During March of each year, the San Francisco Business Times publishes the Real Estate Deals of the Year Awards for the previous year. This prestigious, regional acknowledgement celebrates the biggest and boldest Bay Area deals and projects completed in 2015.
The Business Times recognized nearly 30 residential, office, research & development, land and community impact deals and projects that spanned San Francisco, the East Bay and the Peninsula.
Thank you to Senior Editor Emily Fancher and the entire staff of the San Francisco Business Times for their efforts in sponsoring and promoting these awards each year.
Cushman & Wakefield Awards at a Glance:
Best Land Lease
Northwestern Chess-Hatch Land sale
Location: Chess Drive and Highway 92, Foster City
Size: 522,700 square feet
Price: Reportedly $120 million
Buyer: Gilead Sciences Inc.
Sellers: Northwestern Mutual Life and Sea Cliff Properties
Seller brokers: Mike Moran and Ben Paul of Cushman & Wakefield
Law firm: Holland & Knight
Architect: Valerio Dewalt & Train Associates
Best Office Lease
SurveyMonkey at Bay Meadows station 4
Location: 3050 S. Delaware St., San Mateo
Size: 210,000 square feet
Tenant: SurveyMonkey Inc.
Landlord: Stockbridge Capital Group/Wilson Meany
Tenant brokers: David Hiebert and Colin Feichtmeir of Cushman & Wakefield
Best Research & Development Deal
Location: 3301-3307 Hillview Ave., Palo Alto
Size: 292,000 square feet
Tenant: Tibco Software Inc.
Buyer: Morgan Stanley Prime Property Fund LLC
Seller: Vista Equity Partners – owner of Tibco Software Inc.
Seller’s brokers: Adam Lasoff, Grant Lammersen, Seth Siegel and George Eckard , Michael McMillan of Cushman & Wakefield