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Major private construction projects on tap in 2012
December 19th, 2011A number of major private-sector construction projects will be under way or are set to begin in 2012: Grady Ranch, San Rafael; Madera Vista, Corte Madera; East Washington Place, Petaluma; Marin County Emergency Operations Facility, San Rafael; Safeway expansion, Petaluma; Bell Village, Windsor; Multitenant warehouse, Napa; Kaiser data center expansion, Napa; The Barlow, Sebastopol; and Napa Century Center, Napa.
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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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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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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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Commercial real estate: OnTrac makes big North Bay courier hub expansion
October 3rd, 2011As 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.
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Manager hired for Marin Commons property
April 26th, 2010SAN RAFAEL – Sares Regis Group of Northern California was selected to manage the commercial office space in San Rafael known as Marin Commons. The property encompasses two buildings with 456,000 square feet of Class A office space. Space is currently available for occupancy in the 2,000- to 48,000-square-foot range.
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Property & Construction Law: Attorneys see room for work outs on stressed commercial property
July 30th, 2009The recent residential mortgage meltdown has without a doubt been one of the most rigorous trials of the legal rights and constraints involved in the foreclosure process. Now with the second coming of the real estate slump expected in the commercial landscape, local attorneys expect a similar law testing ground, though perhaps more uncharted.
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Marin Commons foreclosure sends shudders
June 15th, 2009The foreclosure on one of the North Bay’s largest commercial properties earlier this month brought home a national debate over whether commercial mortgages will be the next wave of problems for the economy.
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Marin Commons falls in foreclosure, taken back by lender
June 8th, 2009SAN RAFAEL – One of Marin County’s largest commercial properties reverted to its lender in a foreclosure last week.
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San Rafael’s Marin Commons falls in foreclosure, taken back by lender
June 4th, 2009SAN RAFAEL – One of Marin County’s largest commercial properties reverted to its lender in a foreclosure this afternoon.
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