ALAMEDA, CA-Two advocacy groups that filed lawsuits last year against the city over environmental and housing issues at the former Alameda Fleet Industrial Supply Center have settled out of court.
ALAMEDA, CA-Two of the companies hoping to redevelop the 770-acres property here are joining forces to compete against six other developers who have submitted mixed-use project proposals to city officials.
WALNUT CREEK, CA-Despite appeals filed by two groups earlier this year, Walnut Creek-based developer Blake Hunt Ventures still gets the go-ahead to build a 14-screen theater along Mt. Diablo Boulevard, but not before agreeing to trim the project by 3,000 sf.
SACRAMENTO, CA-Arizona Partners of Phoenix acquires 369,000-sf of the 535,000-sf, 40-year-old Country Club Plaza from UBS Asset Management with the intention of spending $10 million to renovate the facility and upgrade the tenant mix.
SAN FRANCISCO-The locally based development company received approval last week from 205,000 sf of office space at Mission Bay. The company also has completed the land sale at Mission Bay that will allow Gladstone Institute to build an 180,000 sf facility.
HAYWARD, CA-Calpine and Bechtel Enterprises are scheduled to meet with Hayward city officials this week to begin discussing plans to build a $400-million power plant in the city's industrial area.
SACRAMENTO, CA-A much needed, widely expected hotel is gearing up for opening day. The Sheraton Grand Sacramento Hotel is nearing its completion date of April on time and on budget--a mere $84 million.
SAN JOSE, CA-Colliers International's Real Estate Management Services division has inked deals to manage six properties totaling more than one million sf. The properties are located in the East Bay, Modesto, Reno and San Jose.
CONCORD, CA-Two plans by Jones Lang LaSalle and Legacy Partners Residential could help to breathe life back into Concord's downtown area. One says it will study the area to determine the right project, the other proposes a 200-plus luxury apartment development.
SAN FRANCISCO-LNR Property Corp. and its parent company Lennar Corp. purchased the property in 1999 for $15.2 million. The site is fully entitled for 187 market-rate residential units and 51 below-market residential units.