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November 23, 2014
 NorthMarq Capital Arranges $29.1M in Three Financing Deals
NorthMarq Capital's David R. Blum, senior vice president and senior director in the firm's Los Angles regional office has arranged financing in three separate transactions totaling a combined $29.06 million for three properties located across California. IBC Industrial Campus was refinanced at $20 million through a CMBS lender. The full leverage refinance deal offers significant cash out and carries a 10-year term with four years of interest-only...
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November 23, 2014
 EVB to Relocate HQ from San Francisco to Oakland
Bay-area ad agency EVB will relocate its headquarters from San Francisco to Oakland after signing a full-occupancy lease at 1738 Telegraph Ave. in the city's Uptown district. Once a Woolworth's Department Store, the 12,000-square-foot building will be custom renovated to accommodate the new tenant. The property is owned by Citrine Advisors and features a penthouse roof deck and ground-floor retail space, which EVB will utilize as a rotating art...
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November 20, 2014
 CoStar's People of Note (Nov. 16 - 22)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: New York City, Chicago, Los Angeles, Washington DC, Atlanta, Boston, Baltimore, and Dallas / Fort Worth. NEW YORK CITY Markowitz Takes Helm as President at Charles Rutenberg By Finn Raftery St
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November 17, 2014
 Summerhill Finishes New 300-Unit Luxury Apts. in Walnut Creek
SummerHill Apartment Communities has completed construction on Brio, a 300-unit residential rental property at 161 North Civic Dr. in Walnut Creek, CA, in Contra Costa County, near a BART light rail station. The energy efficient residences includes such amenities as a clubhouse, a 24-hour fitness studio, pool, coffee bar, wine lounge, complimentary common area Wi-Fi and concierge services. KTGY served as the architect of record for Brio and...
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November 17, 2014
 Bella Vista Sells for $14 Million
MG Properties acquired the Bella Vista Apts. at 713 Trancas St. in Napa, CA for $14.075 million, or about $195,000 per unit. The complex consists of 30 one-bedroom/one-bath units and 42 two-bedroom/one-bath units. Amenities include clubhouse, laundry facilities, and a pool. There were 5 vacant units at the time of sale. Mark Feldman, Stephen Jackson and Joe Owens of Colliers International represented the seller, Trinity Real Estate. The buyer...
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November 17, 2014
 Quik Pick Express Signs Renewal, Expansion in Oakland
Quik Pick Express will maintain its operations at 745 85th Ave. in Oakland, CA's Elmhurst Business Park after agreeing to terms with building owner Legacy Partners Commercial on a 65,000-square-foot renewal and expansion. The third party logistics provider originally signed a lease in 2012 for 41,522 square feet at the 294,676-square-foot industrial facility, which was constructed in 1988 near access points to I-880 in the Oakland-South submarket...
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