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

Two North Bay shopping centers sell for $55 million

October 5th, 2011

MARIN CITY and NAPA — A Southern California investment group purchased the nearly 182,000-square-foot Marin Gateway Shopping Center in southern Marin County for $36 million, and a Phoenix, Ariz.-based investor purchased the Kohl’s department store-anchored Parkway Plaza center in downtown Napa for $19.83 million.
BJ’s Restaurant bound for renovated Coddingtown

August 8th, 2011

SANTA ROSA — Part of the new face being put on Coddingtown regional mall this summer is the third North Bay location for BJ’s Restaurant & Brewhouse. The rapidly growing casual dining chain signed a long-term lease for a 9,300-square-foot restaurant in the northeast side of the mall, according to Terranomics Retail Services agent Todd [...]
Leases and sales: Week of July 4, 2011

July 4th, 2011

Commercial real estate leases and sales in north San Francisco Bay area counties
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.
Sonoma County community development buys Roseland site

March 30th, 2011

SANTA ROSA – The Sonoma County Community Development Commission (C.D.C) announced the completion of negotiations on the Roseland Shopping Plaza in Southwest Santa Rosa at 665 Sebastopol Road, Santa Rosa. The site is a key property to enacting the Sebastopol Road Urban Vision Plan.
Restaurant Zócalos opens in Adobe Center

March 14th, 2011

PETALUMA — A significant North Bay commercial real estate owner, developer and property manager, RNM Properties, announced the opening of Zócalos Latin Grill at the popular Adobe Creek Center. The new 3,900- square-foot full-service restaurant opened its doors last month.
Napa County retail: Valley is ‘under-retailed’ despite some downtown vacancies

March 14th, 2011

The Napa retail market, despite national economic trends, remains strong. As a world-class vacation destination, Napa is insulated from national economic downturns with a wealthy population base and a steady flow of affluent tourists.
Sonoma County retail: Pent-up demand driving a surge in leasing

March 14th, 2011

Sonoma County retail real estate remained stable through 2010 and into 2011. The outlook for this year is relatively positive as more retailers come into the market and absorb vacancies.
Napa downtown: Bring the great restaurants and retail will follow

March 14th, 2011

For years, many said that if we brought great restaurants to downtown Napa, retail would follow. Retail has arrived.
Marin County retail: Shopping center tenants upgrade, backfill vacancies

March 14th, 2011

There will be a continued upgrading of tenancies and back-filling of vacancies at shopping centers throughout the county. First-tier shopping centers are posting rental rate growth and will continue to do so throughout the year. Second-tier centers will remain flat or experience limited rental growth and third-tier centers will continue to face downward pressure on rents.
New Third Street Cinemas property owner plans upgrades

February 28th, 2011

SANTA ROSA — A downtown Santa Rosa property once approved for 14 stories condominiums and shops before economic conditions made the project infeasible sold to a Berkeley-based property investor who plans exterior maintenance to the existing movie theater complex in the next five years.
Town Green Village faces new loan challenges even as some prospects improve

February 23rd, 2011

WINDSOR — As the developers of the 14-acre Town Green Village mixed-use community in central Windsor work to finalize a deal to sell two buildings left partly built because of the economy and complete a workout of $15 million in loans, they are facing a new round of default notices totaling $1.54 million in due balances on a half-dozen properties.
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.
Good Earth plans to expand in 2011 move

November 30th, 2010

FAIRFAX — Good Earth Natural & Organic Foods today announced plans to relocate next fall to a larger space in a former Albertsons store in Fairfax.
Daphne’s to be sold

July 30th, 2010

SANTA ROSA – Daphne’s Greek Cafe, which had a location in Santa Rosa, will emerge from Chapter 11 through a sale of substantially all of its operating assets to a new holding company formed by Trefethen Advisors LLC.
2010 Midyear Report – RETAIL: National tenants return as retail market comes back to life

July 19th, 2010

2010 Midyear Report – RETAIL: National tenants return as retail market comes back to life
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. …
Commercial Real Estate: Is TJ Maxx coming to Petaluma’s ex-Mervyn’s?

June 14th, 2010

Also: Lowe’s plans two stores; Costco shifts Ukiah site
Commercial Real Estate: Big 5 to move from Coddingtown Mall

May 31st, 2010

Whole Foods resumes Coddingtown store work; Petaluma industrial heats up
Urban Outfitters to open store in Marin County

May 17th, 2010

CORTE MADERA – Retailer Urban Outfitters will occupy 9,154 square feet at the Town Center Corte Madera this fall.