SUNNYVALE, CA-Intuitive Surgical Inc. leases 88,000 sf in a flex building here in a deal that comes with an option to occupy the building's remaining 17,300 sf in two years.
SAN LEANDRO, CA-Alpha Innotech has leased most of a brand-new building in San Leandro. It is one of only a few new buildings that have come to market lately.
SAN FRANCISCO-Despite soaring vacancy rates in SOMA, Rosenberg SOMA Investments manages to find a 27,000-sf tenant for its building at 5th and Townsend. lease term is for three years at a rate of $26.40 per sf, annually, triple net.
NOVATO, CA-The Tutoring Club will make its debut in newly leased space between two high schools. The building was purchased two months ago by Horizon Properties, which has plans to renovate the older center.
SUNNYVALE, CA-A sublease agreement has been reached between IOA Corporation and PLX Technology that will allow IOA to move into its first solo office space.
SAN FRANCISCO-In his 11th year with the firm that included opening the San Francisco office in 1994, Bob Berndt is moving on up in the ranks as Staubach's new vice president retail services for San Francisco.
SANTA ROSA, CA-NAMO Co LLC bought a 25,900 sf office building in the heart of the Santa Rosa Business Park for $115 per sf. According to broker Paul Gonzales, this is an example of how well Santa Rosa is holding up in the declining economy.
SACRAMENTO-Haverford Capital and a Los-Angeles based investor join forces to purchase the complex. The duo intends top renovate and reposition the property into a higher rent class.
PETALUMA, CA-Gateway Business Park owner Basin Street Properties, a commercial and mixed-use property developer, negotiated an agreement with SimplexGrinnell LP, a division of Tyco International
SAN JOAQUIN VALLEY-Cambay Group Ltd. of Walnut Creek says it plans to build a model for future development in the Central Valley as high-tech companies move from the Bay Area in the slowing economy.