OAKLAND, CA-Several new leases were signed at Lake Merritt Plaza during the fourth quarter of 2001, bringing the 460,000-sf, 27-story building to 97% occupancy.

SACRAMENTO-Sacramento city officials are unsure about how they will use the vacant PG&E power plant and surrounding five acres, but have expressed a commitment to its use as a public space.

SAN FRANCISCO-By the end of this year, San Francisco office rates will be similar to those in Oakland, and the market will continue to look glum through 2003, say industry experts.

SAN FRANCISCO-By the end of this year, San Francisco office rates will be similar to those in Oakland, and the market will continue to look glum through 2003, say industry experts.

SAN FRANCISCO-Belvedere Associates of San Francisco has become Prudential-CRES' first Northern California franchise, giving up its company logo for the franchise opportunities offered by Prudential.

OAKLAND, CA-GMS Realty has purchased the 70,000-sf neighborhood shopping center from a local investment group. The center is anchored by Pak 'n' Save and includes McDonald's and Midas Muffler.

PETALUMA, CA-The Old Elm Village project, developed by Burbank Housing Development Corp., will open today, providing rents from $300 to $1,000 for families earning between 30 and 80 percent of the area median income.

SAN FRANCISCO-Information management company AppraiserLoop, which incorporates the Appraisal Institute Commercial Database, has launched a new division for commercial property appraisers.