Young’s Market Company Buys Pleasanton Office Building

by Bianca Torres, San Francisco Business TimesPleasanton, CA – Young’s Market Co., a wholesale beverage distributor, is moving its Northern California operations to Pleasanton from Union City.The company recently bought a 65,000-square-foot office building at 5100 Franklin Dr. in Pleasanton from Ellis Partners LLC, a San Francisco-based real estate investor and developer.The property, built about 12 years ago, formerly housed Hitachi Data Systems, a company that downsized and moved to another facility in Pleasanton.Young’s Market, founded in 1888, is a family-owned company headquartered in Southern California with operations in California, Oregon, Washington, Alaska Hawaii, Arizona, Idaho, Utah, Wyoming and Montana.  …

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Jack London Square Ventures Announces Agreement with Trifecta management Group for Major Entertainment Concept at Jack London Square

Oakland, CA – Today, Jack London Square Ventures, a joint venture between Ellis Partners LLC and DivcoWest, announced that it reached an agreement with Trifecta Management Group for a major dining and entertainment concept for the Pavilion Building that formerly housed a Barnes and Noble in Oakland’s Jack London Square Development.  The city block sized site, located at 98 Broadway, includes a 34,000 sq. ft. building and a 15,000 sq. ft. outdoor plaza and lies at the center of the 9 block project.“This is a major step forward at Jack London Square,” said James Ellis, Managing Principal of Ellis Partners …

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Adding Value To Surplus Properties

San Francisco, CA – One of Northern California’s largest commercial developers and investors, Ellis Partners focuses on turning around office, retail, industrial and mixed-use properties.“We regard ourselves as value-add investors with a love for architecture, buildings and communities, and expertise in complex rehabilitation and redevelopment challenges, many of which we execute in the urban infill areas around San Francisco Bay,” says Dean Rubinson, Senior Vice President of Development.  “We have a very strong team of professionals who are experienced in complex repositioning, renovation work and redevelopment of properties.”Putting the company’s experience to good use, Ellis Partners recently came to the …

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Ellis Partners Announces Acquisition of Iconic 1111 Broadway in Oakland City Center

Oakland, CA – Today Ellis Partners announced the purchase of 1111 Broadway in downtown Oakland, California. This premier Class A building located in the City Center development is twenty four stories and contains 566,168-square feet. Terms of the transaction were not disclosed.Ellis Partners is joined by several other institutional investors who have recently purchased other office buildings in the City Center complex.  The new ownership plans to re- affirm 1111 Broadway’s presence as the premier business address in Downtown Oakland.   Designed by famed architectural firm Gensler and constructed in 1990, 1111 has an expansive double-story stone clad lobby that flows …

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Ellis Partners Renovates and Welcomes New Tenants to the Renamed “The Lakes at Bayhill” Office Park

San Bruno, CA – San Francisco-based Ellis Partners, LLC announced today that it has renovated and renamed the three-building “The Lakes at Bayhill” office park.  Ellis acquired the property in October of 2012. Along with the renovation, Ellis Partners has signed 12 lease agreements representing 17% of the project, including companies new to the property and multiple expansions of current tenants.The property is located three minutes from San Francisco International Airport, boasts 147,555 square feet, and has undergone an interior and exterior facelift with many amenities. The Lakes at Bayhill’s mid-peninsula location means that it is easily accessible from both San …

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Ellis Partners Announces Acquisition of 255 California Street, San Francisco, CA

San Francisco, CA – Ellis Partners LLC announced the purchase of 255 California Street in downtown San Francisco, California.  The 14-story 183,000 square foot, Class A mid-rise office building is located at the corner of California and Battery Streets.  The seller was HB-255 California, L.L.C. The buyer was a real estate investment fund managed by Prudential Real Estate Investors. The seller was represented by CBRE and Prudential/Ellis Partners represented themselves in the acquisition.“We have known and respected the local Prudential team for years”, said Gordon Hess, Principal and Director of Acquisitions for Ellis Partners.  “We were pleased that we could work with …

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Ellis Partners Acquires Multiple Office Properties in Prime Roseville Commercial Corridor from Hines U.S. Core Office Fund

San Francisco, CA – San Francisco-based Ellis Partners LLC announced today that it has acquired a nine-property office portfolio in the business community of Roseville, California, which is showing positive signs of recovery. The firm has purchased over 670,000 square feet of high-quality real estate spread across four different real estate clusters. Each is located along Douglas Boulevard – recognized as the most desirable corporate corridors in the region.“We have been seeking investment opportunities in this region for some time and are excited to be entering the Roseville market,” said James F. Ellis, Co-Managing Principal of Ellis Partners. “We hope …

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Ellis Partners Acquires Properties in Pleasanton and Livermore

San Francisco-based Ellis Partners LLC announced that it has acquired properties in two separate transactions in the Tri-Valley area of Northern California.  The firm has acquired the 64,405 square foot two-story office building known as the “Franklin Corporate Center” located at 5100 Franklin Drive in Pleasanton, California.  The project was acquired from a private investor and will be 100% vacated by long-term tenant Hitachi prior to year end 2012.  The firm has also acquired the two-building 145,220 square foot office/flex project located at 455-477 North Canyons Parkway known as “North Canyons Tech Park” right off of Interstate 580 in the …

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Ellis Partners Acquires Peninsula Office Complex

San Bruno, CA – San Francisco-based Ellis Partners LLC announced that it has acquired the three-building 147,555 square foot project known as the “Lake Amir Office Park” located in the Bayhill Office Park in San Bruno, California.The acquisition represents the second purchase by commercial developer/investor Ellis Partners with capital partner Artemis Real Estate Partners, in its Emerging Manager Program with New York State Common Retirement Fund.  The venture’s first acquisition was the 228,110 square foot EmeryTech Building, in Emeryville, California which recently closed.“We are pleased that Ellis Partners was able to identify a second high-quality asset for acquisition by the …

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Jack London Square Announces New Restaurant Tenant, The Forge, Scheduled to Open Early 2013

Oakland, CA – Jack London Square Ventures, which manages Jack London Square in Oakland, announced today that the new restaurant group Les Bon Temps has signed a 10-year lease with options on a 4,739-square-foot space at 66 Franklin Street. The group plans to open a new artisan pizza and beer establishment named The Forge in early 2013 that will feature views of the famous Oakland waterfront.The Forge (“forge” refers to a hearth used to bake items at very hot temperatures) will specialize in artisan pizza and handcrafted beer, cocktails and a robust wine list. It is the first restaurant venture …

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