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 …
What’s New
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 …
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 …
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 …
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 …
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 …
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 …
Jack London Square Continues Office Leasing Growth Pattern with Renewal of Two Key Tenants
Oakland, CA — Jack London Square Ventures announced today that two office tenants, Timpson Garcia LLP and Parsons Brinckerhoff, have both re-signed multi-year leases at Oakland’s Jack London Square.Parsons Brinckerhoff is a global management consulting firm specializing in planning, engineering, construction and operations for transportation and other industries. A tenant at Jack London Square since 2005, Parsons Brinckerhoff signed an early renewal for an additional three years. The organization now occupies 5,626 square feet at 70 Washington, which it uses as a project office for marketing, customer service, public education and outreach. Parsons Brinckerhoff worked with the property’s ownership to expand its office …
Navis Signs New Office Lease at Jack London Square for Global Headquarters
Oakland, CA – Jack London Square Ventures announced today that leading maritime technology and cargo management company, Navis, signed a new office lease of approximately 35,000 square feet to house its global headquarters at Oakland’s Jack London Square. The new office space spans the entire 6th floor and half of the 5th floor at the new LEED silver certified 55 Harrison Street building. A prime waterfront location, the building features decks and sweeping water and city views. Navis is targeting an August 2012 move to Jack London Square from its current offices at 1000 Broadway Street in downtown Oakland.“We are …
New Tenants Dock at Jack London Square
Oakland, CA – New office tenants have poured into the Jack London Square waterfront redevelopment. After signing a 68,000 square foot lease with Sungevity, a solar panel leasing company, earlier this year, Ellis Partners inked the following leases and renewals in the fourth quarter:Live Culture Co., organizers of teh annual Eat Real Festival, leased 2,600 square feet at 66 Franklin St.The English Center, an English language institute, expanded to 9,400 square feet at 66 Franklin St.Law firm Fagan Friedman & Fulfrost LLP renewed for five years for 10,429 square feet at 70 Washington St.The California Association of Public Hospitals, a nonprofit, …