C&W Northern California In the News – June, 2015

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Contained herein is a collection of news media mentions for Cushman & Wakefield’s Northern California region. Stories include transactions secured by several of our brokers and updates on new projects.  The media also frequently publishes data that our team has provided via research reports.

June news stories featured  George Eckard, Grant Lammersen, Jeff Cushman, Mark Andersen, Kris Kolmbach, David Scanlon, Kevin Lynch, Elaine Sahlins (Welcome to our Team, Elaine!), Ron Thomas, Reza Musavi, Dave Young and Bob Kraynak. Blog comments included remarks from Laura Duffy, Diana Harms, Victoria Garcia, Pei Hua Wang, Michelle Reyes and Stefanie Hasten. 

 

be social out there

 

 

 

Buchanan Street Partners Spends $25 Million on Marin Office Property
rentv.com, June 30
Buchanan Street Partners has acquired Rowland Plaza, a 143.4k sf office project in the Marin County city of Novato. The property was sold by a joint venture between Barker Pacific Group and Rockwood Capital for $24.9 mil ($174/sf). Grant Lammersen and George Eckard from Cushman & Wakefield represented the seller.

Buchanan Pulls Trigger Again in SF
biznow.com, June 30
Buchanan Street Partners, named after Buchanan Street in S.F. is getting back to its NorCal roots, with its second property purchase in two months. This time it’s the 143k SF Rowland Plaza in Novato, bought for $24.9M. Grant Lammersen and George Eckard from Cushman & Wakefield repped the seller.

 

 

NRG Energy Signs Largest Lease North of Market Street
cushwakesanfrancisco.com, June 30
Power company NRG Energy inked the largest lease north of Market Street this year, taking 51,530 square feet at 100 California St,, landlord Pembroke Real Estate said Monday. Lease is the ninth-largest in San Francisco this year – far behind six-figure leases inked in the South Financial District and South of Market by Uber, Docusign and Lending Club, according to data compiled by Cushman & Wakefield.

NRG Leases 51,530 SF in Downtown San Francisco
costar.com, June 30
NRG Energy (NYSE: NRG) a Fortune 250 company and a leader of the green energy initiative, leased 51,530 square feet at 100 California St. in San Francisco’s financial district. Mark Anderson of Cushman and Wakefield represented NRG.

Core Values: Why American Businesses Are Moving Downtown
cushwakesanfrancisco.com, June 30
Hundreds of companies across the United States are moving to and investing in walkable downtown locations. As job migration shifts towards cities and as commercial real estate values climb in these places, a vanguard of American companies are building and expanding in walkable downtown neighborhoods. Smart Growth America partnered with Cushman & Wakefield to create this report.

Kris Kalmbach Promoted to Senior Director at Cushman & Wakefield
Sacramento Business Journal, June 26
Cushman and Wakefield’s Sacramento office has promoted Kris Kalmbach. He specializes in representing owner/developers in office leasing and consults regional companies in acquisition and lease negotiations.

 

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Reinventing the Urban Experience: How to Add Life to Downtown San Jose
Silicon Valley Business Journal, June 26
Cushman & Wakefield, in its 2015-2017 U.S. Office Overview & Forecast published in April, said, “The millennial population, in particular, has demonstrated its preference for an urban environment in all facets of their lives. Working, living and playing have become a more seamless experience for this generation, which continues to enter, and will soon dominate, the labor market.”

MACH Energy Launches MACH Energy Insights in Oakland:
The Registry, June 24
MACH Energy, a provider of energy management software for the commercial real estate market, announced the launch of MACH Energy Insights, cloud-based energy management software. “MACH’s new Insights platform is a game-changer,” said Bob Chipka, Senior Engineer at Cushman Wakefield.

C&W Welcomes Hospitality & Gaming Industry Veteran
The Registry, June 24
Elaine Sahlins has joined Cushman & Wakefield’s Global Hospitality & Gaming Group, within Valuation & Advisory, as managing director and a senior member of its U.S. Operations team, based in San Francisco.

4 ESC Sacramento Rendering Cushman & Wakefield

The New Home of The NBA Kings is Scheduled to Open in October 2016

Welcome to Tomorrow: Sacramento Sports Center Update
cushwakesacramento.com, June 23
The Sacramento Entertainment and Sports Center (ESC) is a regional multi-use development and future home the Sacramento King’s arena. Scheduled to open in October of 2016, the project spans six city blocks within the urban core of the city. As a region-wide destination for premier shopping, dining, and entertainment, the ESC is a landmark project for the city and a major catalyst for Sacramento’s rapid economic growth and development. A Kimpton hotel will be one of the anchor tenants. Cushman & Wakefield’s David Scanlon is spearheading leasing efforts.

Study: Hunger for Talent is Driving Businesses out of Suburbs Around the Nation
cushwakesacramento.com, June 23
Many capital-region companies are moving — or thinking about moving — from the suburbs to the urban core. And Sacramento isn’t alone, a new report suggests. The report, by Smart Growth America and Cushman & Wakefield, studied 500 employers in many cities that added an office or expanded in a city center.

Mel Rapton Honda to Buy Vintage Auto Shop for Downtown Service Center
Sacramento Business Journal, June 23
Mel Rapton Honda is in contract to buy the 1930s-vintage Porter-Sprague Inc. auto shop in downtown Sacramento. Plans are to make it a service center convenient for workers in nearby office towers. Cushman & Wakefield’s Kevin Lynch and Ron Thomas are quoted.

Udemy Leases 39,562 SF in San Francisco
costar.com, June 24
Udemy, an online learning marketplace, signed a lease for 39,562 square feet in the office building at 600 Harrison St. in San Francisco. The six-story building totals 218,646 square feet in the Rincon/South Beach submarket. The property was built in 1989 and is currently owned by Pell Development. Bob Kraynak, Reza Musavi and Dave Young of Cushman and Wakefield represented the landlord.

Supply Outstrips Demand for Large Blocks of San Francisco Office Space First Time in Two Years
The Registry, June 14
When Cushman & Wakefield last week announced the topping off of San Francisco-based developer Bluxome Partners’ five-story, 57,000-square-foot office project at 85 Bluxome St. in the city’s South of Market District, the firm said that the building is the “largest contiguous block of available space that will be delivered in the district in 2015″.

85-Bluxome-Exterior

85 Bluxome Street: The largest contiguous block of available space to be delivered in SOMA this year

 

Cushman & Wakefield’s New Offices to Join Growing Brokerage Hot Spot
Silicon Valley Business Journal, June 12
Expect to see even more brokers in downtown San Jose after Cushman & Wakefield signed a lease to move its local office to 10 Almaden, one of the city’s trophy towers.”We’re a big believer in downtown San Jose,” said Jeff Cushman, executive managing director and managing broker for C&W in San Jose.

The Electric Goats of Sausalito  Featuring Goat Cam *
cushwakesanfrancisco.com, June 4
Cushwakesanfrancisco features an article about an ingenious, environmentally friendly and rather interesting business solution provided by a San Francisco based company.

 

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Your New Corporate Lawnmower: Spock, the Vulcan White Goat

 

 

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michelleAnd the Winner Is:

cushwakesanfrancisco.com would like to congratulate Cushman & Wakefield’s Project Management Coordinator Michelle Reyes on winning 1st Place in the soon to be internationally prestigious Smell the Social Media Coffee Awards.

This coveted monthly award is presented to the person who engages, comments, and generally is active online on a consistent basis. Michelle’s online efforts help to build the Cushman & Wakefield Brand, while maintaining visibility for her personal brand. Ausgezeichnet, Michelle!

 

44Coffee Awards Social Media michelle reyes trophy june

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