Xinyi McKinny Joins Cushman & Wakefield – China Direct Investment
Blog.cushwake.com, June 30
Xinyi (pronounced “Shin-Knee”) McKinny has joined the San Francisco offices of Cushman & Wakefield as Senior Managing Director – China Direct Investment. Xinyi will be responsible for supporting and driving new business opportunities with Chinese investor and occupier clients in the Bay Area and Los Angeles.
Bay Area Research & Brexit Too
Blog.cushwake.com, June 29
Robert Sammons provides an in depth overview of what happened in Q2 2016. According to Sammons, ” The statistics gave hardcore proof to what we’ve known since the beginning of the year – there is a fundamental shift underway in this office market.” The most glaring change was in the vacancy rate with the overall citywide figure jumping 160 basis points in Q2 2016 to 7.3%.
Jackson Square Among Coolest Streets
The Registry, June 29
A new breed of urban, experiential, and independent mid-market retailers catering to millennial consumers has led to the rise of 100 “Cool Streets” across the U.S. and Canada, according to an inaugural report released by Cushman & Wakefield.
San Francisco’s Jackson Square is Officially a Cool Street
Blog.cushwake.com, June 27
Garrick Brown opines on America’s up and coming streets. According to Brown, “Fashion is a fickle mistress and retail lives and dies by cool. Concepts connect, build loyalty, and grow by being cool. They also disengage, wither, and die by not being cool.” If nothing else, the history of fashion is the history of what is cool and what is desirable. This article received tremendous local and national coverage.
SF Business Times Honors Most Influential Women
Blog.cushwake.com, June 26
600 + Attend SF Business Times Honoring Most Influential Women in San Francisco. On Thursday, June 16th, approximately 600 well – heeled and high – heeled professionals from throughout the Bay Area converged on the Hilton Union Square in The City to celebrate an eclectic, diverse and star studded group of exceptional professional women. Among the 150 Influential Women recognized were Kazuko Morgan, Rhonda DiazCaldewey & Karen Vincent
Northern California Participates in Daylight Hour
Blog.cushwake.com, June 25
Organized by Building Energy Exchange, Daylight Hour spreads the word through office involvement and social media about the benefits of utilizing available natural light in lieu of electric lighting, including reduced greenhouse gas emissions, improved well-being, and financial savings. Locally, Daylight Hour was organized by Cushman & Wakefield’s Veena Muthusamy who manages our Corporate Responsibility Program, which was launched earlier this year.
LeEco acquires Yahoo’s Santa Clara land for $250M
Silicon Valley Business Journal, Jun 17
Chinese tech company LeEco has completed the acquisition of Yahoo’s nearly 50-acre development site in Santa Clara, a prelude to an ambitious growth strategy as it ramps up its North American R&D operations. LeEco paid exactly $250 million for the 48.6-acre site, where it is approved to build up to 3 million square feet of space. Steve Bouret of Cushman & Wakefield, represented Yahoo.
Toll Brothers Buy Big Fremont Site
Silicon Valley Business Journal, June 15
Toll Brothers this week acquired a large vacant lot across from the new Warm Springs BART station in Fremont. The 34-acre site comes with approvals for roughly 1,000 residential units, ranging from dense apartments to condo flats and townhomes.The buyer and the seller were represented by Erik Hallgrimson of Cushman & Wakefield.
C&W Represents Ridge Capital Investors in $28.5 Million LeSarra Luxury Apartments
Blog.cushwake.com, June 10
Cushman & Wakefield has successfully represented Ridge Capital Investors in the sale of LeSarra Luxury Apartments, Sacramento’s most luxurious multifamily property. Cushman & Wakefield Directors Jason Parr and Seth Siegel spearheaded the $28.5 Million transaction.
Pan-Asian Restaurant To Debut in Former Bike Shop Space
Sacramento Business Journal, June 10
Inchin’s Bamboo Garden, a Georgia-based franchiser, will enter the Sacramento region with a site in the Folsom Corners shopping center at 1760 Prairie City Road. Bicycle Planet, which closed last summer, previously filled the 2,779-square-foot space. Shaun Morrow of Cushman & Wakefield represented the landlord.
French Based Tech School Acquires 200k sf in the Bay Area for First US Campus:
rentv.com, June 8
A non-profit technology school based in Paris, known as 42, has acquired nearly 200,000 sf of space in the Bay Area for the launch of its first US campus. Cushman & Wakefield’s Kalil Jenab and Marcus Wood represented the school in the acquisition.
Silver Peak Systems Takes an Additional 74k sf at Santa Clara Biz Park
rentv.com, June 8
Silver Peak Systems has expanded its space by an additional 74k sf within @Central (formerly known as Airport Technology Park) in Santa Clara.
Brandon Bain, Steve Horton, Bob Simpson and Kelly Yoder with Cushman & Wakefield’s San Jose office represented the landlord in the transaction.
Prominent Retail Brokerage Executives Pamela Mendelsohn and Vikki Johnson Join Cushman & Wakefield
The Registry, June 3
Industry veterans Pamela Mendelsohn and Vikki Johnson have joined Cushman & Wakefield San Francisco in the Retail Services Group as Senior Managing Directors.The team’s addition solidifies the firm’s retail service offering as the most dominant in the industry.
Local Food Operator Signs Lease at 2150 Bell Ave.
Sacramento Business Journal, June 2
A local food operator has signed a five-year lease for a space at 2150 Bell Ave for an industrial space in Sacramento, which will help ramp up his trucks’ operations. Bryce MacDonald of Cushman & Wakefield represented the landlord.
Major Retailer Doubles Size in N California
Sacramento Business Journal, June 3
Discount retailer Big Lots Inc. plans to nearly double the size of its Folsom location by early next year. The store in the American River Plaza shopping center is expanding to include a neighboring space previously intended for a Fresh & Easy Neighborhood Market, according to brokers Shaun Morrow and James Teare of Cushman & Wakefield’s retail services group in Sacramento. Cushman represented the landlord in the deal.