Terreno Continues Buying Spree, Snatches up Union City Industrial Projects
Address: 33306-33580 Alvarado-Niles Rd, Union City, CA Seller: Westcore Buyer: Terreno Realty Corp RBA SF: 170,086 (between 3 buildings) Lot size: 10.04 AC (437,342 SF) Selling price: $23,800,000 ($139.93/SF ) Type: … Continue reading
Foster City Office Building Sells for $39.5M to DivcoWest
Address: 1065 E. Hillsdale Blvd, Foster City, CA Seller: Marin County Employees Retirement Association Buyer: DivcoWest RBA SF: 115,511 Lot size: 5.13 AC (223,288 SF) Selling price: $39,500,000 ($341.95/SF ) Type: Class … Continue reading
Kidder Mathews Assists Prologis in Leasing Up San Jose Warehouse
Comparable details: Address: 555 Charcot Ave, San Jose, CA Landlord: Prologis Tenant: BPG SF Leased: 65,941 Pricing: $0.55 /psf NNN Type: Industrial – Warehouse Term: 64 months
Uber Technologies Leases Mid-Market Office Space
Comparable details: Address: 1455 Market Street, San Francisco, CA Landlord: Hudson Pacific Properties Tenant: Uber Technologies, Inc. SF Leased: 88,134 Pricing: contact for rate Type: Office Term: 10 years
New San Francisco Seismic Ordinance
By Josh Marrow Recently, San Francisco passed a mandatory Soft-Story Retrofit Ordinance that will require a seismic retrofit of existing buildings identified as having a soft-story hazard, typically on the first … Continue reading
Kidder Mathews Q4 2012 San Francisco Industrial Report
Our Q4 Reports are beginning to filter in and there are some good numbers coming out of it. We certainly noticed a strong push at the end of the year, … 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
Kidder Mathews CRE Bay Area March Headlines
Headlines: Tishman Speyer Properties sold an office building in Mountain View for $71.5 million in cash, or $510 per s.f. The 140,000 s.f. building, located at… Three major counties in California … Continue reading
Kidder Mathews Q4 2011 Peninsula Industrial Report
Our quarterly report is out and good news continues to dominate the landscape here on the Peninsula. Overall absorption is increasing and rents are slowly beginning to tick up although … Continue reading
The Peninsula Industrial Pros 