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March 24, 2017
 Top Commercial Real Estate Firms and Brokers in East Bay Win CoStar Power Broker Awards
Several top firms and real estate brokers in East Bay are among the winners of the annual CoStar Power Broker Awards. Now in its 16th year, the awards recognize those who perform at the highest levels in commercial real estate brokerage. Every year, CoStar's research team verifies and records the commercial real estate sales and lease transactions that closed during the previous year. From that information, CoStar presents CoStar Power Broker...
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March 24, 2017
 CoStar's People of Note (Mar. 24) - CBRE, HFF Add Senior Managing Directors
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: Washington DC, Minneapolis, New York City, Los Angeles, Austin, San Diego, Tampa / St. Petersburg, Atlanta, Baltimore, Boston, Charlotte, Toronto, Raleigh / Durham, Phoenix / Tucson, Chicago, San Antonio and South Florida. WASHINGTON DC Madison Marquette Hires Former...
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March 22, 2017
 Blackstone REIT's Recent Buys Involve Blackstone Affiliates
Blackstone Real Estate Income Trust, the new, non-traded REIT launched by the investment firm that broke escrow two months ago, is taking advantage of its access to the private equity giant's institutional real estate investment platform. The REIT?s three latest acquisition involve other Blackstone affiliates. Blackstone REIT acquired a $116 million interest in the bonds secured by a mortgage loan on Blackstone's 3.83 million-square-foot Willis...
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March 21, 2017
 Ellis Partners, Intercontinental Real Estate Close on Broadway Development Site in Downtown Oakland
San Francisco-based Ellis Partners and Boston-based Intercontinental Real Estate have teamed up for the first time to acquire a half-acre development site at 1100 Broadway in downtown Oakland where the venture plans to construct a new Class A office tower. Located across the street from Oakland Tower and the 12th Street Oakland City Center BART station, the site is home to the historic though derelict Key System building, a vacant 34,000-square...
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March 16, 2017
 Enray Divests Industrial Complex in Livermore to Toyota Material Handling
Toyota Material Handling has set up operations at 6999 Southfront Rd. in Livermore, CA after acquiring the 62,741-square-foot industrial building from Enray for $7.84 million, or about $125 per square foot. The property was completed in 2000 and features four loading docks and four drive-in bays, with a maximum clear height of 28 feet. Mike Donnelly of Colliers International and Chris Schofield of Lee & Associates represented the seller. Joyce...
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March 16, 2017
 Development Consultants Sells Pittsburg Retail Bldg.
A private investor has purchased the 8,438-square-foot retail building at 2110 Railroad Ave. in Pittsburg, CA from Development Consultants for $5.45 million, or about $645 per square foot. The property is occupied by a mix of tenants that includes AT&T Wireless, Pizza Hut and Jamba Juice. Ryan Forsyth and Vincent Aicale of Cushman & Wakefield represented the seller in negotiations. For more information on this transaction, please refer to...
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