Regions West | San Francisco
85,000SF Lease Signed at Tech Campus in San Jose
May 13, 2008

SVTC Technologies has committed to 85,000 square feet at what will ultimately be the 1.3 million-square-foot Hellyer Oaks Technology complex in San Jose. The technology concern will establish its photovoltaic development center in Building 1 at 5215 Hellyer Ave., where it will use 30,000 square feet as clean room space and 20,000 square feet will be reserved as lab space. Colliers International orchestrated the five-year lease agreement on behalf of property owner GRE Hellyer Oaks L.P.

 
Recent San Francisco Headlines
San Fran Boutique Hotel Gets $45M Refi
A refinancing deal valued at $45 million has closed for the 201-room Hotel Monaco San Francisco.
2.7M San Fran Biotech Project to Welcome Pfizer to 100,000-SF Space
The Alexandria Center for Science and Technology at Mission Bay, a behemoth 2.7 million-square-foot life science cluster being developed by Alexandria Real Estate Equities Inc. in San Francisco, will become home to a division of Pfizer now that the pharmaceutical company has pre-leased 100,000 square feet at the property.
Mixed-Use Project Housing Fireman’s Fund Aims for Carbon Neutrality in 10 Years
American Assets Inc. has revealed plans for The Commons at Mount Burdell, a green mixed-use project on a 65-acre site in Novato, Calif., about 30 miles north of San Francisco. According to the San Diego-based real estate company's calculations, the 1.5 million-square-foot development and redevelopment endeavor will be able to achieve carbon neutrality within a 10-year period. The Commons will evolve on the site of a Class A office complex on San Marin Drive. Home to the headquarters of the Fireman's Fund Insurance Co., American Assets acquired the property last year and will incorporate the existing buildings into the project. Ultimately, The Commons will encompass 800,000 square feet of new development that will include a premier hotel, retail space, meeting venues, a fitness facility and daycare accommodations. Additionally, 710,000 square feet of existing space will undergo renovation.
parcels HFF Arranges $56M Funding for $80M SFO Logistics Center Buy, Development
Centrum Properties Inc. and Angelo, Gordon & Co. have secured $56.3 million in financing to acquire and reposition the SFO Logistics Center, a 572,000-square-foot warehouse-distribution center and adjacent 5.2-acre land parcel in south San Francisco that had been owned by the federal government for decades. An HFF executive who arranged the financing told CPN today the entire deal is worth $80 million.
Sports Network to Relocate HQ to 32,000-SF Digs
With the signing of a lease for 32,000 square feet in the 450,000-square-foot office building at 370 3rd Street in San Francisco, Comcast SportsNet Bay Area will forsake its current Union Square locale for larger digs in the South of Market district.