Walnut Creek Office Space

Costar, June 10, 2005, Written by Serena Bilyeu
Owner/User Sells Medical/Dental Facility for $268/SF
Investors Buy 4,000 SF at 3556 Concord
Lawrence and Hera Blazer purchased 3556 Concord Blvd. in Concord. Total consideration for the deal was approximately $1.096 million, or about $268 per square foot.
Built in 1965, the one-story office building totals 4,083 square […]

From Costar, June 10, 2005, Written by Adam Jarrett
Two in Woodlands Office Park Sell for $7M
Investors Acquire 3000-3050 Citrus Circle in Walnut Creek
The group Citrus Circle Office Associates LLC acquired 3000-3050 Citrus Circle in the Woodlands Office Park in Walnut Creek for $7 million, or about $135 per square foot, with a 6.8% […]

East Bay Business Journal, April 8, 2005
RREEF buys CarrAmerica, Mount Diablo Plaza next
Katherine Conrad
Investment giant RREEF plans to close escrow this month on Mount Diablo Plaza in Walnut Creek - just after buying Pleasanton’s CarrAmerica Corporate Center in a deal valued at $197.3 million.
RREEF, Deutsche Bank Group’s real estate arm headquartered in Chicago, […]

East Bay Business Times, May 13, 2005
Prentiss plans to buy 1333 B’way
Katherine Conrad
Stepping up its buying spree in Oakland, Prentiss Properties Trust now proposes to purchase 1333 Broadway from San Francisco-based ATC Partners LLC.
“We’re trying and we think we will succeed. Our intent is to buy it,” said Mike Keely, regional director of […]

East Bay Business Times, May 20, 2005
Commercial space
R&B cashes in on Concord Plaza
Katherine Conrad
Reynolds & Brown is sifting through a dozen or so bids from buyers interested in acquiring the Concord Airport Plaza, the company’s flagship property as well as its headquarters.
Interest is high, said BT Commercial Real Estate/NAI’s Michael Speers, the exclusive […]

Leading the News
ProLogis to Buy Rival for $3.6 Billion
By Dennis K. Berman and Ray A. Smith
705 words
6 June 2005
The Wall Street Journal
A3
English
(Copyright (c) 2005, Dow Jones & Company, Inc.)
ProLogis is buying fellow real-estate investment trust Catellus Development Corp., in a $3.6 billion cash and stock deal that will create the nation’s largest REIT […]

The Property Report
Office Space: Foreign, Institutional Investors Pay Up
By Sheila Muto
468 words
8 June 2005
The Wall Street Journal
B6
English
(Copyright (c) 2005, Dow Jones & Company, Inc.)
Foreign and institutional investors are bidding up prices for office properties in the nation’s biggest markets, paying more than private investors and real-estate investment trusts are willing to offer, a […]