Alameda, CA – Ellis Partners has purchased the Alameda Technology Center, a 3-building, 70,070 square foot project in the Harbor Bay Business Park in Alameda. The project, which is located on Bay Farm Island, was built in 1990.The Alameda Technology Center is 100% leased, with 97% of the space leased to UT Starcom, a global leader in the manufacture, integration and support of IP-based, end-to-end networking and telecommunications solutions.  UT Starcom occupies the three buildings under three separate leases with staggered lease expirations, providing both ownership and UT Starcom with flexibility for future leasing.“We expect this market to draw tenants seeking …

Oakland, CA – Ellis Partners LLC has announced financing for a major multi-building retail, office and open space development at Oakland’s Jack London Square. As part of the $200 million dollar equity and debt deal, Jack London Square Investors, a partnership between Ellis Partners LLC, Jim Falaschi and a CarVal Investors’ managed account, will welcome the National Electrical Benefit Fund to the venture. Jack London Square Investors has secured debt financing from Bank of America to round out the project financing.The first phase of construction will include four mixed use buildings totaling 250,000 square feet. They include a 31,200 square foot retail and …

Palo Alto, CA – Today, Books Inc. and Ellis Partners LLC have announced that Books Inc. will open in the renovated Town and Country Center February 1, 2008. Books Inc. is relocating its Palo Alto store from the Stanford Shopping Center – where it opened in 1957, and will lease 4,000 square feet at Town and Country Center, just as the center nears completion of a $25 million renovation. Books Inc. will occupy a prominent location on Embarcadero, near Hobees, Kirk’s Steakburgers, and Peet’s.Books Inc. is one of the Bay Area’s most successful independent booksellers and can trace its lineage back to …

Palo Alto, CA – The City of Palo Alto and Ellis Partners LLC have announced that Trader Joe’s will become a tenant in Palo Alto’s Town & Country shopping center.   Ellis Partners negotiated the deal directly with Trader Joe’s; a lease for 12,000 square feet has been signed.   The City, Trader Joe’s, and Ellis Partners LLC will work through the city entitlement process to obtain the necessary final approvals, and the new store is anticipated to open some time in 2008.“We’re thrilled that this outstanding retailer and employer will be setting up shop in Palo Alto,” said Frank Benest, Palo …

San Francisco, CA – Ellis Partners LLC announced today the purchase of a two building office/retail complex at 715-721 Market Street in San Francisco.With this new project Ellis Partners, long term stakeholders in San Francisco’s central business district, is joining in the continuing revitalization of Market Street as a destination for retail and office tenants.   “We’re looking forward to contributing to the renaissance of Market Street,” said Jim Ellis, Principal of Ellis Partners. “This will be a space for the kind of exciting new retail tenants that are asking to be in this area, but currently face a shortage of choices. Upgraded …

Oakland, CA – DoBake Bakeries Inc, which currently operates manufacturing facilities in West Oakland and Hayward, will be moving into the currently vacant Mother’s Cookies site on 81st Avenue in Oakland in April 2007.DoBake will consolidate its operation from the West Oakland and Hayward facilities and establish a new state of the art bakery in the building. Other space in the renovated structure is expected to be marketed to other food service companies.DoBake’s General Manager Mark Carlson credits the City of Oakland’s Community and Economic Development Agency with making the deal happen. “The City was significantly involved in motivating us to stay …

Palo Alto, CA – Today, Ellis Partners LLC, a San Francisco-based developer specializing in renovations of historic retail and commercial properties, unveiled a series of dramatic improvements it will make to its landmark Town & Country Village. The $20 million dollar renovation will include new common areas, structural upgrades, new lighting, signage, as well as improved public areas and access. Ellis Partners expects to formally break ground in August.“We are putting our hearts, souls and wallets into this renovation,” said Jim Ellis, Principal of Ellis Partners LLC. “We’re re-making a landmark center and community treasure. When we are finished, Town & Country will provide …