PG&E eyed S.F. exit for years before downtown Oakland tower deal: court records

$892 million downtown Oakland deal includes $420 million purchase price for Oakland tower CBRE300 Lakeside Drive office tower in downtown Oakland, the proposed site of PG&E’s future corporate headquarters. PG&E sought for years to find ways to exit its inefficient San Francisco headquarters complex and transplant its head offices to the East Bay before striking … Continue reading PG&E eyed S.F. exit for years before downtown Oakland tower deal: court records

Post Covid – How Construction Finance Has Changed

Photo: Levelset Written By: Teddy Swain, TRI Commercial Real Estate Advisor Given all that is going on in the world today – Covid-19, shelter in place, record unemployment – it is now more than ever crucial that we continue to see the much needed affordable and market rate housing be built in the Bay Area. Cities … Continue reading Post Covid – How Construction Finance Has Changed

$49.5 million deal: Amazon buys big Dublin office building amid East Bay expansion

E-Commerce giant could employ hundreds at newly bought East Bay site By GEORGE AVALOS | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: April 1, 2020 at 7:35 a.m. | UPDATED: April 2, 2020 at 2:19 p.m. DUBLIN — Amazon has bought a big Dublin office building where it could employ as many as 1,000 or more people, paying nearly $50 million in … Continue reading $49.5 million deal: Amazon buys big Dublin office building amid East Bay expansion

A True Value-Add Investor’s Take on the East Bay

Written By: Teddy Swain, TRI Commercial Real Estate Advisor With 10,000+ units under construction and just as many more approved or proposed in the pipeline, there is no denying the San Francisco East Bay Area is experiencing a significant construction boom unlike past development cycles. To fuel that amount of new development the region is … Continue reading A True Value-Add Investor’s Take on the East Bay

North Bay landlord Seeks to Capture Piece of Bay Area Exodus with New Office Building

By Blanca Torres  – Reporter, San Francisco Business TimesJan 3, 2020, 7:47am PST Updated Jan 3, 2020, 10:59am PS While many office tenants feeling squeezed in the core Bay Area have left the region — or the state altogether — a Solano County landlord is now hoping to lure them. To capture some of the exodus, the Wiseman Co. plans … Continue reading North Bay landlord Seeks to Capture Piece of Bay Area Exodus with New Office Building

Del Beccaro’s Recruiting Efforts Have Paid Off With Top Promotion

Just one year after joining TRI as executive vice president and manager of the company’s East Bay offices, veteran Edward Del Beccaro has been promoted to San Francisco Bay Area regional manager. By Lisa Brown | December 23, 2019 at 04:00 AM Ed Del Beccaro’s career in commercial real estate spans more than 40 years in the Bay … Continue reading Del Beccaro’s Recruiting Efforts Have Paid Off With Top Promotion

The New Normal? Bay Area Property Managers Reckon With Shut-Off Fallout

October 10, 2019 Dean Boerner, Bisnow San Francisco Reporter When Pacific Gas & Electric Co. broadened its shut-off map to about 600,000 customers Wednesday night, the utility company also added to the number of owners and property managers forced to enact emergency measures. It's a potential, but untenable, new normal for Northern California. "There has to be … Continue reading The New Normal? Bay Area Property Managers Reckon With Shut-Off Fallout

Tech, Bio Sectors Drive East Bay Job Growth

September 19, 2019 By Dennis Kaiser EmeryStation West by Wareham Development photo credit Tubay Yabut Photography San Francisco or San Jose tend to garner the lion’s share of attention when considering the Bay Area markets. Yet, the East Bay has emerged as a compelling alternative for many companies. TRI Commercial/CORFAC International’s Edward Del Beccaro shares … Continue reading Tech, Bio Sectors Drive East Bay Job Growth

Orange County Firm Buys Office-Retail Building in Old Town Danville, California

AUGUST 22, 2019 |ELENA HARRISBerkeley Land Company Sells Building in Multimillion-Dollar Deal An office and retail building in Old Town Danville, California, has been sold to an Orange County investment firm. The Laguna Niguel-based Blue River Equity purchased the building at 321 Hartz Ave. from the local Berkeley Land Company for $6.25 million, or about $551 per square foot. … Continue reading Orange County Firm Buys Office-Retail Building in Old Town Danville, California

General Bottle Supply Company Takes 20,000 SQFT in San Leandro

1910 Fairway Drive, San Leandro, CA 94577 (EDITOR’S NOTE: The lease for the light industrial space was for 20,550 square feet, lasting 122 months.) Walnut Creek (June 19, 2019) – TRI Commercial/CORFAC International announced today it has secured a lease for the entire building located at 1910 Fairway in San Leandro to long term Oakland tenant … Continue reading General Bottle Supply Company Takes 20,000 SQFT in San Leandro