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East Bay Office Space Market Report

3rd Quarter 2011 – East Bay Office Market Report

Click here to download 3Q11 EB office Market Report 3rd Quarter Deal Profile Aegis was engaged to find a specialized R&D facility that was deliverable very quickly. We were able to find a solution that provided the right economic package combined with near-term deliverability. 26225 Eden Landing Road, Hayward, CA

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Two Major Employers May leave Oakland

Oakland may be on the cusp of losing at least one major employer, possibly two. The Metropolitan Transportation Commission, which shares space in Oakland with the Association of Bay Area Governments, appears poised to approve a plan to move its headquarters to San Francisco. MTC, and possibly ABAG, would share space with the Bay Area Air Quality Management District at the old post office building at 390 Main Street in the city. The air district likely will approve the deal on Monday, although it won’t become final until MTC’s board votes on it later this month.

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2nd Quarter 2011 – East Bay Office Market Report

Realm Charter School retained Aegis to find a building that could meet a tight, nine-month lead time with a cost effective economic package. This task was complicated by the strict life safety, seismic and zoning requirements for an E-occupancy. Aegis was able to quickly focus on a solution in a constrained market.

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Emeryville – Guitar Center is moving into the Public Market

Guitar Center, a musical equipment retailer, plans to move into a space formerly occupied by Borders in Emeryville’s Public Market.

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The Salesforce effect is sweeping down the Peninsula

HCP Inc. plans to build as much as 800,000 square feet of lab and office space on a 20-acre former U.S. Steel site in South San Francisco after buying the land from Genentech Inc. last month for $65 million. The deal comes six months after Salesforce.com Inc. bought 14 acres in San Francisco’s Mission Bay [...]

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SF Tax Luring Oakland Tenants?

http://sanfrancisco.cbslocal.com/2011/04/11/phil-matier-oakland-mayor-tries-to-lure-sf-tech-firms-to-the-east-bay/ It looks as if our new Mayor is out knocking on doors! We LOVE the initiative! Oakland is already home to Pandora, GT Nexus, AskJeeves and Skytide.

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1st Quarter 2011 – East Bay Office Market Report

bioNovo engaged AEGIS to find a facility with existing GMP infrastructure in the Bay Area. Within 90 days, AEGIS was able to find a site with 80% of the necessary GMP infrastructure, negotiate a phased occupancy and commence the construction process.

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4th Quarter 2010 – East Bay Office Market Report

Aegis worked on behalf of BioTime to locate a highly specialized life science lab and R&D facility. Based on our research, BioTime determined that modifying and expanding their current facility was the best solution.

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Ellis re-capitalizes Jack London Assets

This is a great article in The Resgistry on the re-capitalization of Ellis Partners Jack London portfolio. It will be interesting to see how Divco might affect the economics of future deals done at 55 Harrison as well as the anticipated Jack London Market. http://www.theregistrysf.com/

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West Berkeley to Consider Zoning Change

The City of Berkeley has announced it will consider significant zoning changes to promote development in West Berkeley. This change could potentially allow for increased density and taller structures. The idea is to provide for commercial space for start ups that continue to emerge out of UC Berkeley and LBNL. http://www.bizjournals.com/sanfrancisco/morning_call/2011/01/city-eyes-west-berkeley-for-local.html?ana=e_sfbt_rdup

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