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October 17, 2014
 CoStar's People of Note (Oct. 12 - 18)
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, South Florida, Boston, East Bay, Tampa / St. Petersburg, Los Angeles, Houston, Washington DC, Chicago, Austin, Phoenix, Seattle, and Orange County. NEW YORK CITY Retail Power Broker Pomerantz Joins C&W By CoStar News Staff Read More >  
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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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October 12, 2014
 TIAA-CREF Closes On Park Lake Apts.
New York City-based TIAA-CREF recently finalized its acquisition of the Park Lake Apts., a 184-unit multifamily community located at 100-260 Park Lake Circle in Walnut Creek, CA. Completed in 1981, the two-story garden-style community consists of 96 one-bedroom and 88 two-bedroom units within a short distance of two BART stations and downtown Walnut Creek. The units average 876 square feet. The community is complemented by a fitness center,...
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October 12, 2014
 Belvedere Court Apartments Sells
A private investor has purchased the 18-unit apartment complex at 27033 Belvedere Ct. in Hayward, CA for $2.85 million, or about $158,000 per unit. The complex was constructed in 1964 and consists entirely of two-bedroom/two-bath apartments. The seller, Nation Home Realty & Mortgage, was represented in-house. Marlene Young represented the buyer. For more information on this transaction, please refer to CoStar COMPS #3123021.
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