Prologis, Norges Acquire KTR Capital for $5.9B
By Erika Morphy Prologis and Norges Bank Investment Management have partnered to acquire the real estate assets of KTR Capital Partners for $5.9 billion. The properties will be acquired by … Continue reading
RingCentral picks up 18,000 SF of Office Space in Foster City
Address: 1400 Fashion Island Blvd, Foster City Tenant: RingCentral Owner: Fisher Investments Asking Price: $2.45 PSF Full Service Actual Price: $2.35 PSF Full Service Bldg Type: Office Total Leased … Continue reading
CoStar Releases 2010 Power Brokers Awards
CoStar annually releases their “Power Brokers Awards” to the top earners of the year. It was a pleasure to see not only our brokerage, Kidder Mathews among the top spots, … Continue reading
Costar and Loopnet Agree to Merger
Two Titans in the Commercial Real Estate Industry Join Forces Costar announced yesterday (5/26) that it entered into an agreement to acquire Loopnet, the MLS-style giant in the commercial real … Continue reading
*Exclusive* Investor Purchases Burlingame Industrial Property
We have the exclusive reporting on a property sold in Burlingame on Cowan. The building was a fully leased, true NNN, long-term investment and shows that there is movement in … 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
Hayward Industrial Purchased for $1.25M
Details: 29588 Ruus Road, Hayward Buyer: CA Fleet Maintenance Inc Seller: Julietta R. Lucas-Vales Sale Price: $1,250,000 Bldg Type: Class B Industrial – Warehouse Price/SF: $71.57 RBA: 5,976 SF Land Area: … Continue reading
Palo Alto Office Building Sells For Approx. $900/SF
In a strong display by Silicon Valley’s office sector, RREEF recently acquired 100 Hamilton Ave for a reported $65 Million according to several sources. The property was only on the … 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
HP Takes 394,000 SF at New Office/R&D Project
By Bob Howard SUNNYVALE, CA-Hewlett-Packard has signed a lease for 393,776 square feet at the newly developed Moffett Towers, where the technology firm will consolidate multiple Bay Area locations. The new … Continue reading
The Peninsula Industrial Pros 