Napa Square Introduces ‘Executive Suite’ Concept to Napa Valley – Cushman & Wakefield Heads Project Leasing Effort

Cushman & Wakefield Heads Project Leasing Effort, Foresees Success of Executive Suite Concept Ahead NAPA, Calif., March 25, 2019 – Cushman & Wakefield announced today that Napa Square, a premier office building located at 1455 First Street in downtown Napa, has introduced a brand new executive suite concept to the marketplace. Situated on the second floor of the 3-story building, the new offices are being offered to individuals or groups on a monthly or longer-term rental basis. Cushman & Wakefield’s Margaret Duskin and Bo Harkins are heading the leasing efforts for the property which is positioned in one of the world’s most popular wine and culinary destinations. Duskin said, “Our executive workspaces offer entrepreneurs, employees and employers alike greater flexibility, connectivity, and convenience both in terms of location and function.” She added, “Major nearby corporate hubs like San Francisco and Oakland already have extensive executive suites, and coworking concepts (such [...]

Cushman & Wakefield Welcomes Steve Dunn to Central Valley Industrial Team

Steve Dunn has joined Cushman & Wakefield as a Senior Director in Stockton, California. Steve will be part of the Central Valley Industrial Team, working alongside the firm’s Blake Rasmussen, Kevin Dal Porto and Tyson Vallenari. Steve brings more than 25 years of experience managing multi-million dollar businesses and projects tied to the development and construction industry. As past President for the last seven years of Cal Sierra Pipe, LLC, a steel pipe distributor servicing the Western United States, Steve managed the overall operation of a 20 person staff, exceeding $20 million in annual revenue. Prior to his presidency with Cal Sierra Pipe, Steve enjoyed more than 20 years of experience as an executive in the General Engineering/Heavy Construction Industry with Preston Pipelines, DSS/Knife River Construction and Grupe Development. Steve also has been instrumental in the overall project success of over $200 million in the construction of Residential Subdivisions, Commercial [...]

Cushman & Wakefield Announces Sale of Self Storage Facility in Northern California’s East Bay Area

CASTRO VALLEY, Calif., January 16, 2019 – Cushman & Wakefield announced the firm has completed the sale of Lockaway Storage in Castro Valley, California, a primarily residential community in the eastern region of the San Francisco Bay Area, or East Bay. Located at 8555 Dublin Canyon Rd., the project contains 26,000 rentable square feet of storage area as well as 135 outdoor RV/boat parking spaces. The seller was a private individual based in Northern California and the buyer was Ramser Development Company based in Southern California (Orange County). Greg Wells, Senior Director of Cushman & Wakefield’s Self Storage Practice Group, represented the seller and also procured the buyer in the transaction. “Lockaway Storage – Castro Valley is a best-in-class asset located adjacent to Interstate 580 midway between Hayward and the Dublin/Pleasanton communities,” said Wells. “This strategic location has ensured the project maintains high occupancy (95%+) and will provide the buyer [...]

2018 a Record-Setting Year to Remember for San Francisco Office Market

Year Ends with More Large Tech Deals, Positive Trends, but Supply Could Impact Growth Ahead SAN FRANCISCO, Calif. – January 10, 2019 – 2018 was a year for the San Francisco history books, according to Cushman & Wakefield’s year-end office market report. The firm’s quarterly publication revealed San Francisco produced a number of records this past year in the dominant office sector, including record high rents and new construction deliveries. In addition, vacancy reached a three-year low, while tenant requirements (demand) held strong. Also favorable to the market’s economic stamina, the most recent San Francisco metropolitan division (San Francisco and San Mateo counties) unemployment rate was a minimal 2.2%, dropping even further below the year ago figure of 2.6%. Year-over-year (YOY) total private sector jobs increased by 2.0% to 1,023,600 while office using positions increased 2.5% to 397,400. Overall San Francisco office market vacancy closed 2018 at just 6.4%, with [...]

Cushman & Wakefield Bolsters Tenant Rep Services in Bay Area with Hiring of Matt Chatham, Aaron Wright and Hope Keaney

SAN FRANCISCO, Calif., December 3, 2018 – Cushman & Wakefield announced today the addition of three Tenant Representation specialists in Northern California. Veteran brokers Matt Chatham and Aaron Wright have joined the firm as Executive Managing Directors, and Hope Keaney has joined as an Associate Director. All three professionals will be based in the firm’s San Francisco office and will focus on servicing clients regionally across the Bay Area and nationally. Along with his brokerage role, Chatham will also serve as Cushman & Wakefield’s Tenant Representation Lead for San Francisco. “It is with distinct pleasure that we have hired these very talented services providers, each possessing deep experience, focused discipline and work ethic and strong, sustained client relationships,” said Mike Smith, Cushman & Wakefield’s Managing Principal for the Northwest Region based in San Francisco. “As top tenant representative brokers, Chatham and Wright are individually recognized for their accomplishments in negotiating complex [...]

The Electric Goats of Sausalito

  Environmentally Friendly Blogging This week's blog post is only marginally related to Cushman & Wakefield and the commercial real estate industry. However, I believe there are many businesses and service lines with close ties to our industry who may put this article's information to practical use. I recently learned of an ingenious and environmentally friendly service that Bay Area real estate developers, golf courses, property landlords, schools, homeowners, municipalities, construction companies or unmotivated, suburban husbands may find quite interesting - and fascinating. As a longtime blogger, I have also discovered that the most successful blogs tend to combine targeted business niche stories with local human interest stories. Hopefully the humans who find this story interesting will also be fond of goats. A Herd in the Distance I was peering out of the window of my Marin County apartment recently and noticed a group of smallish, furry animals about [...]

Collective Health Moves HQ From San Mateo to San Francisco

by Mike Kirner How To Liven Up Your Lobby: "Welcome to Our Living Wall" Story by The Registry Collective Health Leases Entire 85 Bluxome Street Building Late last month, Collective Health, an enterprise health insurance software provider secured $81 million series C funding and moved quickly to secure a new home in San Francisco. According to sources with knowledge of the transaction, the new home has been confirmed at 85 Bluxome Street in San Francisco, in the city’s burgeoning Central SoMa district. The Registry was the first to break the news of the lease when they interviewed Cyrus Sanandaji, principal of Bluxome Partners, the developer. At the time, Sanandaji could only confirm that the tenant will be a healthcare company and that the building is fully leased. His firm has most recently been behind the successful redevelopment and leasing of 1045 Bryant Street, a brick [...]

Social Stratosphere Update: In the News – September, 2015

By Mike Kirner Happy 161st Birthday, Oscar October 16th was the birthday of my favorite Victorian poet, dramatist and playwright, Oscar Wilde. If you've never heard of him, he was alive and making news headlines long before Trump, Tom Brady, Mark Zuckerberg, Jayzee, most of the Kardashians ....or even Hillary Clinton. I'm pretty sure he rarely used Facebook, text messaging and he secretly loathed social platforms like LinkedIn and twitter. Back then, requesting an Uber ride meant telling your butler to fetch a horse and carriage. Believe it or not, trendy and collaborative commercial real estate professionals like us used to write each other handwritten notes instead of blogging or blasting out email blasts like this. Oscar Fingal O'Flahertie Wills Wilde (16 October 1854 – 30 November 1900) was an Irish author, dramatist and extremely popular playwright.  After writing in different forms throughout the 1880s, he became one of London's most [...]

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

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.          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 [...]

“Eclectic Gem Property” Available in Oakland

  Eclectic Gem Property: An Architect's Dream Come True Several times a year, cushwakesanfranciso features an eclectic, interesting property ideally suited for a unique type of use. This month, 1433 Webster in Oakland, CA is the featured building. According to Associate Director Bart Damner of Cushman & Wakefield's San Francisco office, "Every once in a while you see a property or building that is a perfect fit for a very particular type of client. From the outside, it's clearly not the world's most beautiful building. However, the potential to convert this former parking garage into a vibrant, modern architect's or engineers office is clearly evident." Executive Director Ryan Hattersley of C&W's Oakland office also speaks enthusiastically about this property: "This Building has great potential and is ideally suited for a creative/open plan user that will take advantage of the high ceilings and let the light from the front of the building and skylights flow [...]