DAVIS, CA-Opus West Corp. has decided not to pursue its existing plans for a 700,000-sf retail center because of early signs of controversy. The city of Davis has a history of opposing large-scale developments.
SAN FRANCISCO-The $75-million restoration of the Ferry Building is nearly complete, and developer Wilson-Meany says the landmark is set to open to the public again in March.
SAN RAMON, CA-TCN Worldwide, a global commercial real estate services organization, has added Carpenter/Robbins Commercial Real Estate to its group of affiliates in the San Francisco Bay Area.
VALLEJO, CA-Just one week after Vallejo's City Manager David Martinez and Mayor Tony Intintoli Jr's announcement that they oppose a proposed liquefied natural gasification project on Mare Island, Martinez says he will resign.
HAYWARD, CA-The foodservice equipment wholesaler will relocate its Hayward headquarters to 1739 Sabre St., an 18,020-sf office/warehouse on 1.2 acres. The General Conference Corp. of the Seventh Day Adventists is the seller.
STOCKTON, CA-Eastbourne Investments of New York and Kitchell Development of Phoenix turn over the check to local developer, Alex Spanos. The plan is to break ground immediately on a 580,000-sf power center.
ROCKLIN, CA-Ace Hardware is poised to buy a Rocklin warehouse, formerly occupied by AT&T. The plan could bring a 400,000-sf expansion for the building to fulfill increased demand from its 330-store, two-state service area.
SAN JOSE, CA-The success of cinemas in downtown San Jose has been a significant part of the downtown retail and entertainment strategy, but two cinema projects are battling development delays.
REDMOND, WA-A Virginia-based REIT has signed an agreement to buy Marriott Residence Inn at Redmond Town Center for $26.9 million, and plans to keep Marriott International as the hotel operator.
REDWOOD CITY, CA-The developer holds onto a minority stake and the business park's management. But, lender Credit Lyonnais confirms it's in the driver's seat after TMG Partners missed payment deadlines on a $150-million loan.