WALNUT CREEK, CA-Colliers will handle leasing arrangements for the 200,000-sf development, an Invesco-owned property whose anchors include Safeway and Rite Aid. The shopping center currently has only two spaces available for leasing.
SAN FRANCISCO-Merrill Lynch has put three floors in Financial District on the sublease market. Broker Cushman & Wakefield may face a challenge in finding tenants, as there is about 6.5 million-sf of sublease space on the market.
SAN FRANCISCO-A recent conference of commercial investment brokers reveals that there is no shortage of clients who can buy Bay Area real estate. Rather, there are a lack of sellers.
SAN FRANCISCO-A recent conference of commercial investment brokers reveals that there is no shortage of clients who can buy Bay Area real estate. Rather, there is a lack of sellers.
WALNUT CREEK, CA-If the City Council rezones the area, Broadway Plaza may soon have six to twelve outdoor retail stands. However, the city is wary about the appearance of the carts, as it may be an eyesore to the community.
SAN FRANCISCO-A 30-year-old concrete plant that does not fit into the Mission Bay development plan must relocate, despite 10 years left on the company's lease. To boot, the neighbors of its proposed new home say it isn't part of their plans, either.
SACRAMENTO, CA-More than 2,000 acres of the McClellan Air Force Case site will be converted to private use, creating 6,000 jobs in the Sacramento area. A county official says this will secure the future of McClellan as a viable economic engine for the Sacramento region and benefit the community for generations to come.
WALNUT CREEK, CA-Walnut Creek has seen a lot of commercial development in the Golden Triangle area, but developers who promised to replace demolished homes with new ones have built only two new units.
LIVERMORE, CA-Private investors have purchased a 5.5-Acre Property from the city, which it will use to develop an office/mixed-use project. The deal includes $840,000 up front and 20% of the upside from the resale of the property to office developers.