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October 23, 2014
 CoStar's People of Note (Oct. 19 - 25)
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: Greenville / Spartanburg, Cleveland / Northern Ohio, San Diego, South Florida, Atlanta, Washington DC, Northern New Jersey, Philadelphia, and Chicago. GREENVILLE / SPARTANBURG Colliers Taps Pollard as Vice Chair, Retail Services USA By Justin Sumner Read More >  
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October 21, 2014
 Market Trend: East Bay/Oakland's Office Vacancy Increases to 10.9%
The East Bay/Oakland Office market ended the third quarter 2014 with a vacancy rate of 10.9%. The vacancy rate was up over the previous quarter, with net absorption totaling negative (127,177) square feet in the third quarter. That compares to negative (42,593) square feet in the second quarter 2014. Vacant sublease space increased in the quarter, ending the quarter at 450,299 square feet. Tenants moving into large blocks of space in 2014...
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October 16, 2014
 Construction Loan Secured for Greenwood Business Park
The developer of Greenwood Business Park at 1225 Airport Blvd. in Napa, CA has secured a $13.2 million construction loan. The Class A development is currently under construction and will total 225,782 square feet of warehouse space for Napa wine producers. The loan was arranged by Dennis Williams of NorthMarq Capital, a commercial real estate financial intermediary.
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October 16, 2014
 Callidus Subleasing New HQs Space from Oracle America
Callidus Software Inc. entered into a sublease with Oracle America Inc. for the lease of 74,964 square feet of office space at 4140 Dublin Blvd. in Dublin, California, which will replace Callidus? current corporate headquarters. The new sublease expires on May 15, 2022. Base rent will be abated until Nov. 30, 2015. Callidus will be exiting its current location at 6200 Stoneridge Mall Road, Suite 500, in Pleasanton, California by February 2015...
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October 13, 2014
 DCT Nets 750,000-SF Industrial Facility Fully Leased to Kellogg's
Denver-based DCT Industrial Trust (NYSE: DCT) expanded its Northern California consolidated portfolio to 3.9 million square feet with the acquisition last month of 1550 N. Chrisman Rd. in Tracy, CA. The 750,000-square-foot bulk distribution building was completed in 2004 on 35 acres within the Tracy Logistics Center. Centrally located in the Central Valley submarket, the facility offers convenient access to I-5 and Highways 580 and 205. Kellogg...
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October 13, 2014
 Pedder Joins Cassidy Turley in Walnut Creek
Brooks Pedder has joined Cassidy Turley as a senior managing director based in the firm's Walnut Creek office. Pedder has worked in the East Bay real estate industry since 1985 with stints at Norris, Beggs & Simpson, Galbreath Co. and most recently Colliers International, his employer since 1997. Also joining Pedder in Cassidy Turley's Walnut Creek office are Tony Binswanger, who was named a senior vice president, and Bo Hawkins, who will be...
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