Oakland, CA – San Francisco-based Ellis Partners announced that it has acquired the 277,030 square foot multi-tenant office building known as “180 Grand” in downtown Oakland, California. The project was acquired from an institutional investor.The property is a well-leased, multi-tenant office building at the southern edge of Broadway/Valdez specific plan district.  This acquisition represents the fifth purchase by commercial developer/investor Ellis Partners with capital partner Artemis Real Estate Partners.180 Grand is a fifteen story office building located at the prominent corner of Grand Avenue and Harrison Street adjacent to Oakland’s Lake Merritt.  The property also includes a surface parking lot …

San Rafael, CA – San Francisco-based Ellis Partners LLC announced that it has acquired the 130,237 square foot multi-tenant office building known as “4040 Civic Center Drive” in San Rafael, California.  The project was acquired from an institutional investor.The acquisition represents the fourth purchase by commercial developer/investor Ellis Partners with capital partner Artemis Real Estate Partners.“We are pleased that Ellis Partners was able to identify another high-quality asset for acquisition,” said Jim Smith, Portfolio Manager of Artemis Real Estate Partners.  “Ellis Partners was one of our earliest partners and we are very pleased to continue expanding our relationship with the …

Campbell, CA – Today Ellis Partners announced the purchase of The Pruneyard, a 27-acre mixed use landmark asset located in the heart of Campbell, CA. The Pruneyard is comprised of over 365,000 square feet of office space, over 250,000 square feet of retail space and the 171-room Doubletree (Hilton) hotel. Terms of the transaction were not disclosed.Located at the intersection of Campbell and Bascom Avenues only a quarter mile from thriving downtown Campbell, immediately accessible from State Route 17, and proximate to some of Silicon Valley’s highest profile residential neighborhoods including Willow Glen, Los Gatos, Saratoga, Cupertino, and Los Altos, …

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.  …

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 …

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 …

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 …

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 …

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 …

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 …