SIOR Announces Significant Deals

Northern California members complete 12 high-profile transactions

SAN FRANCISCO – August 7, 2015 – The Northern California chapter of Society of Industrial and Office Realtors® (SIOR) has announced its recent top 12 list of significant transactions from the second quarter:

250,699 SF Office Lease ($75,137,806)
888 Brannan Street, San Francisco, CA
Lessee: Airbnb, Inc
Lessor: Beacon Capital Partners, LLC
Lessor’s SIOR Broker(s): Mike McCarthy, Colliers

450,000 SF Industrial Sale/Lease Back ($60,000,000)
2299 Kids Way, Dixon, CA
Buyer: Nearon Enterprises – Palo Alto
Seller: Gymboree
Buyer’s SIOR Broker(s) – Phil Garrett, Colliers

266,825 SF Industrial Sale ($25,888,025)
7501-7551 Las Positas Rd, Livermore, CA
Buyer: Industrial Property Trust
Seller: Alere Property Group, LLC
Buyer & Seller’s SIOR Broker(s): Greig Lagomarsino, Colliers; Michael Lloyd, Colliers

252,739 SF Industrial Lease ($19,000,000)
6000 Giant Road, Building #1, Richmond, CA
Lessee: Williams-Sonoma Direct
Lessor: KTR Pinole Point, LLC
Lessor’s SIOR Broker(s): Greig Lagomarsino, Colliers; Todd Severson, Colliers
Lessee’s SIOR Broker(s): Greig Lagomarsino, Colliers; Gene Woods, Colliers

322,560 SF Industrial Sale ($16,665,050)
17600-17690 Shideler Pkwy, Lathrop, CA
Buyer: LIT – Acquisitions
Seller: Lathrop Industrial Development
Buyer and Seller’s SIOR Broker(s) – Phil Garrett, Colliers; Michael Goldstein, Colliers; Gregory O’Leary, Colliers

157,324 SF Industrial Lease ($15,862,506)
1936 Fairway Drive, San Leandro, CA
Lessee: Ferguson Enterprises
Lessor: Prologis
Lessee’s SIOR Broker(s): Jay Hagglund, DTZ
Lessor’s SIOR Broker(s): Greig Lagomarsino, Colliers

1,000,000 SF Industrial Sale ($11,750,000)
500 East Louise Avenue, Lathrop, CA
Buyer: Reynolds & Brown; Jones Development Company
Seller: Pilkington North America, Inc
Buyers’s SIOR Broker(s): Tyson Vallenari, CBRE

31,160 SF Office Sale ($11,200,000)
3565 Haven Ave, Menlo Park, CA
Buyer: PSAI
Seller: CapRock
Buyer & Seller’s SIOR Broker(s): Scott Prosser, CBRE

96 Acre Land Sale ($8,748,897)
APN: 570-200-001
Buyer: CP Logistics NVCC, LLC (Panattoni)
Seller: SJ&R Properties, LLC
Seller’s SIOR Broker(s): J. Michael Hoeck, NAI Alliance; Dave Simonsen, NAI Alliance; Michael Nevis, NAI Alliance

56,837 SF Industrial Sale ($8,400,000)
6242-6269 Preston Ave, Livermore, CA
Buyer: BM Tonkin
Seller: Terrill Company / Southfront
Seller’s SIOR Broker(s): Michael Carrigg, Colliers

49,266 SF Office Lease ($7,663,456)
2855 Campus Drive, San Mateo, CA
Lessee: GoPro
Lessor: Penlark, L.P.
Lessor’s SIOR Broker(s): Mike Moran, DTZ

125,000 SF Industrial Sale ($confidential)
2600 Goodrick Ave, Richmond, CA
Buyer: Industrial Property Trust
Seller: Scannell Properties
Buyer & Seller’s SIOR Broker(s): Craig Hagglund, Lee and Associates

SIOR has nearly 200 transaction specialists in Northern California. Real estate professionals who have earned the SIOR designation are recognized as the most capable and experienced brokerage practitioners in the market.

About SIOR:
The SOCIETY OF INDUSTRIAL AND OFFICE REALTORS® (SIOR) is the leading professional office and industrial real estate association. SIOR members complete more than 80,000 transactions annually. SIOR has more than 3,000 members in more than 630 cities in 34 countries. SIOR represents today’s most knowledgeable, experienced, and successful commercial real estate brokerage specialists.

A little more about SIOR Northern California Chapter...

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