SAN FRANCISCO-The five-year lease of 6,500 sf was struck for a full-service rate of $49 per sf, annually. The building is located at 221 Main St. in Downtown San Francisco.
TRACY, CA-Edgewood Corporate Center is a 250,000-sf, class A development that will be developed in three phases. The first, scheduled for completion later this year, is a single-story, 40,000-sf building near the Altamont Commuter Express train station at 4600 S. Tracy Blvd.
FAIRFIELD, CA-The portfolio includes 2,417,259 SF at Fleetside Commerce Center and Benicia Industrial Park, as well as 257,715 SF at Concord North Commerce Center I and II and 98,784 SF at Fairfield Commerce Center.
SACRAMENTO-A Boston-based investment company has sold a seven-building office complex here for $8 million. The buyer of the 90,000-sf America Rivers Commons was a mortgage broker from Los Altos and his partners.
MONTEREY, CA-The change in plans is largely due to Assemblyman Fred Keeley (D-Boulder) and local commercial and residential residents who championed the recently signed Assembly Bill 43, which makes state money available for the project.
IRVINE, CA-MPTV intends to put toward renovating existing properties for sale as timeshare units. Bolton Capital delivered the term sheet for an $11.5-million loan and expects the deal to close in the near future.
OAKLAND, CA-The Federal Emergency Management Agency, currently in San Francisco, takes 35,575-sf of class A office space in the crown jewel of Shorenstein Company's Oakland City Center development.
SAN FRANCISCO-The Metropolitan Transportation Commission will spend half of the money will fund the Housing Incentive Program of 15 cities, which will provide cities like Dublin with incentives to build compact housing near transit locations.
SAUSALITO, CA-A lawsuit filed by the City of Sausalito against the National Park Service has suspended the groundbreaking for a 12,000-sf expansion of the Bay Area Discovery Museum, which is included in the overall Fort Baker plan under the National Park Service.
SAN FRANCISCO-Art Institute International will now occupy the fifth and sixth floors at 1170 Market St., as well as the ground, second, third and seventh floors it already leases.