SAN FRANCISCO-A large chunk of sublease space is off the market with a new agreement between JP Morgan Chase & Co. and Zurich Insurance. JP Morgan Chase has subleased about 77,600-sf to the insurance company.
SAN JOSE-The developers Santana Row, a major residential and retail complex that lost its largest building to a fire last week, push back the grand opening from Sept. 19 to Nov. 7.
PITTSBURG, CA-Despite numerous complaints about the potential environmental and traffic impacts of two large housing developments, Pittsburg planning commissioners have approved the proposals.
CUPERTINO, CA-When Apple Computers vacated its former Cupertino location, Sun Microsystems snapped up the space. Now the tables have turned, as Sun has agreed to sublease the entire building back to Apple.
SAN JOSE-The developers Santana Row, a major residential and retail complex that lost its largest building to a fire last week, push back the grand opening from Sept. 19 to Nov. 7.
PLEASANTON, CA-After buying and repositioning the former HP facility for potential medical use, the developer inks a 10-year lease agreement with ValleyCare Health System of Pleasanton.
OAKLAND, CA-Just when it seemed the Greater St. Paul Baptist Church would miss its deadline to submit its $2.25 million down payment for the 174-acre former United States Naval Medical Center in Oakland, the money arrives mysteriously.
SAN FRANCISCO-The 110,000-sf building, located off Cesar Chavez Boulevard, completes the Eileen G. Callaghan Trust's sale of an entire city block that borught in a total of $21 million.
SOUTH SAN FRANCISO-Bedford Property Investors has acquired a three-building flex complex in South San Francisco for $22 million. The property is currently fully leased to 15 tenants.
ORINDA, CA-As the economy continues to struggle, more investors are turning to commercial real estate, including Pine Grove LLC, a private Bay Area-based company that bought an Orinda office park for $26 million.