SACRAMENTO-The Highway 50 corridor has proven itself to be a hot commodity over the past few months, with buyers, including Opus West, snapping up properties in the area.
OAKLAND, CA-Six months after its opening, Oakland's 555 City is 30% leased, thanks to two six-year deals signed last month that soaked up about 48,000-sf of the 487,000-sf office building.
SAN JOSE, CA-The City of San Jose will vote this week on whether or not the city should use eminent domain to acquire property at the corner of Story and King roads in East San Jose.
SAN BRUNO, CA-A $105 million redevelopment project will give the Shops at Tanforan a brand new look, add a new state-of-the-art cinema complex and a variety of restaurants.
RICHMOND, CA-The Scotts Valley Band of Pomo Indians plans to develop a Las Vegas-style casino and hotel development on Terminal Three. According to the proposal, a casino would improve the city's economy.
SAN JOSE-The moving and storage company signs on for another five years at Brennan Distribution Center, where it started with a 115,000-sf sublease in 1999. The company plans to consolidate all its San Jose operations at the center.
SAN FRANCISCO-One of the largest construction firms in the United States is being sued by the City of San Francisco for $30 million in damages, forfeiture of profits and potentially tens of millions, as well as additional damages and penalties.
SAN JOSE-Measure F, which would have raised the city's hotel tax from 10% to 14% in order to fund a $370 million expansion of the convention center, fell just short of the two-thirds vote it needed to pass.
SACRAMENTO-Tesoro Petroleum Corp. enters into a definitive agreement to sell its 70 Northern California Beacon retail stations to three companies. The transaction is set to close in December.
SAN FRANCISCO-City Administrator Bill Lee is chosen by the mayor and the Board of Supervisors to become the final member of the San Francisco Planning Commission, meaning that the dormant commission is now ready to operate after months of controversy.