Date: Thursday, December 20, 2012, J.K. Dineen , Reporter – San Francisco Business TimesMacFarlane Partners, represented by Anton Qiu and Gary Cohen of TRI Commercial/CORFAC International, has purchased the last remaining vacant lot in Mid-Market at 1125 Market Street for $7.8 million. The housing developer plans to construct a 12-story apartment building on the 13,000-square-foot … Continue reading MacFarlane Partners Grabs Final Vacant Mid-Market Development Site
Date: Monday, December 24, 2012, Stephan Basham, Reporter – CoStarKilroy Realty Corp. has acquired a fully entitled 12-arce site in Sunnyvale and will construct two six-story office structures for LinkedIn’s future campus. The commercial real estate investment firm paid $315 million, including development costs. LinkedIn preleased the buildings for a 12-year term. Read More
Adobe signed a 10-year lease of 47,000 square feet at 410 Townsend Street, commencing when Yammer moves from the building on January 31st. Adobe intends to occupy the entire 74,000-square-foot building as other leases expire. The building has gone from 40 percent occupied in late 2008 to 100 percent occupied today. Read the whole story … Continue reading Adobe to Take Entire SoMa Building It Remembers Well
Date: Tuesday, December 11, 2012, J.K. Dineen, Reporter – San Francisco Business Times The loan committee of the China Development Bank has approved a $1.7 billion loan to build new neighborhoods and upward of 20,000 units of housing on the Hunters Point Shipyard, Candlestick Point and Treasure Island. The loan will provide $1 billion for Hunters … Continue reading China Development Bank Approves $1.7B Loan for Hunters Point, Treasure Island
Clorox Agrees to Sell Longtime Oakland HQClorox Co. has agreed to sell its 480,000-square-foot, 24-story headquarters building at 1221 Broadway in downtown Oakland to Westcore Properties, a San Diego-based investor. Parties involved in the deal did not disclose the sale price, which market sources estimated $90 million or $180 per square foot.