VALLEJO, CA-The City of Vallejo is building the plant with BP Solar, with which it will split electricity sales revenue. The facility, to be one of the largest of its kind in the country, will be built on a 40-acre property that formerly belonged to Kaiser Permanente.
TRACY, CA-The $20-million Corral Hollow Shopping Center project will be anchored by a 65,000-sf Safeway grocery store. It is scheduled to be complete by March of next year. Only 21,849 sf remains available to be rented.
SAN FRANCISCO-The online procurement company nabs space at 1069 Howard St. in San Francisco for $24 per sf, 50% what the previous tenant paid. The previous tenant, a dot-gone, was paying $52 per sf.
SAN LEANDRO, CA-WP Carey Inc. owns the property, a parking lot here located on the corner of Williams Street and Doolittle Drive in San Leandro. City officials say they have been unable to agree with the owner on a sales price.
SAN MATEO, CA-The 86,000-sf building, known as 101 Ellsworth, is 45% preleased and scheduled for shell completion by mid-August. The developers are Glenborough Real Estate Trust and National Electric Benefit Fund.
MOUNTAIN VIEW, CA-The handheld computer company takes 29,000 sf of flex space being sublet by Starlight Networks, a provider of networking server software products. It's a stopgap measure while it waits for completion of a build-to-suit project in Sunnyvale.
MENLO PARK, CA-The property, known as San Gregorio Farms, was acquired from private owners and will connect three other protected properties to create 3.5 continuous miles of open space along Highway 1.
SAN FRANCISCO-Burrill & Co. will rent 20,000 sf for approximately $60 per sf, including furniture, for a little more than eight years. Burrill has put its smaller Montgomery Street office up for sublease until October 2002 at about $31 per sf.
SOUTH SAN FRANCISCO-EOS Biotechnology is scheduled to occupy the space in January 2003, when the 564,000 sf Oyster Point office project is expected to be ready for occupancy. The rent is estimated to be about $45-48/sf.
SAN JOSE-Sources tell GlobeSt.com the selling price of the 10 downtown buildings here will not be comparable to the peak prices of last year, which could have allowed the property to sell at more than $160 million.