A Fresh Take on CRE

SF + Bay Area Weekly Comp Digest

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

   
1740 Technology Drive in San Jose

San Jose: Company Signs on Technology Drive

A networking company currently in stealth mode, signed a new lease at 1740 Technology Drive in San Jose. The company will pay rent in the low-$2.00s PSF for the 12,662 SF space, which is in line with other leases in the building. The term of the lease is just two years. The venture recently received $33 million in investment from Sequoia Capital.



   
155 Grand Avenue in Oakland


Oakland: Publishing Company Moves in on Grand Avenue

It recently moved into its new space at 155 Grand Avenue in Oakland. The company will pay rent in the mid-$2.00s PSF for the 23,713 SF space. The term of the lease is 10 years and eight months.



   
238 East Gish Road

San Jose: Lighting Group Signs on East Gish Road

It signed a new lease at 238 East Gish Road in San Jose. The company will pay rent a little under $1.00 PSF for the 5,050 SF space. The term of the lease is three years, and the lease includes around $10 PSF in TI.



   
44 Montgomery Street

San Francisco: Construction Management Company Renews

The company renewed its lease at 44 Montgomery Street in San Francisco. It will pay rent in the mid-$50s PSF for the 2,302 SF space. The term of the lease is three years, and it includes about $5 PSF in TI.