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11/20/2009
CoStar's People of Note (Nov. 15-21)
This week's People of Note includes the following markets: Hartford, Los Angeles, New York City and Westchester/South Connecticut. LOS ANGELES Lee Opens Long Beach Branch; Names Gill Pres. Lee & Associates officially opened its office in Long Beach...

11/19/2009
San Leandro Service Station Trades for $1M
Farrokh Hosseinyoun of DDH Group LLC purchased the service station at 1732 151st Ave. in San Leandro, CA, from Mohammad Pazdel for $1 million, or about $831 per square foot. The 1,204-square-foot building is on a 0.5-acre land parcel in the San Leandro...

11/19/2009
Simmons Bedding Inks 236,500-SF Renewal
Simmons Bedding Co. signed a five-year renewal for 236,500 square feet at 1700 Fairway Drive in San Leandro, CA. The company started in Kenosha, WI, with nine employees and originally manufactured wooden insulators and cheese boxes. Simmons Bedding...

11/19/2009
WaferGen BioSystems Leases Space in Fremont
WaferGen Bio Systems Inc. signed a 66-month lease for 19,186 square feet at 34781 Campus Drive in Fremont, CA. The genotyping, stem cell and cell biology research company will move into PDL Biopharma Building A, a 48,240-square-foot, Class B flex building...

11/18/2009
Lease Up/Lease Down (Nov. 15-21): Bioscience, Cleantech Sectors Spur Job Growth
News of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers has been consolidated into Lease Up/Lease Down. Look to Lease Up/Lease Down every week for valuable information that can be used as a source...

11/18/2009
Spiritual Group Buys Berkeley Office for $6M
Head Lama of the Tibetan Nyingmapa Meditation Center purchased the office building at 2222 Harold Way in Berkeley, CA, from Judah L. Magnes Museum for $6 million, or approximately $171 per square foot. Built in 1924, the three-story, 35,000-square...

11/18/2009
Medical Surgery Center Sells in Pleasanton
George and Peri Linton purchased a medical surgery center in Pleasanton, CA, from R. Neal and Murayna Gilbert for nearly $2.73 million, or about $591 per square foot. The 4,608-square-foot building delivered in 1986 at 4487 Stoneridge Drive and is...

11/16/2009
In The Pipeline: CoStar Development and Construction News for Nov. 15-21
In this week's issue, TMG Partners and The Related Cos. have been tapped as master developers for a $1 billion 77-acre mixed-use project in the S.F. Bay Area; Seavest Inc. and its JV partner are developing two medical office buildings on the new campus...

11/16/2009
TMG Partners, Related Cos. To Master Develop $1 Bil. NASA Research Park
A university consortium has selected TMG Partners and the Related Cos. as master developers for a $1 billion 77-acre mixed-use project for education and research at the NASA Research Park in Moffett Field in the South San Francisco Bay Area. University...

11/16/2009
CoStar's Retail News Roundup: Nov. 15-21, 2009
This week in the Retail Roundup, CoStar reports on expansions or new concepts at Apple and Urban Outfitters; closings, cutbacks, defaults, or bankruptcy news at Trans World, InkStop, and Hacketts; acquisition, merger, loan, sale, or IPO activity at...