industrial real estate – North Bay Business Journal - North San Francisco Bay Area, Sonoma, Marin, Napa counties

Report: Napa-Solano commercial real estate stabilizes

February 6th, 2012

FAIRFIELD — Industrial real estate vacancy in Napa and Solano counties fell 1.4 percentage points in 2011, but immediate availability of office space in the two counties increased a percentage point over the year to even higher levels, according to reports released today.
Langer investing in Santa Rosa for Sonoma label

February 6th, 2012

SANTA ROSA — The Langer family of Southern California, who acquired a sparkling juice bottling plant in Healdsburg three years ago, is making a multimillion-dollar bet on Sonoma County with a more than four-fold larger bottling plant with three times as much production capacity to support its new Langers of Sonoma brand.
Leases and sales: Week ending Oct. 7, 2011

October 10th, 2011

Commercial real estate leases and sales in the north San Francisco Bay Area
Commercial real estate: OnTrac makes big North Bay courier hub expansion

October 3rd, 2011

As part of a ramp up of Bay Area service, Phoenix, Ariz.-based regional overnight package courier OnTrac is expanding its North Bay hub. … The Marin County Board of Supervisors on Tuesday could postpone a decision to purchase part of a large San Rafael commercial property to be the new home for the Sheriff’s Department and other emergency services currently located at the Civic Center to the south in San Rafael. … Fairfield-based developer, owner and property manager The Wiseman Co. acquired the 30,000-square-foot class A Westside Professional Building at 2480 Hilborn Road and an adjacent pad. … Groskopf Warehouse & Logistics found a large Napa Valley warehouse for its expansion. … Steve and Judy Mahrt, owners of Petaluma Farms, which produces Judy’s Family Farms organic eggs, are back to buying Petaluma office buildings and converting them back to industrial buildings for business expansion, according to local real estate sources.
Leases and sales: Week of July 4, 2011

July 4th, 2011

Commercial real estate leases and sales in north San Francisco Bay area counties
Natural Comfort to move to Petaluma

June 27th, 2011

PETALUMA — Novato-based bedding importer Natural Comfort Co. LLC has taken advantage of the rapidly changing Petaluma commercial real estate market to secure better-configured space for a growing company.
Dharma Trading Co. to move order-fulfillment to Petaluma

June 13th, 2011

SAN RAFAEL — Dharma Trading Co., which has been selling supplies for decorating yarn and fabrics since the late 1960s, plans to relocate its growing mail-order and e-commerce business under one larger Petaluma roof this year.
Commercial Real Estate: Texas REIT pays $33 million for big Fairfield warehouse

May 16th, 2011

One of the North Bay’s largest commercial buildings, a 607,200-square-foot distribution warehouse at 5195 Fermi Drive in Fairfield, sold to US Industrial REIT III, an affiliate of San Antonio, Texas-based real estate investment trust USAA Real Estate Co., for $33.5 million, or about $55 a square foot.
Commercial Real Estate: Workrite to relocate in Petaluma

May 9th, 2011

Workrite 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.
Gluing Machinery and Systems to expand in new space

May 3rd, 2011

PETALUMA — Gluing Machinery and Systems Inc. is moving one building away on McDowell Boulevard in Petaluma and has plans to expand.
Top commercial real estate deals: Second quarter 2010 – First quarter 2011

May 2nd, 2011

The “Top Deals and the People who Made them Happen” represent the top five leases and sales for each Marin, Napa, Solano and Sonoma counties. They are based on submissions from the top 10 largest brokerages.
North Sonoma County corridor: Wine helps ease industrial vacancy

March 14th, 2011

While the Santa Rosa north corridor real estate market saw an increase in vacancy rates in 2009, during 2010 there was a decrease in the industrial vacancy for the region and office vacancy remained flat.
Petaluma office and industrial: Industrial rents expected to rise slightly

March 14th, 2011

There 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.
Napa-Solano industrial: Year-end activity bodes well for the rest of the year

March 14th, 2011

Industrial markets in Napa and Solano counties overall continued to be sluggish throughout 2010 because of poor economic conditions. While several significant lease transactions were completed during the year, a number of large new vacancies nullified any real traction.
Commercial Real Estate: Petaluma apartments attract $68 million

February 21st, 2011

A 492-unit south Petaluma apartment complex, one of the largest in Sonoma County, sold for $68 million to a Southern California institutional investor, 15 months after it was purchased for $52 million. … A Sacramento-based real estate investor acquired a long-vacant former Yardbirds store in Vacaville with plans to upgrade the 45,000-square-foot building with 8,500 square feet of covered garden area and 6,000 square feet of yard space in the Browns Valley Marketplace shopping center. … Santa Rosa medical device startup Sapheon Inc. found a place to base development of a less-painful treatment for varicose veins. … Jim and Jennifer Jensen together with Lance and Dana Stafford, the third generation of ownership in Napa-based architectural ironworks shop Jensen’s Ornamental Inc., purchased a 6,350-square-foot warehouse at 561 California Blvd. in Napa from Sue Branson on Jan. 31 for $879,000. … San Rafael-based landscaping supplies retailer Watersavers Irrigation Inc. on Feb. 1 expanded and relocated its Petaluma store to 840 Perry Lane, a 10,000-square-foot industrial building that was vacant after it was completed in 2007, according to Keegan & Coppin agent Nathan Ballard.
Commercial real estate sees some key leases, but vacancies remain elevated

October 25th, 2010

Sonoma County office vacancy rates decreased in the third quarter to 22.7 percent 13.7 million square feet from a peak of 24.8 percent at the end of last year and was about the same as it was in the fall of 2009, according to Keegan & Coppin.
Wine label printer Tapp to expand in Napa

September 14th, 2010

NAPA — Wine label printer Tapp Technologies Inc. today said it plans to expand its California plant in Napa to a nearby facility this fall to “significantly” increase capacity.
Barlow apple plant renovation planned

September 13th, 2010

SEBASTOPOL – A west Sonoma County city with a heritage of apple processing, natural living and artistry could have a dilapidated former apple plant near downtown transformed into a center for artisans and farmers to sell the fruits of their labor.
2010 Midyear Report — Industrial: Industrial market shows signs of rebound

July 19th, 2010

The purchase of a never-occupied 166,200-square-foot southwest Santa Rosa building by the founders of a growing Sebastopol-based hydroponics equipment supplier may be part of swelling industrial real estate activity not seen for two years.
Commercial Real Estate: South Napa wine warehouse deals push down vacancy

July 5th, 2010

About 265,000 square feet in wine warehouse deals were inked recently in the south Napa area, with 164,000 square feet of that being net market absorption. … Hundreds of thousands of square feet of big-box retail space has gone dark in the North Bay in the past two years, but a number of the spaces are getting scooped up by retailers looking to reduce the cost of expanding into the market. … Four agents and brokers affiliated with Orion Partners, which closed earlier this year, have landed new associations. … As the city of Healdsburg narrows its list of consultants that will prepare long-range land-use plans for the central part of the city, longtime lumber vendor Nu Forest Products is vying to be considered as a transit-friendly mixed-use redevelopment site about a block south of the Plaza. …