15office building at 3097 Moorpark Ave. in San Jose, CA from Pinn Brothers Construction, Inc. for $1.48 million, or about $229 per square foot, in an all-cash transaction. The two-story, 6,438-square-foot office building sits on a half-acre lot in Santa Clara County. The building was 50 percent occupied with month-to-month tenants at the time of sale. The medical doctors plan on occupying the first floor. Tony...]]>]]>]]>]]>]]>]]>Commercial real estate prices resumed broad-based gains in April, shaking off the effects of a seasonal slowdown in the first quarter, according to the latest CoStar Commercial Repeat Sale Indices (CCRSI) release. The equal-weighted and value-weighted U.S. Composite Indices posted solid monthly gains in April of 1.9% and 1.1%, respectively, as market fundamentals continued to improve across all the major CRE property types. The value-weighted...]]>]]>]]>office building at 3305 Hillview Ave. in Palo Alto, CA. The two-story building totals 61,756 square feet and was constructed in 2002. It is located just southeast of Stanford University in the Palo Alto South submarket. Jeffry Nochimson and Gregg von Thaden of Colliers International in San Jose represented the landlord. Jay Phillips and Sherry Gubera of Cornish...]]>]]>]]>retail lease signed during the first quarter of 2013 in the South Bay/San Jose market was at Hwy 85 & Almaden Expy in the South San Jose submarket. Bass Pro Shops leased 145,000 square feet there. Cornish & Carey Commercial NKF represented the landlord in this direct deal. Ashley Furniture leased 43,485 square feet at 120-158 Ranch Dr. in the Milpitas submarket. Cornish & Carey Commercial NKF represented the landlord, while Terranomics...]]>]]>]]>]]>]]>