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MILL VALLEY, CA-The market boom being felt by the rest of the Bay Area has spread across the Golden Gate Bridge and into Marin County. Two technology companies just signed deals for a combined total of 65,000 sf at the still-under-construction 100,000-sf Belvedere Place complex in Mill Valley.

Market Tools, a web-based research company is consolidating three offices when it moves into its new digs at 1 Belvedere Place. The property is owned by Lehman Brothers. When complete, the $30 million project will comprise two buildings, along with a parking structure. MetaTV, the other new kid on the block will be joining current tenant Charles Schwab & Co.

Haden Ongaro of listing agent Orion Partners Ltd. states, “The average lease rate in southern Marin has been between $4.60 and $5.50 per square foot. When we first started, we were quoting at $4.00. It’s been aggressively going up from that.”

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