A Fresh Take on CRE

SF + Bay Area Weekly Comp Digest: Clorox Company Signs at 1333 Broadway in Oakland, Edgeworth Economics Expands on Bush St. in San Francisco

Every week, we compile a digest of some recent deals from the CompStak database. We hope you will find the information helpful.

   
950 Tower Lane in Foster City

Foster City: SciClone Pharmaceuticals Renews

SciClone Pharmaceuticals renewed its lease at 950 Tower Lane in Foster City. The company is going from 25,000 SF down to 11,000 SF and will pay rent in the mid-$4.00s PSF for the smaller space. The term of the lease is four years with four months of free rent.



   
1333 Broadway in Oakland


Oakland: Clorox Company Signs at 1333 Broadway

The Clorox Company signed a lease at 1333 Broadway in Oakland, just down the street from its current headquarters at 1221 Broadway. The company will pay around $2.00 PSF for the 8,147 SF space. The term of the lease is five years, and it includes 3% annual escalations.



   
650 Whitney Street in San Leandro

San Leandro: Methods Machine Tool Takes 10,281 SF

Methods Machine Tool signed a lease at 650 Whitney Street in San Leandro. The company will pay rent just under $1.00 PSF for the 10,281 SF space. The term of the lease is five years.



   
333 Bush Street in San Francisco

San Francisco: Edgeworth Economics Expands on Bush St.

Edgeworth Economics recently expanded its footprint at 333 Bush Street in San Francisco. The company will pay rent just north of $50 PSF for the additional 2,600 SF of space. The term of the lease is five years, and it includes annual bumps and minimal TI’s.