial Portfolio for $14.1M
Address: 360-380 Industrial Road, San Carlos, CA Seller: Tanklage Family Partnership Buyer: High net worth investor RBA SF: 85,135 SF (Between 3 buildings) Lot size: 5 AC Selling price: $14,100,000 ($165.62/SF ) … Continue reading
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
Essex Property Trust Purchases Downtown San Mateo Land for Development
Essex Property Trust (NYSE:ESS) purchased 1.2 acres of land on 5th Street in downtown San Mateo from the Sand Hill Property Co. in a step to develop the property. The … Continue reading
Kidder Mathews Q2 2014 Peninsula Industrial Report
Things continue to look good from a landlord/seller perspective as inventory reaches new lows and demand continues to drive prices and lease rates upwards. SBA and conventional interest rates are … Continue reading
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
KM Helps Ink Retail Ground Lease in San Jose
Comparable details: Address: 2284 Monterey Road, San Jose, CA Landlord: RI San Jose, LLC Tenant: Taco Bell SF Leased: 29,798 Pricing: $3.59 /psf NNN Type: Retail – Ground Lease Term: … Continue reading
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
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
Kidder Mathews Q1 2014 Peninsula Industrial Report
Another great report showing the strength of the mid-peninsula real estate market. Here’s an excerpt: The San Francisco Peninsula only saw 38,313 square feet of negative net absorption this quarter, … Continue reading
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
The Peninsula Industrial Pros 