STANFORD, CA-Stanford University has opened its $25 million, 48,000-sf Mechanical Engineering Research Laboratory, which the university will use to host a number of research projects.
SAN JOAQUIN, CA-The East Bay Regional Park District has agreed to purchase a 276-acre agricultural property in eastern Contra Costa County for $1.7 million, which it will develop into a park.
ALAMEDA, CA-Catellus, daunted by the decline in demand for office space, is considering changing its Alameda development plans to include a shopping center instead of research and development space. The city's business people are not impressed.
SANTA ROSA, CA-The purchase of 149 homes by Pacifica Co. from Japanese billionaire Genshiro Kawamoto came as good news to renters of the complex who were faced with eviction. Now they will be given the option to buy the homes or continue renting.
SAN LEANDRO, CA-The Marina Corporate Center has filled out its 52,000-sf complex thanks to two small leases totaling about 6,300 sf, the combined value of which is approximately $1.2 million. The center will be growing onto an adjacent one-acre parcel.
OAKLAND, CA-Shorenstein has proposed a scaled back version of City Center development. The company wants to develop two more buildings instead of three, opening the extra space for possible housing or retail projects.
SAN FRANCISCO-An industrial gas company sells a 143,000-sf industrial building in Fremont for $5.35 million to Allen Mizael and an automobile salvage auction company signs a long-term lease to occupy 70,000-sf of in Fairfield.
ORINDA, CA-The Orinda City Council and members of the community discussed the future of Pine Grove, a prime piece of real estate owned by the school district and the city, which could provide a much-needed revenue stream for the school district.
SAN FRANCISCO-The only drop off is in the number of available properties. A luxury apartment complex recently sold for $16 million and, on the smaller side, two adjacent buildings sold for $950,000 and $1.5 million, respectively.
SAN FRANCISCO-The only drop off is in the number of available properties. A luxury apartment complex recently sold for $16 million and, on the smaller side, two adjacent buildings sold for $950,000 and $1.5 million, respectively.