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Leases and sales: Week of Dec. 5, 2011
December 5th, 2011Commercial real estate lease and sales in the north San Francisco Bay area
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$50 million Marin Commons renovation set for 2012 start
November 28th, 2011SAN RAFAEL — As the county of Marin prepares to take ownership of a 328,000-square-foot office building in north San Rafael in December, preparations are under way to start the estimated $53.1 million transformation of a large portion into the county’s Emergency Operations Facility in mid-2012.
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Commercial real estate: Madera Vista apartments get $65 million investment
November 21st, 2011Denver-based Apartment Investment and Management Co. (NYSE: AIV) is betting about $65 million on the renovation of the 126-unit vacant apartment complex in Corte Madera, amounting to $516,000 a unit. Also: Rowland Plaza to be refi’ed not sold; San Rafael Corporate Center gets medical office rezoning; Deer Creek Village courts Friedman’s, Home Depot; Santa Rosa office short-sale lands big tenant.
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Leases and sales: Week of Nov. 21, 2011
November 21st, 2011Commercial real estate leases and sales for the north San Francisco Bay area.
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County to spend $82 million on Marin Commons building
November 15th, 2011SAN RAFAEL — The Marin County Board of Supervisors today approved an $81.9 million plan to purchase a 328,000-square-foot mostly vacant office building and renovate up to 110,000 square feet over the next three years to accommodate a new county Emergency Operations Facility.
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TricorBraun wine group packs for Fairfield
November 14th, 2011BENICIA — The wine division of St. Louis-based packaging supplier TricorBraun plans to move its Northern California distribution facility to a larger, automated distribution facility in Fairfield early next year.
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Leases & sales: Week of Nov. 14, 2011
November 14th, 2011Commercial real estate transactions in north San Francisco Bay counties
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Commercial brokerages focus on wine
November 7th, 2011Cornish & Carey Commercial Newmark Knight Frank agents Kevin Foster and Preston Smith in the Santa Rosa office and Brian Gleason in the Larkspur office were recently sanctioned by the worldwide network of brokerages as a specialty practice, called the Wine Services Group. The London-based Knight Frank part of the network already has such a group working with wine-related properties in Europe.
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Deadline approaches for Napa’s $38 million downtown plan
November 7th, 2011Napa residents have until Friday to send in their comments on the city’s draft Downtown Napa Specific Plan, a comprehensive document that will coordinate development in the area over the course of two decades.
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Leaders in commercial real estate development
November 7th, 2011Developers are listed by county and in alphabetical order by the firm.
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Leases and sales: Week of Nov. 7, 2011
November 7th, 2011Commercial real estate leases in the north San Francisco Bay Area
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Lender puts Bellisimo Vineyard into receivership
October 31st, 2011The 153-acre Bellisimo Vineyard estate Sonoma County’s Knights Valley attracted attention in early 2008 when a publicly traded Chinese agriculture company purchased it for $14.75 million more than three years ago, but it passed quietly into receivership as this harvest was about to begin.
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Leases and sales: Week of Oct. 31, 2011
October 31st, 2011Commercial real estate transactions in north San Francisco Bay counties
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Railroad Square project boosted by grant
October 24th, 2011A large mixed-use city-centered development planned at the site of the historic Santa Rosa Cannery has received a $1.5 million federal grant, a major boost to the project even though it has lost a health club as a potential tenant.
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Solano County sees improvement in commercial leasing; ‘finally turning a corner’
October 24th, 2011The first half of 2011 brought the first major improvements in the Solano Count commercial property markets in a few years, but active deal-making to fill buildings vacated as the economy contracted continues to drive down rents.
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Commercial Real Estate Guide: Sonoma County
October 24th, 2011The significant reset in Sonoma County commercial property values that started for distressed Petaluma office buildings in early 2010 is expected to continue to help spur business activity through the end of 2011.
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Commercial Real Estate Guide: Marin County
October 24th, 2011The improving business climate in Silicon Valley and San Francisco may soon flow across the Golden Gate Bridge to southern Marin, as it has in past economic cycles.
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Napa downtown continues as center of ‘excitement’; wine industry driving many deals
October 24th, 2011Napa County’s office and industrial markets had more activity in the first half of 2011 than in 2010, but a more dramatic than normal summer slowdown has some wondering whether the market improvement will continue.
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Leases: Week ending Oct. 13, 2011
October 19th, 2011Commercial real estate leases in the north San Francisco Bay Area
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Lowe’s backs out of Petaluma project
October 18th, 2011PETALUMA — Lowe’s Home Improvement has opted not to build a store that was set to anchor a planned 346,000-square-foot mixed-use project on along the east side of Highway 101 in Petaluma because of project delays, the developer announced today.
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