Google Leases 240,000+ SF in San Francisco
Internet Technology Company Inks Deal at Spear Street Tower By John Walz Google signed a lease deal for 242,640 square feet in the Spear Street Tower in San Francisco, CA. The Plaza … Continue reading
Cornerstone RE Advisers Purchases New Montgomery Tower for $148M
Address: 33 New Montgomery St, San Francisco, CA Seller: Blackstone Group/Crescent Real Estate Equities (joint venture) Buyer: Cornerstone Real Estate Advisers LLC RBA SF: 240,134 SF building Lot size: 0.39 AC (16,771 … Continue reading
Terreno Acquires Three Building Investment Portfolio
Address: 2054-2070 Burroughs Ave, San Leandro, CA Seller: Service West, Inc. Buyer: Terreno Realty Corp. RBA SF: 129,000 SF (Total 3 buildings) Lot size: 5.98 AC (260,488 SF) Selling price: $13,300,000 ($103.10/SF) Type: … Continue reading
Price Momentum Continues to Build for Commercial Real Estate
Latest CoStar Commercial Repeat Sale Analysis Finds Property Pricing Benefitting from Broad Recovery in Market Fundamentals By Tim Trainor This month’s CoStar Commercial Repeat Sale Indices (CCRSI) provides more evidence … Continue reading
Salesforce.com Inks Largest Office Lease Deal in San Francisco History
Global Cloud Computing Company Signs 714,000-SF Prelease at Former Transbay Tower; 1.4 Million-SF Trophy High-Rise To Deliver in 2017 By Bryce Meyers Salesforce.com registered the largest office lease in San Francisco’s history … Continue reading
Valley Mechanical Purchases San Jose Office Building
Address: 1180 Coleman Ave, San Jose, CA Seller: Joan Raznatovich Buyer: The Lighthouse Family Trust dba “Valley Mechanical” RBA SF: 10,1620 total Lot size: 0.47 AC (20,639 SF) Selling price: … Continue reading
Paper Company Wraps up an Industrial Purchase in Union City
Address: 2975 Volpey Way, Union City, CA Seller: Citrus Coast Distributors Buyer: P&R Paper Supply Company RBA SF: 60,080 total Lot size: 2.90 AC (126,324 SF) Selling price: … Continue reading
Lehman Bros. Sells Warehouse Portfolio to ProLogis, Blackstone
Industrial Portfolios Are Becoming Harder to Find For Investors As Warehouse Market Conditions Improve By Randyl Drummer A partnership controlled by Lehman Brothers Holdings Inc. has closed the sale of a … Continue reading
Market Trend: San Francisco’s Office Vacancy Decreases to 9.9%
Net Absorption Positive 1,579,906 SF in the Quarter By Bryce Meyers The San Francisco Office market ended the second quarter 2013 with a vacancy rate of 9.9%. The vacancy rate was … Continue reading
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
The Peninsula Industrial Pros 