SAN FRANCISCO-Grubb & Ellis identifies the absence of positive job growth as one of the many major obstacles faced by San Francisco's office market in its road to recovery.
SAN FRANCISCO-San Francisco Mayor Willie Brown has requested that the Bloomingdale's development in downtown San Francisco remove a hotel tower from its plans, as the hotel market continues to suffer.
OAKLAND-According to realtor Greg Lagomarsino of Colliers International, East Bay cities are becoming popular among businesses due to "quality inventory and favorable economics".
SAN MATEO, CA-The San Mateo Planning Commission is considering a new senior housing project, that will bring nearly 140,000-sf of residential space to the San Mateo area.
SAN BRUNO, CA-TMG Partners and Regis Homes of Northern California plan to jointly build an upscale mixed-use development consisting of 500 hotel rooms, two acres of open/park space, on-site retail, office space and up to 900 apartments.
SANTA ROSA, CA-Due to proposed staff reductions in the Human Services Department and the uncertainty of state funding, the Sonoma County's Board of Supervisors may cancel a proposed co-lease agreement.
ALAMEDA, CA-AvalonBay Communities plans to purchase a 16-acre parcel of land from Alameda County en route to residential and commercial developments. This would be the first deal for the 75-acre Transit Center site adjacent to the Dublin BART station.
CITRUS HEIGHTS, CA-Lyon Oak Creek, a Newport Beach-based investment group, purchases Fairways Apartments from a Sacramento investor. The purchase price is said to be one of the highest prices paid for such a property in Sacramento.
MOFFETT FIELD, CA-NASA's Ames Research Center and Carnegie Mellon University have signed a long-term lease that will enable the university to expand its West Coast campus on Shenandoah Plaza at Moffett Field.
SAN FRANCISCO-The California Coastal Commission is expected to appeal a court ruling that changes the permit process for much of the state's coastal development. It is a result of a ruling declaring the commission's structure unconstitutional.