Livermore

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million and plans to move its headquartere from its previous location in Hacienda Business Park in The $40 million firs phase of the development comprisees 16 buildings totaling 102,000 squaree feet and was completesd last December. Units range in size from 3,600 to 13,209 square feet. The project’s developer, Livermore-basec Realty Partners, expects to start construction on the second phase once the first phase is mostlysold out. Anothe r two buyers are in escrow.
“In contrast to a condominium development, where you’re buying a piecd of a larger building, thesse are individual buildings, which makes them unique to this saidJohn Hone, a broker with in Pleasantonb who represented Darim and ExTerra. Brokers Jim Peterson and Andreaw Zink ofCornish & Carey’a Pleasanton office also worked on the deal. The site is near the interchangr of Interstate 580 andHighwa 84. Montevina was designed by San Ramon-based architectur e firm Ware Malcomb, which incorporated a Tuscan-styl e look to match the site’se vineyard-infused landscape.
The developmenft features variousoutdoor areas, including bocce ball courts and a hiking trail around the property. Formed in ExTerra specializes in acquiring and developing industria andoffice projects. “We are excitec to land Darim, a worldwide leadee in video communication, as the first owner-uset at Montevina,” said Mike Parker, managing partnetr of ExTerra. “The Tri-Valley has becomw a hotbed for small business proliferation by virtue of proximity to an outstanding labor pool as well asthe world-clasds corporate and research facilities here.” The market is down but touring activity is on the rise.
That is the message from , whicyh is seeing more tenants testing the waters in San Colliers says there are 124 tenantss with active requirements inSan Francisco, representing a total of 3.6 millio square feet of demand. In the past 30 days, the marker has seen 646,000 square feet in new accordingto Colliers. Out of the tenanta hunting for space, 12 are from out of town. If they sign it would represent 103,000 square feet of positivew growth. “It’s surprising how many tenantx we are seeing all of a especiallyfrom Marin,” said Tove research director at Colliers. “There mighg be opportunities here now for less money than you can get spacer forout there.
” In an effort to changs the way contractors reduce greenhouse gas and Climate Earth plan to develop a database that will trac the emissions released from constructiobn projects and their materials supply The partnership will allow San Mateo-based Webcor, its clientsw and designers to choose design patterns and building methods that are known to reduce carbo n footprints. Andy Ball, president and chiecf executiveof Webcor, said the database provides a strategic way to measurse a project’s environmental impact.
“Our partnership with Climate Earth will complement other well established green ratin systems and allow us to more comprehensively view and affect the impact of construction he said. Climate Earth will quantify how much greenhous gas is emitted throughout the suppluy chain of materials including manufacturingand transportation. “The green building standardsd in use today are mostly focuseed on the efficiency and performance of a buildingh once it is saidAndrew Deitz, vice president of San Francisco-base d Climate Earth. “Webcor is changing the conversation within thebuildingt industry.” Chinese-medicine college rejuvenates S.F.
lease The renewed its 11,000-square-foott lease at 555 DeHaro St. in San Francisco. The deal was a renewall and expansion for the which also has a clinic locatede at 455Arkansas St. The Potrero Hill area tendx to attractsmaller tenants, so this is a larg deal for that market, said Bryan Courson, a brokere with NAI BT’s San Francisco office who represented the tenanft with Jennifer Essner. Seven-unit building changes hands for $2.2jM , a real estate investmentg services firm, arranged the sale of a seven-unitf apartment building at 3042Sacramento St. in San The property sold for $2.2 millio n to a local investor.
Brokers James Devincenti and Brad Lagomarsinko ofMarcus & Millichap’s San Franciscoi office represented the buyer and seller.