SIOR Northern California Brokers Have Strong Second Quarter

Terreno Realty Corporation, San Francisco, Dogpatch, Central Waterfront, Los Angeles, New Jersey, New York City, Bay Area, Seattle, Miami, Washington D.C.

Top Transaction is $95 Million Lease by BI Fremont

SAN FRANCISCO (August 29, 2018) – The Northern California Chapter of Society of Industrial and Office Realtors® (SIOR) released its second quarter top transactions, including industrial leases/sales and office sales. The transactions include the following:

Top Industrial Lease
55 Admiral Robert Toney Way, Oakland
$37 million | 256,216 SF
Lessee: Pods Enterprises LLC
Lessor: Prologis
Brokers: Greig Lagomarsino, SIOR, Mark Maguire, SIOR, Colliers

Top Industrial Sale
2700 Merced St., San Leandro, CA
$36 million | 228,620 SF
Buyer: Terreno Realty Corporation
Seller: FJM Investments
Brokers: Greig Lagomarsino, SIOR, Colliers, Mark Maguire, SIOR, Colliers

Top Industrial Lease Small Market
375 Cabela Dr., Reno
$11 million | 182,000 SF
Lessee: Masonite Corp
Lessor: Dermody Properties
Broker: Paul Perkins, SIOR, Perkins Co.

Top Flex R&D Lease
6701-6755 Kaiser Dr., Fremont, CA
$95 million | 215,627 SF
Lessee: BI Fremont
Lessor: The Sobrato Organization
Broker: David Klein, SIOR, Cushman & Wakefield

Top Office Sale Small Market
5190 Neil Rd., Reno
$14.87 million | 106,097 SF
Buyer: The Lansing Companies
Seller: LBA Realty
Brokers: Melissa Molyneaux, SIOR, Collers, Kevin Moul, SIOR, Colliers

About SIOR
The Society of Industrial and Office Realtors® (SIOR) represents the world’s elite in industrial and office brokerage. SIORs are held to the highest standard by completing thorough requirements and proving excellence in securing successful transactions. They are the most trusted resource in commercial real estate. SIOR is more than a designation, it’s a symbol of excellence. It’s a reflection of a global network of more than 3,000 industry leaders driven by camaraderie and innovation. SIORs value the power that comes with building relationships and sharing ideas that are on the leading edge of the industry.

For more information on the Northern California chapter, go to siornorca.com.

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