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
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
Shorenstein Closes on Champion Station Buy
Shorenstein Properties LLC has closed on its purchase of the first phase of Champion Station, a four-building, low-rise office and R&D campus at 110-180 West Tasman Dr. in North San Jose. … Continue reading
ViewRay Inks Mountain View R&D Lease Deal
Comparable details: Address: 815 E. Middlefield Road, Mountain View, CA Landlord: Boston Properties Tenant: ViewRay SF Leased: 25,518 Pricing: $2.85 /psf NNN Type: R&D Term: 62 Months Kidder Mathews represented the tenant.
Kidder Mathews Assists Purchaser in $17M Flex R&D Building
Comp Details: Address: 90 East Tasman Drive, San Jose, CA Seller: Ingber, Ingber, Griffin Trust Buyer: Market Street Capital Investors RBA SF: 96,154 total Lot size: 4.02 Acres … Continue reading
Life Technologies Corp Taking Over Two Oyster Point Buildings
Comparable details: Address: 180/200 Oyster Point Blvd, South San Francisco, CA Landlord: Biomed Realty Inc. Tenant: Life Technologies Corp SF Leased: 204,900 Pricing: Contact us Type: Class A Office … Continue reading
Solyndra Property Sale Completed for $90.2M
As was reported in the fall, Solyndra has completed the sale of it’s 412,000 square foot Class A Industrial Fremont building through a bankruptcy liquidation. Seagate Technology purchased it for … Continue reading
Seagate Agrees to Buy Solyndra Property For $90.3M
By Randyl Drummer Bankrupt solar panel maker Solyndra LLC has agree to sell its former headquarters and manufacturing plant to storage media maker Seagate Technology Plc for $90.3 million, according … Continue reading
Westcore Properties acquires Fremont Value Add for $45M
Comparable details: Address: 47400, 47422, 47444 and 47550 Kato Rd, Fremont, CA (Kato Industrial Park) Seller: New York Life Investments Buyer: Westcore Properties RBA SF: 673,177 Lot size: 41.96 AC … Continue reading
Top 10 Threats to Commercial Real Estate This Summer
By Mark Heschmeyer Here are the Top 10 Threats to CRE this summer based on CoStar reader responses, counting down from 10 to one. No. 10: Risk Aversion Risk aversion is … Continue reading
The Peninsula Industrial Pros 