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
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
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
San Jose Home Depot Trades for $15M
Address: 635 West Capitol Expressway, San Jose, CA Seller: HDSJ, LLC Buyer: 1988 Fiore Living Trust RBA SF: 122,265 total Lot size: 11.43 AC (497,891 SF) Selling price: $$15,575,000 ($127.38/SF) Type: NNN Investment … Continue reading
Jamestown Acquires Famed Ghirardelli Square In San Francisco
CRE Investment Firm to Reposition, Restore Historic Landmark By Randyl Drummer Investment and management firm Jamestown has acquired the famous Ghirardelli Square property near the waterfront at San Francisco’s Fisherman’s Wharf … Continue reading
ROIC Pays $17M For Foster City Shopping Center and Office
By Carrie Rossenfeld Retail Opportunity Investments Corp., a REIT and owner/manager of necessity-based retail properties, has purchased Marlin Cove Shopping Center from a private investor for $17.38 million. Comprising 74,596 square feet that includes a … Continue reading
CoStar Reports Commercial RE Recovery Underway Nationally
As second quarter reports begin to come out, many are predicting the overall commercial real estate industry to show positive signs. According to CoStar, they show a general recovery underway … Continue reading
REIS Q1 Pre-Analysis
REIS recently reported on some of their findings for the first quarter of 2011. Not a huge surprise given the fact that we’ve reported on many of these happenings recently, … Continue reading
Menlo Park Retail Sells for $423/SF
Details: 889 Santa Cruz Ave, Menlo Park Buyer: Village Properties Seller: Private Sale Price: $1,100,000 Bldg Type: Retail Price/SF: $423.00 RBA: 26,000 SF