OAKLAND, CA-A joint venture of Signature Properties, Reynolds and Brown and the Bay Area Smart Growth Fund has gained exclusive negotiating rights to design and develop the Port of Oakland's Oak to Ninth District.
SAN JOSE-San Jose State University officials, citing the decrease in the commercial real estate market, ditch plans for a commercial/research park in favor of expanding on-campus housing.
OAKLAND, CA-As one waterfront hotel schedules an opening date for next month, despite delays due to financing, another waterfront hotel secures a final approval for an expansion.
SAN JOSE-Mission West Properties CEO says that despite difficult times in Silicon Valley, the company has maintained solid financial results. Mission West recently purchased a $6.7 million R&D property in San Jose.
SAN JOSE-Downtown San Jose's Camera Cinemas may have to close down if it is unable to reach a new lease agreement and secure a low-interest loan to renovate and expand its Camera 3 Theater. Negotiations have been slow in finding a mutually acceptable lease agreement.
SAN FRANCISCO-A SF Supervisor has introduced a new resolution that may stop the search for a new corporate sponsor for the naming rights to 3Com Park and bring back the Candlestick name permanently.
OAKLAND, CA-The buyer, Compass Grand Associates, says its purchase of the East Bay's largest privately held medical office building was motivated by the relative weakness in the general office market. Two previous prospective purchasers failed to close on the building.
BERKELEY, CA-The University of California at Berkeley is accepting development proposals for the redevelopment of University Village and Gill Tract into a mixed-use community. The 26-acre site is valued at $100 million.
SAN FRANCISCO-A bill created by Tom Ammiano will be presented to the Board of Supervisors that may give the city the ultimate veto power on retail development over 50,000-sf. Home Depot may be the first company subjected to the city's conditional permits.
EL CERRITO, CA-The City Council of El Cerrito has agreed that a $30,000 short-term lease is the best start for planning the restoration of the historic El Cerrito Theater. By March, the city may have cost estimates and a five-year plan.