San Francisco, CA April 28, 2016 San Francisco Public Utilities Commission (SFPUC), a department of the City and County of San Francisco, has engaged global real estate firm, Colliers International, to represent them in the marketing and disposition of seven non-operational properties located throughout the Bay Area.
The properties include: 401 & 403 Old Bernal Avenue in Pleasanton (+/-3.18 acres), 7484 Sheridan in Sunol (+/-84 acres), 38240 Canyon Heights Drive in Fremont (+/-7.45 acres), 38234 Canyon Heights Drive in Fremont (+/- 0.49 acres), three residential lots in Sunnyvale, three residential lots in Millbrae, and an old Muni right-of-way in Burlingame.
“We are excited to work with Colliers’ real estate experts and look forward to reviewing proposals soon. Real estate transactions with a government-related entity require special attention and handling. The Colliers team is proving to be well-qualified for servicing our needs”, said SFPUC Real Estate Director Rosanna Russell.
The Colliers team includes John Jensen, Senior Vice President, Tony Park, Senior Vice President, Robert Rowland, Executive Vice President, and Chris Twardus, Senior Vice President, with combined industry experience of over 80 years.
“Colliers International’s Bay Area land team is a specialized group of land brokers capable of servicing corporate, institutional and governmental property owners and investors. The portfolio disposition assignment with SFPUC is a perfect example of Colliers’ ability to deliver advisory and transaction services for multiple properties across submarkets”, said Andre Walewski, President & Chief Executive Officer at Colliers International | Silicon Valley – San Francisco East Bay.
About San Francisco Public Utilities Commission
The San Francisco Public Utilities Commission is a department of the City and County of San Francisco that provides retail drinking water and wastewater services to San Francisco, wholesale water to three Bay Area counties, and green hydroelectric and solar power to San Francisco’s municipal departments.
SFPUC is comprised of three essential 24/7 service utilities: Water, Wastewater and Power. These functions are supported by the Business Services, Infrastructure and External Affairs bureaus. Headquartered at 525 Golden Gate Avenue in San Francisco, SFPUC has about 2,300 employees working in seven counties with a combined annual operating budget of over $700 million.
SFPUC’s mission is to provide its customers with high quality, efficient and reliable water, power, and sewer services in a manner that is inclusive of environmental and community interests, and that sustains the resources entrusted to its care.
About Colliers International Group Inc.
Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is an industry leading global real estate services company with more than 16,000 skilled professionals operating in 66 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.
Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’’ Global Outsourcing for 11 consecutive years, more than any other real estate services firm.
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