OAKLAND, CA-At about $26 per sf, the Port of Oakland has leased back 15,000-sf at 70 Washington St., which it sold to developers Jack London Square Partners a couple of months ago. The port will occupy the space for two years.
OAKLAND, CA-The revitalization efforts, which began in mid-2000 between the city of Oakland and Fannie Mae, is designed to help the city, local developers, banks and nonprofits finance the creation or renovation of nearly 450 units of affordable housing in West Oakland.
OAKLAND, CA-The revitalization efforts, which began in mid-2000 between the city of Oakland and Fannie Mae, is designed to help the city, local developers, banks and nonprofits finance the creation or renovation of nearly 450 units of affordable housing in West Oakland.
SAN FRANCISCO-The commercial properties belong to three San Francisco-based garment contractors that are accused of not paying their employees. The owners have since filed for bankruptcy.
ROSEVILLE, CA-The redevelopment project consisted of demolishing older buildings, remodeling parts of the existing city hall and improving the downtown area. Approximately 18,000-sf of existing space was remodeled and an additional 63,000-sf was created.
SAUSALITO, CA-Some say that this could happen only in California: a $7.8-million police and fire building proposal has been rejected because Sausalito residents are afraid it will destroy the town's Feng Shui.
TRACY, CA-Seagate Properties sells two industrial buildings in Tracy and Modesto. The buyers were Sysco Food Services of Modesto Inc. and Prologis Trust.
SAN FRANCISCO-Locally based Pacific Gas & Electric Co. changes its bankruptcy plan and may keep most of its watershed lands, after environmentalists express concern over the possibility of the lands being resold for development use.
SAN FRANCISCO-Calling it a "standard for others to follow," the 134-year-old London-based Royal Institution of Chartered Surveyors gave out its first award for a U.S. project to AMB Property Corp. for transforming an abandoned sugar warehouse on San Francisco's waterfront into a class A office building.
STOCKTON, CA-The 20-building complex has been sold to E.J. Williams Company. The complex is fully occupied. The seller was a partnership between Southern California-based Sares-Regis Multifamily Housing Group and New York-based Citibank Private Bank.