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February 21, 2012
Navis Inc., a maritime technology and cargo management company, signed a lease deal for approximately 35,000 square feet at 55 Harrison St. in Oakland, CA. The 180,000-square-foot office building was constructed in 2009 in Alameda County. The property is in the Oakland-Port/Jack London submarket. Ryan Hattersley and Daniel Bisabri of Cushman & Wakefield represented the landlord, Jack London Square Ventures, while Sam Swan and Jon Elder of Jones... Read More > ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ February 21, 2012 The City of Dublin purchased the flex building at 6363 Clark Ave. in Dublin, CA, from Kin Properties Inc. for $5.62 million, or about $102 per square foot. Built in 1967, the 55,000-square-foot facility is on 5.68 acres. The property features 30,000 square feet of offices, laboratories and support areas; 15,000 square feet of manufacturing space; 10,000 square feet of warehouse space; two drive-in bays; and a 15- to 18-foot clear height. The City... Read More > ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ February 19, 2012 CoStar Group released the latest findings of the CoStar Commercial Repeat-Sale Indices (CCRSI) last week, providing the market's first look at commercial real estate pricing trends based on property sales that closed through December 2011, and offering the broadest measure of commercial real estate repeat sales activity. The National Composite Index of commercial real estate prices ended the fourth quarter of 2011 relatively flat with December... Read More > ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ February 16, 2012 This week's People of Note includes the following markets: Atlanta, Charlotte, Dallas, Houston, National, New York City, Orlando, Phoenix, Portland, San Francisco, Tampa/St. Petersburg, Tucson and Washington, DC. WASHINGTON, DC Avison Young Expands Corporate Services Team in DC By Chris Crouse Industry veterans Bruce McNair (pictured far left) and Bill Morris (left) lead an eight-person team that has joined Avison Read More > ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ February 16, 2012 GREEN LEAD is a column on environmental and sustainable design and construction, best practices for green building maintenance and operations, economic impact on developers and owners, new LEED and Energy Star building certifications, and trends in the Green Building movement. Send in your Green News Leads to news@costar.com LEED Doesn't Cost More - Army Replies to Read More > ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ February 15, 2012 Longtime Grubb & Ellis Co. director C. Michael Kojaian has resigned from the troubled Santa Ana, CA-based real estate services company. Kojaian, a Michigan-based real estate investor who has served as director since September 1996, advised the company Feb. 10 that he was resigning from the board of directors "to avoid any actual or apparent conflicts of interest in connection with his fiduciary duties with respect to his affiliated companies in... Read More > ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |

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