SAN FRANCISCO-Grubb & Ellis Co. has been selected by U.S. Bank to manage nearly 160,000 square feet of office space at Redwood Business Parks III and V in Petaluma, CA. Redwood Business Parks III and V include five properties located within close proximity to U.S. Route 101 and Petaluma Municipal Airport.

Located at 1301, 1310 and 1318 Redwood Way, Redwood Business Park III consists of three two-story office buildings offering a total of approximately 121,500 square feet of space. Tenants of the park include Isetta Data Communications, USDA Natural Resources, CSW/Stuber-Stroeh Engineering Group Inc., Wells Fargo Home Mortgage Divisional Office and Intelisys.

Grubb & Ellis tells GlobeSt.com that there were three other firms up for the management assignment.

Redwood Business Park V consists of one two-story office building offering 31,010 square feet of space and one single-story building offering 7,424 square feet of space. Force 10 Networks Inc., a technology company, fully occupies the larger building, located at 1415 McDowell Blvd. Kinder Care Learning Center fully occupies the smaller property located at 1485 McDowell Blvd.

David Ford, vice president, director of Management Services, will lead the property management efforts, assisted by Lesley Moore, portfolio manager, and Neila Gonzalez, assistant property manager. “We are excited to have won this assignment as we continue to grow our property management portfolio and look forward to utilizing our expertise and experience to aid U.S. Bank in reaching its real estate goals,” says Ford in a prepared statement.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.