Cornish & Carey Commercial Newmark Knight Frank Selected to Market Foundry Wharf for Lease

Larkspur, California (January, 2012) — Cornish & Carey Commercial Newmark Knight Frank announced that the firm was selected to exclusively market Foundry Wharf Business Park for lease.  The “North Bay’s Central Office Campus” is located on a stunning riverside setting in Downtown Petaluma, California.  An award-winning adaptive reuse transformed the former engine-works plant into a modern office space with collaborative open floor plans and high, exposed ceilings, similar to many of San Francisco’s South of Market (SOMA) creative spaces.  As fast-growing high tech companies quickly consume SOMA’s creative spaces, tenants will find the option to migrate to this North Bay office space increasingly attractive.  Cornish & Carey Commercial Newmark Knight Frank’s Haden Ongaro, Mark Carrington and Alisa Belew comprise the Foundry Wharf Business Park listing team.  Foundry Wharf Business Park has been family owned and operated by Foundry Wharf, LLC since 1987.

“We are excited to showcase this lease offering to the North Bay and San Francisco business communities,” said Cornish & Carey Commercial Newmark Knight Frank’s Mark Carrington.  “Foundry Wharf Business Park office areas epitomize the neo-industrial ‘cool’ factor that cutting-edge companies are seeking today.  The riverfront property is a great occupancy solution both for companies already located in the North Bay, and for San Francisco-based firms shut out of SOMA’s dwindling supply of creative space.  Progressive companies seeking a non-traditional, high quality business environment with balance will most appreciate Foundry Wharf.”

Redeveloped in 1987, and renovated in 2007, Foundry Wharf Business Park is comprised of five buildings totaling approximately 100,000 square feet (sf) of mixed-use space including 7,000 sf of retail, 15,000 sf of industrial and 78,000 sf of office space.  Located blocks from the Theater District tenants benefit from the community feeling, spacious common lawn area and private docks and decks at Foundry Wharf.  The stunning riverfront setting can also be enjoyed from WiFi-served outdoor seating areas.  Shower facilities enable employees to take advantage of the excellent walking, running and cycling opportunities that are immediately accessible from Foundry Wharf. High quality office spaces ranging from 500 – 2,400 sf are currently available with up to 30,000 sf coming available at the end of 2012.

The dynamic mix of tenants currently operating at Foundry Wharf Business Park include MarketLive, leader in eCommerce software and solutions; the Institute of Noetic Sciences, a non-profit advancing consciousness research to benefit education, health care, personal growth and social good; artisan and farmstead cheesemaker, Cowgirl Creamery; maker of inconceivably delicious organic ice cream – Three Twins Ice Cream; and Aqus Café, 2011 Petaluma People’s Choice Award winner for Best Café.

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A dominant regional real estate force since 1935, Cornish & Carey Commercial partnered in 2010 with Newmark Knight Frank, one of the largest independent real estate service firms in the world, to become Cornish & Carey Commercial Newmark Knight Frank.  Regionally, more than 280 agents in 13 strategically located offices throughout Northern California create a powerful combination of people and services that uphold Cornish & Carey Commercial Newmark Knight Frank core values of integrity and knowledge. Headquartered in New York, Newmark Knight Frank and London-based partner Knight Frank together operate from more than 240 offices in established and emerging property markets on five continents. With a combined staff of more than 7,000 and revenues last year exceeding $993 million, this major force in real estate is meeting the local and global needs of tenants, owners, investors and developers worldwide. For further information, visit www.ccareynkf.com.

Newmark Knight Frank is a part of BGC Partners, Inc. (NASDAQ:BGCP), a leading global brokerage company primarily servicing the wholesale financial markets. For further information, visit www.bgcpartners.com.

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