OAKLAND, CA-The former Navy Hospital facility at Oak Knoll is up for sale and public auction, after the Navy rejected the City of Oakland's $6.5 million offer. The city will now have to bid against the public if it wants to redevelop the 180-acre facility.

SAN JOSE-Coming off the worst year of absorption on record, brokers at the Colliers International Trends2002 conference this week say many property owners are going to have to get creative to make it through the year.

SAN FRANCISCO-The general contractor has purchased a seven-story corporate office tower in SOMA. Two years ago, the asking price for the seven-story, 66,000-sf building was $37 million.

SAN JOSE-Coming off the worst year of absorption on record, brokers at the Colliers International Trends2002 conference this week say many property owners are going to have to get creative to make it through the year.

SAN JOSE-The Riverpark Corporate Center will gain a new tenant this April, when the County of Santa Clara moves its social services operation into 290,000-sf space it has leased from the Sobrato Cos.

SAN FRANCISCO-At an investors' seminar in San Francisco, consultants analyzed the hotel industry, revealing that any ongoing additions to the lodging supply will likely be completed by the end of 2003, and any further hotel building would be "highly speculative.

SAN FRANCISCO-Gov. Gray Davis has allocated $1.5 million to help the Port of San Francisco redevelop a pier that will house fishing industry tenants.

SAN FRANCISCO-At an investors' seminar in San Francisco, consultants analyzed the hotel industry, revealing that any ongoing additions to the lodging supply will likely be completed by the end of 2003, and any further hotel building would be "highly speculative.