SAN FRANCISCO-The results are in. The first three months of 2002 showed no improvement in San Francisco's commercial real estate market. There is now a vacancy rate of 21%.
SACRAMENTO-Ex- Globetrotters Sterling Forbes and Kelvin Hildreth open the doors to Sacramento's latest sports facility, Basketball Town. The 25,000-sf facility features three basketball courts and many amenities.
SAN FRANCISCO-The results are in. The first three months of 2002 showed no improvement in San Francisco's commercial real estate market. There is now a vacancy rate of 21%.
SAN FRANCISCO-The city of San Francisco has approved a $16 million plan to renovate two golf courses at Lake Merced, which will become a destination for PGA tournaments starting in 2006.
DALY CITY, CA-Kaiser Permanente and King Asset Management sign a lease agreement for the Serramonte Corporate Center, a seven-story property that Kaiser will use as a medical office building.
DAVIS, CA-Concert-goers will soon be able to enjoy the city's latest addition to the performing arts. The Robert and Magrit Mondavi Center for the Performing Arts, a $53 million project, is expected to be ready this fall.
LIVERMORE, CA-Construction begins on a new facility that will assist Lawrence Livermore National Laboratory researchers in conducting analyses of national security threats from the increase in weapons of mass destruction.
SAN FRANCISCO-Esprit de Corp, a clothing company, has entered an agreement to sell its San Francisco headquarters to a new private school that will renovate the property to suit its needs.
SAN JOSE-Funding for several new transportation development projects has been approved, including $717 million for the long-awaited BART extension project that will bring BART to Downtown San Jose.
FOLSOM, CA-Meadowview Limited Partners of Marin County bought the Riley Professional Center in central Folsom for $6.95 million. The seller, Capital Builders, built the property in 2000.