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 Q2 Peninsula Office Report
In a localized follow up to the previous post, what we are seeing on a national scale is finally settling in here closer to home. Although certain submarkets such as … Continue reading
Kidder Mathews Peninsula/San Mateo County Office Q2 Report
The San Mateo County office market ended the second quarter of the year with 464,077 square feet of net absorption, marking the fifth consecutive quarter of positive occupancy growth. While the … Continue reading
Mountain View Office Lease
Details: Address: 779 E Evelyn Ave, Suite E, Mountain View Tenant: Matrixx Software Owner: Petri Estate Company Actual Price: $1.30 gross Bldg Type: Office Total Leased SF: 8,000 Terms: … Continue reading
Kidder Mathews Peninsula/San Mateo County Office Q1 Report
Market recovery continued to gain momentum from last year, with the San Mateo County office market finishing the first quarter with 353,017 square feet of net absorption. This marks the … 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
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
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
San Mateo County Pays $40M for 200,000 SF Circle Star Building
SAN CARLOS, CA- It has been reported that the County of San Mateo has closed on the 208,000 SF Circle Star office complex. The price was reported to be $40 … Continue reading
Differences between types of Commercial Leases
In commercial real estate you can often come across different terms that may be confusing to the average investor or business owner. Leasing is no different. So in order to … Continue reading