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
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
Heavy Industrial Demand And Limited Supply Jolt Sales
Tremendous investor demand and a limited supply pipeline continue to make the Bay Area a sought-after industrial location. The sale of one of only six mega-distribution facilities is a recent … Continue reading
INDUSTRY TITANS ON WHAT BREXIT MEANS FOR US REAL ESTATE
When NYC real estate royalty Richard LeFrak woke up in London yesterday, he knew the world was forever changed. Immediately following the monumental decision, Richard told Bisnow the entire financial services … Continue reading
Pair of Chinese Firms Strike Deal to Trade 123 Mission for $255 Million
Building Would Sell At More Than 30% Premium to Previous Sale In December 2013 In another sign of the super-heated market for commercial property in San Francisco, one China-based company … Continue reading
PIMCO: A storm is brewing in the real-estate market
Pimco is out with an urgent warning about the US commercial real-estate market. In a report released Monday, Pimco’s John Murray and Anthony Clarke wrote that the capital flows that … Continue reading
Shorenstein Properties, SKS Partners Seek Development Capital for 2.2 Million-SF Waterfront Project in South San Francisco
The Landing at Oyster Point Represents Only Fully-Entitled Site in the Bay Area Able to Accommodate 1+ Million SF of Office/Life Science Space By Noel Bigay The owners of 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
The Peninsula Industrial Pros 