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2011 top stories: New hospital, tech advances define year of the economy
January 2nd, 2012The national and local economy was on everyone’s mind in 2011. But as the Business Journal editorial staff set out to develop its Top Ten Stories of the Year, it quickly became clear that the North Bay was blessed with multiple economy-boosting projects and new commitments job creation.
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Tektronix selects airport location
September 19th, 2011SANTA ROSA — Tektronix has leased a 10,042-square-foot space near the Sonoma County Airport for its Sonoma County design center, the company and Basin Street Properties announced today.
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Major players spur deals in Petaluma real estate
September 5th, 2011Three major players in Petaluma commercial real estate have spurred a number of companies to undertake expansions in the past 18 months.
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Tony Sarno joins Cushman & Wakefield
August 8th, 2011SAN RAFAEL — A commercial real estate agent involved with a number of the major sales of office and industrial buildings in Petaluma for more than a year has moved to a new brokerage. Tony Sarno last week joined the eight-person Dowling-Bracco Team of Cushman & Wakefield of California. Mr. Sarno has been active in [...]
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Basin Street completes $13 million purchase of Enphase expansion campus
June 30th, 2011PETALUMA — Basin Street Properties has completed the repurchase of three Petaluma office buildings totaling 210,000 square feet, with almost half of it reserved for local photovoltaic system developer Enphase Energy to expand into later this year.
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Commercial Real Estate: Workrite to relocate in Petaluma
May 9th, 2011Workrite Ergonomics, which makes high-end accessories intended to help office workers be more productive, is itself looking to become more efficient with a move of its headquarters to another south Petaluma location this summer. … In a pending deal to make the Workrite relocation work, existing 2277 Pine View tenant Scott Laboratories would be relocated to another side of the building and expanded from 15,000 to 33,000 square feet. … Basin Street Properties has wasted little time bringing in additional tenants occupying more than 11,000 square feet in two of the four Redwood Business Park buildings it re-acquired in Petaluma in March.
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Gluing Machinery and Systems to expand in new space
May 3rd, 2011PETALUMA — Gluing Machinery and Systems Inc. is moving one building away on McDowell Boulevard in Petaluma and has plans to expand.
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Sheraton Petaluma expands conference space by 50 percent
April 11th, 2011PETALUMA – The Sheraton Sonoma County – Petaluma has doubled the size of its conference center with the long-term lease of 5,000 square feet at Basin Street Properties’ Petaluma Marina Business Center.
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Basin Street plans major upgrades for newly repurchased Petaluma buildings
March 18th, 2011PETALUMA — Basin Street Properties, which built much of Redwood Business Park in Petaluma and sold a number of the buildings in in a major 2005 deal, today said it purchased five of the buildings in the development for $8 million from the lender that had taken them back and plans to spend several million dollars on upgrades over the next two years.
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Petaluma office and industrial: Industrial rents expected to rise slightly
March 14th, 2011There was a high level of office market adjustment within Petaluma in 2010, but commercial real estate in the city overall appears poised for continued recovery.
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Basin Street names Birdsall regional partner
March 3rd, 2011PETALUMA — Basin Street Properties named Tom Birdsall, co-founder of the company’s hotel ventures, as regional partner, overseeing all Northern California projects and properties.
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Morgan Stanley lease fills much of Fountaingrove building
December 6th, 2010SANTA ROSA — Morgan Stanley Smith Barney’s planned consolidation of its two Santa Rosa offices early next year will nearly fill one of the newest top-end office buildings in the city.
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Morgan Stanley consolidates Santa Rosa offices in Fountaingrove
November 29th, 2010SANTA ROSA — Morgan Stanley Smith Barney LLC plans to consolidate its Santa Rosa offices to a new 23,000-square-foot location in the northeast part of the city early next year.
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Spotlight on leaders in commercial real estate in the North Bay
November 8th, 2010Developers are listed by county in alphabetical order by firm.
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Insurer plans to hire 150 in Santa Rosa
August 4th, 2010SANTA ROSA — Atlanta-based property and casualty policy carrier ProSight Specialty Insurance plans to hire about 150 employees for a new Santa Rosa office.
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Commercial Real Estate: Lease-option used in Fairfax deal; also, Basin Street signs Marina tenants
May 10th, 2010LRG Capital Group’s lease-option acquisition last week of the 66,100-square-foot Fair-Anselm Plaza shopping center and offices in Fairfax is an example of the type of creative deal-making called for when both tenants and financing can be scarce, according to Roger Smith, an agent with Cornish & Carey Commercial who has been marketing the Fairfax property for the Friedman family for years.
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Basin Street Properties enters joint venture on south Petaluma office development
December 18th, 2009PETALUMA — Basin Street Properties today said it entered a joint venture with Marina Office Park Associates on ownership of the 116,000-square-foot Petaluma Marina Business Center, which is connected to a 183-room Sheraton hotel operated by the Basin Street Hospitality division.
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Who’s Who in investment property management
October 26th, 2009The Business Journal profiled 23 leading managers of North Bay investment real estate. That includes office, industrial, retail, multifamily and single-family properties for which the owners have entrusted handling of tenant relations, marketing, maintenance and other related services.
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Basin Street gets approval
October 5th, 2009NORTH BAY – Northern California developer Basin Street Properties received approval from the city of Willows to develop 55 acres of land between Interstate 5 and Route 99 zoned for future commercial and light industrial projects.
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Basin Street to move headquarters to Reno
July 21st, 2009PETALUMA – Basin Street Properties, a key player in fostering a cluster of startup firms known as Telecom Valley and redeveloping several blocks of downtown Petaluma, plans to relocate its headquarters to Nevada next month as the company plans for office and hospitality projects in Western states.
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