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 [...]

C&W Northern California In the News – July 2015

Apple Dives into SoMa for First Big S.F. Real Estate Grab SF Business Journal, July 29 The San Francisco office market may get its first big bite of Apple. Apple Inc. is rumored to have leased approximately 76,000 square feet of office space in a South of Market building located at 235 Second Street. Cushman & Wakefield's John Lewerenz represented CBS Interactive, who is the sublessor. Thompson Dorfman Selling Commercial, Residential Sites in Foster City The Registry, July 19 Mill Valley-based Thompson Dorfman Partners is selling an approximately one-acre parcel entitled for 52,000 square feet of commercial development in Foster City. The company also put on the market an approximately 1.5-acre development site approved for 20 townhomes nearby at 1136 Triton Drive. Plans call for the 20 luxury Pilgrim-Triton Townhomes portion of the project to include two- and three-bedroom for-sale units and 48 parking spaces. Real estate brokerage Cushman & Wakefield, is the advisor on [...]

Cushman & Wakefield Advises TIBCO Software in Biggest Sale in Palo Alto History

Stanford Research Park Campus Sells for Record Price Cushman & Wakefield's San Francisco offices recently announced that it closed on the sale-leaseback of a 292,000-square foot office / R&D campus located at 3301-3307 Hillview Avenue in Palo Alto’s Stanford Research Park. Morgan Stanley’s Prime Property Fund purchased the property in what was the largest sale transaction in Palo Alto history. Universally recognized as the birthplace of Silicon Valley, Stanford Research maintains a world-renowned reputation for an unparalleled tenant base including the most innovative technology companies as well as many of the top law and financial services firms. TIBCO Software Cushman & Wakefield marketed the property on behalf of TIBCO Software Inc., a global leader in infrastructure and business intelligence software.  Simultaneously with the closing of the sale, TIBCO signed a long term leaseback agreement with the new owner. As a definite sign of the times, the record price paid illustrates [...]