SAN JOSE, CA-Semiconductor component manufacturer MKS Instruments has signed a long-term lease to occupy 32,000-sf at San Jose's Rio Robles Technology Center near the San Francisco International Airport.
SAN JOSE, CA-A new deal with the the city gives Downtown's only cinemas a new 20-year lease and a $2 million rehabilitation loan at 3% interest. "The Cameras are vital to what our downtown offers for culture and entertainment,'' says San Jose Mayor Ron Gonzales.
WALNUT CREEK, CA-For 700 Ygnacio Valley Road, even small leases are a big deal. Three recent leases have pushed the occupancy rate of the building to 100 percent, a sign that Walnut Creek's class B office market is remaining steady.
SAN RAFAEL, CA-The Regents of the University of California now hold complete ownership of Mill Valley's Strawberry Village, after Seagate Property sold its minority interest.
MILL VALLEY, CA-Liquid Realty partners is currently acquiring portfolios from $2 to $250 million, and is in talks with institutions regarding the acquisition of two significant pools of opportunistic real estate fund interests.
SAN JOSE-As the San Jose City Council comes closer to deciding whether to develop its new City Hall, a select group of property owners are submitting proposals in the hopes of having their site selected.
LAFAYETTE, CA-A local developer whose mixed-use project was approved in 2000 has offers to make all but one of the units affordable in exchange for public subsidy.
SAN FRANCISCO-Mills, a Virginia-based REIT, originally proposed making payments to the city that amounted to $720,000 during construction and $350,000 during its first year of operation. Now, under the new terms, Mills will pay $1.4 million during construction and $1.4 million per year beginning the first year of operation.
DUBLIN, CA-Cartoonist Scott Adams has signed a 6,300-sf lease at the newly developed Shops at Waterford for a new restaurant in cooperation with restaurateur Stacey Belkin.
OAKLAND, CA-Burlington Northern and Santa Fe Railway Co. and the Port of Oakland agree that BNSF will operate the Port's newly built Joint Intermodal Terminal at Oakland International Gateway.