Crossroads Research Center Union City

Nearon & Woodstock put Union City Life Science/R&D Asset for Sale with Pricing Guidance...

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Whipple Road By Jon Peterson Walnut Creek-based Nearon Enterprises and its joint venture partner Woodstock have put on the market for sale the 322,318 square foot Crossroads Research Center in Union...
Black Creek Group, Harvest Properties, San Jose, Little Orchard Center, JLL

Black Creek Group Buys San Jose’s Little Orchard Center for $96MM in All-Cash Deal

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By Meghan Hall A big-name investor has purchased a San Jose business and industrial park, a property type that has remained popular despite the economy’s slowdown during the course of...
Newmark, Cushman & Wakefield, National Association of Home Builders, National Bureau of Labor Statistics

Report: ‘Staggering’ Construction Costs Continue to Impact CRE Industry

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By Catherine Sweeney The COVID-19 pandemic has had a major impact on the commercial real estate market, and while economies continue to reopen, one lingering ramification is the cost of...
San Leandro, Dermody Properties, JLL, Oakland, San Jose, Bay Area

Industrial Property in Rancho Cordova Sells for $15.8MM

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Sacramento, Calif. – August 2nd, 2021 - CBRE has completed the sale of an industrial property in Rancho Cordova, Calif. for $15.8 million (just over $145 per square foot). Matt Post of CBRE represented the...
Crossroads Research Center Union City

322,318 SQFT Crossroads Research Center in Union City Trades for $161MM

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Whipple Road (EDITOR'S NOTE: According to sources with knowledge of the transaction details, the property sold for just under $161 million, or $500 per square foot. The buyer was a...
San Jose, Northern California, Marcus & Millichap, Bay Area 750 Story Road

170,000 SQFT of Land in San Jose Hits the Market with $15MM Price

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By Jon Peterson The industrial market across the Northern California region continues to be strong as vacancies reach new lows and availability of properties for sale diminishes. However, one private ownership...
Umansky Automotive Group, Livermore, The Presidio Group, Qvale Automotive Group, Livermore Automall, Honda, Jaguar, Land Rover, Porsche, Subaru

Umansky Automotive Group Enters California Market, Buys Livermore Automall for $60MM

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(EDITOR’S NOTE: According to industry reporting, Umanksy paid $52.7 million for the automotive properties and an additional $7.3 million for 7.6 acres of nearby land off of Interstate 580). LIVERMORE,...
J&J Properties, CBRE, San Jose, Empire Square Group, CAES, Cobham

J&J Properties Buys Manufacturing Campus in San Jose for $64.3MM

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SAN JOSE, Calif. – Nov. 9, 2021 – CBRE announced the sale of the 160,000-sq.-ft. advanced manufacturing and office campus located at 5300-5350 Hellyer Avenue in South San Jose to...
Metro Air Park Sacramento Harsch Investment Properties Natomas River Rock Investments Palmer Capital

Harsch Acquires 56 Acres at Metro Air Park in Sacramento for $13.8MM

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(EDITOR'S NOTE: According to public records, the property generally located at 4757 Bayou Way, which included several parcels, sold for $13,785,000 on June 25th, 2021.) Sacramento, Calif., July 16, 2021 –...

Tesla Kicks Off Construction of Megafactory in Lathrop, Calif.

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By Vladimir Bosanac Tesla’s footprint in its home state of California continues to grow. According to a social media post by Lathrop’s mayor, Sonny Dhaliwal, the electric car and energy...

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