OAKLAND, CA-Daniel Cressman, managing director out of the San Francisco office says, "our overall strategy is to consolidate Grubb & Ellis' current strengths within Northern California's technology corridors.
PLEASANTON, CA-In addition to development booms here and in Hayward and Livermore, a boom is beginning to take shape in Fairfield, where some 550,000 sf is in the pipeline for delivery next year.
OAKLAND, CA-Over one million sf of class A space was under construction in the Oakland metro area at the end of the third quarter, but nearly half of it is already pre-leased.
DUBLIN, CA-Sun wants to purchase 11.8 acres of county-owned land, which would be used for the construction of a new 750,000-sf facility. Sun officials are keeping mum about the project.
SAN FRANCISCO-Diane Olmstead, formerly EVP of institutional investments at RedBricks.com, is now iStar's EVP of investments. IStar is a publicly-traded company focused on financing for the commercial real estate industry.
MENLO PARK, CA-Wells Fargo Bank, as sole lead agent, arranged the syndicate of 11 banks, which included Bank of America as syndication agent and Commerzbank AG as documentation agent. The pricing is LIBOR plus 70 basis points.
SAN FRANCISCO-In light of both Propositions K & L failing, two city supervisors are offering up proposals to address the office growth issues highlighted by the two unsuccessful campaigns.
SAN FRANCISCO-As voters further tighten development limits, construction is finally starting near 3Com Park on a 1.3-million-sf office and retail development approved long before even the first limits were set in 1986.
SAN FRANCISCO-Beginning at the end of November, agents and brokers currently using the existing panoramic iPIX system will be able to utilize the new 360-degree technology.
SAN FRANCISCO-Beginning at the end of November, agents and brokers currently using the existing panoramic iPIX system will be able to utilize the new 360-degree technology.