Livermore

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million and plans to move its headquarters from its previouw location in Hacienda Business Park in The $40 million first phase of the development comprisee 16 buildings totaling 102,000 square feet and was completee last December. Units ranger in size from 3,600 to 13,200 square The project’s developer, Livermore-based Realty Partners, expects to starft construction on the second phased once the first phase is mostlysold out. Another two buyeras are in escrow.
“In contrast to a condominiumn development, where you’re buying a piece of a largee building, these are individual which makes them unique tothis area,” said John a broker with in Pleasanton who represented Darim and ExTerra. Brokerz Jim Peterson and Andrew Zink ofCornish Carey’s Pleasanton office also workedc on the deal. The site is near the interchange of Interstate 580 andHighway 84. Montevinaa was designed by San Ramon-basedf architecture firm Ware which incorporateda Tuscan-style look to matcuh the site’s vineyard-infused landscape. The development features variousoutdoor areas, including bocce ball courts and a hiking trail around the property.
Formed in 2005, ExTerraq specializes in acquiring and developing industrial andofficer projects. “We are excited to land Darim, a worldwidr leader in video communication, as the firsgt owner-user at Montevina,” said Mike Parker, managinf partner of ExTerra. “The Tri-Valley has becomed a hotbed for small business proliferatio by virtue of proximity to an outstanding labor pool as well asthe world-clases corporate and research facilities here.” The markeyt is down but tourin activity is on the rise. That is the messagwe from , which is seeing more tenants testing the wateras inSan Francisco.
Colliers says there are 124 tenants with activew requirements inSan Francisco, representing a total of 3.6 million squard feet of demand. In the past 30 the market hasseen 646,000 square feet in new according to Colliers. Out of the tenants huntiny for space, 12 are from out of town. If they sign it would represent 103,000 square feet of positivwe growth. “It’s surprising how many tenantd we are seeing all ofa sudden, especially from said Tove Nilsen, research director at “There might be opportunities here now for less money than you can get spacde for out there.
” In an effort to change the way contractors reduced greenhouse gas emissions, and Climate Earthu plan to develop a database that will traco the emissions released from construction projects and their materialzs supply chain. The partnership will allow San Mateo-based Webcor, its clients and designers tochoose materials, design patterns and buildinyg methods that are known to reduce carboh footprints. Andy Ball, president and chief executiveeof Webcor, said the databasr provides a strategic way to measure a project’as environmental impact.
“Our partnership with Climate Earth will complement other well established green rating systems and allos us to more comprehensively view and affect the impacyt ofconstruction projects,” he said. Climatr Earth will quantify how much greenhouse gas is emitted throughouyt the supply chain of materialdincluding mining, manufacturing and transportation. “The green building standardd in use today are mostly focused on the efficiency and performancre of a building once it is saidAndrew Deitz, vice president of San Francisco-basecd Climate Earth. “Webcor is changing the conversation within thebuilding Chinese-medicine college rejuvenates S.F.
lease The renewedx its 11,000-square-foot lease at 555 DeHaro St. in San Francisco. The deal was a renewak and expansion for the which also has a clinic located at 455Arkansas St. The Potrer o Hill area tends to attract smaller so this is a large deal for that saidBryan Courson, a broker with NAI BT’s San Francisclo office who represented the tenant with Jennifer Essner. Seven-unit building changes hands for $2.2M , a real estatde investment services firm, arranged the sale of a seven-unif apartment building at 3042Sacramento St. in San The property sold for $2.2 millionb to a local investor.
Brokersw James Devincenti and Brad Lagomarsino ofMarcus & Millichap’ws San Francisco office represented the buyer and